This initiative, announced at Investcorp’s China-GCC Investment and Business Cooperation Summit, aims to attract institutional and private investors from the GCC, along with CIC
Egypt has moved ahead with administrative realignment of the region after the country signed a $35bn FDI deal with the UAE’s ADQ earlier this year
Miahona was established as one of the first proponents of the public-private partnership (PPP) model in the kingdom
In 2022, ADQ and OIA identified investment opportunities worth over $bn in key sectors of Oman’s economy
Set up in 2004, Plenary has a portfolio of 21 assets under management valued at over $25bn across Australia and the Middle East
Stiven Muccioli’s insights shed light on BKN301’s mission to revolutionise banking services, underscoring the importance of innovation, adaptability, and cybersecurity in the ever-evolving fintech landscape
The emirate is rated “Aa2” by Moody’s and “AA” by both S&P and Fitch Ratings
The subscription period for UAE retail investors will run from April 23-29, and for professional investors until April 30
The bank moved up four places to rank 109th in Brand Finance’s top 500 banking brands globally
Egypt allowed its currency to weaken sharply on March 6 after keeping it fixed to the dollar for nearly a year
The Indonesian bank’s share price rose on Thursday in trade despite denials from ADIB that it is in talks to acquire a 15 per cent stake
The company has appointed banks including HSBC and the securities units of Al Rajhi Bank and Saudi National Bank to advise on the debt sale
In light of weather-related damage caused to property and vehicles, it is important to understand the tools available to claim insurance
ADIB has denied that it’s in talks to buy a minority stake in Indonesia’s top Islamic lender
The introduction of the Taxpayer Charter is part of the FTA’s broader efforts to enhance taxpayer awareness about the UAE tax system
AI can support more seamless experiences with BaaS and embedded finance, such as faster and more accurate credit decisions and fraud detection
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
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
FAB has held early exploratory talks with owners of several Turkish banks
US gold futures settled 1.6 per cent higher to $2,345.4
Developed markets dominate the top 25, but emerging markets like the UAE and Saudi Arabia witness significant rises
Egypt received the initial $5bn payment from the UAE in its $24bn deal at Ras El Hekma peninsula west of Alexandria
The Eid Al Fitr holiday will start on Monday, April 8, 2024 (Ramadan 29, 1445 AH)
Gulf markets have been riding an IPO boom over the last two years on high oil prices and foreign institutional investor interest
Bullion has hit record highs in each session for over a week over data from the US economy
When it comes to expanding globally from a UAE base, the complexity of tax regulations across different jurisdictions can pose significant hurdles
Failure to comply with the tax deadlines could result in hefty fines
The Saudi Exchange played a pivotal role in facilitating more than SAR11.9bn ($3.2bn) raised through IPOs on the Main Market in 2023