The stock exchange said that the listing will be in three tranches, starting on June 21
The proceeds from the facility will be used for general corporate funding purposes and trade finance requirements of NBE, providing essential support to its operations and growth
This launch marks a major milestone as the first fund structure to be made available to UAE investors under the new UAE regulatory regime for public funds
The platform could help Saudi Arabia with its vast Vision 2030 plan
The service, initially available in Emirates NBD’s branches in the UAE and Saudi Arabia, aims to eliminate payment flow barriers caused by different weekend schedules
While sector-agnostic, the fund will have a strategic focus on climate and energy tech, fintech, supply chain logistics, B2B SaaS and AI
The digital bank and MANTRA will develop frameworks for RWA tokenisation that comply with regulations set by the Dubai’s VARA
According to the Boston Consulting Group report, globally in 2023, assets under management rose by 12 pr cent to nearly $120tn
The mBridge platform is an initiative under the CBUAE’s Financial Infrastructure Transformation programme that seeks to accelerate the digital transformation of the UAE’s financial services sector
The transaction achieved the largest price tightening by any UAE bank in the last five years for an additional tier 1 transaction
MENA countries have made significant progress in empowering women economically, politically, and socially, and considers women to be key partners in sustainable growth
Financial and insurance activities, transportation and storage, real estate and construction sectors were among the top growth sectors
Courses in an online MBA are designed to be accessed from anywhere in the world, providing access to a global network of faculty and peers
The financial hub said the total number of operational entities jumped by 30 per cent to reach 1,950
Abdulaziz Al-Ghurair, UBF and Mashreq chairman, said UAE banks are leveraging technologies such as AI, blockchain, and data analytics
LGT has developed deep expertise in guiding high-net-worth families through the complexities of passing on their legacies, says the chief executive officer of LGT (Middle East) Ltd
Retirement planning consists of anticipating future needs and factoring in potential healthcare costs while ensuring that the plan aligns with personal aspirations
As financial literacy improves, especially among newer investors, their demands for more sophisticated information will also grow
The team at NBK Capital Partners will join the $353bn asset manager as the firm’s new emerging markets private capital division
The iVestor App allows direct subscription to both public and private offerings, enhancing investment accessibility in the region
Leveraging favourable market conditions and investor appetite, ADQ’s bond issuance garnered significant interest
In 2022, ADQ and OIA identified investment opportunities worth over $bn in key sectors of Oman’s economy
The introduction of the Taxpayer Charter is part of the FTA’s broader efforts to enhance taxpayer awareness about the UAE tax system
Addressing the Atlantic Council, Georgieva highlighted the pandemic’s lingering effects, including a staggering $3.3tn in global output losses since 2020, with vulnerable nations disproportionately impacted
The world’s biggest and best-known cryptocurrency is down 16.2 per cent from the year’s high of $73,794 on March 14
The construction of Terminal 6 will be executed in two phases, with Phase I already underway and expected to be completed by 2025
In ADX, five large direct deals were executed on 243.4 million shares, amounting to Dhs683.3m
The development bank has set an ambitious target of providing Dhs30bn in financing support to 13,500 companies by 2026
The Eid Al Fitr holiday will start on Monday, April 8, 2024 (Ramadan 29, 1445 AH)
When it comes to expanding globally from a UAE base, the complexity of tax regulations across different jurisdictions can pose significant hurdles