The issuance was met with robust demand, attracting interest from over 240 global and regional investors with the final order exceeding $7bn
The association represents more than 2,100 corporate members with over $2.5tn hedge fund and private credit assets
The school operator added 28,563 students for the 2022/23 academic year, a 36.2 per cent YoY increase in enrolments
Abu Dhabi Catalyst Partners is a joint venture between Mubadala Capital and Alpha Wave Global
The bank said access to InstaPay App will offer its customers a new level of convenience and flexibility in managing their finances
The bank’s operating income jumped 14 per cent year-on-year to QAR18.5bn compared to the same period a year earlier
The payment solution allows businesses to securely collect and process payments while seamlessly integrating with their existing processes
The rebranded division brings in-depth knowledge and expertise across a range of markets across the Middle East
The bank aims to boost software development, collaboration and customer engagement using tools such as GitHub Copilot X, ChatGPT and MS 365 Copilot
Powered by a strategic rebranding, EFG Holding continues to maintain a competitive edge across frontier and emerging markets. Group CEO Karim Awad shares the details
The transaction is expected to close in the third quarter, subject to regulatory approvals
The latest round of hiring at Shuaa Capital comes amid a flurry of capital markets activity in the Middle East
Verition manages approximately $7.3bn across its strategies, with over 400 employees globally
The notice was issued following approval from the Central Bank of UAE’s board of directors, with the measures coming into effect from July 1
The KEXIM loan facilities were refinanced through a competitive market process resulting in the selection of two banks, ADCB and FAB
The offering will help the bank’s clients to seamlessly tap global carbon credit markets to support their net zero ambitions and sustainability goals
The bank allows its customers to digitally create an investor number on the Abu Dhabi bourse and apply for IPO subscriptions
S&P Global Ratings recently upgraded Emaar Properties based on the strong demand seen in the UAE’s real estate sector
The framework complements ADGM’s existing regulation of carbon offsets, facilitating the establishment of the world’s first regulated carbon offsets exchange and clearing house
The tie-up of HDFC Bank and Housing Development Finance Corporation creates a lender that ranks fourth in equity market capitalisation
The banks increased their credit balance by Dhs2.1bn or 0.3 per cent in April 2023, up from Dhs735.2bn a month earlier
Strong capital buffers have supported the UAE financial services sector over the years and banks are re-articulating their value proposition to thrive in the new digital environment
One of the main sources of concern for the Qatari banking system has been the build-up of external debt
The plans to further support its Algerian business to accelerate its growth and capture new pockets of opportunities within the country and the wider region
The digital partnership will work to accelerate growth across the tourism ecosystem
This partnership gives Astra Tech customers access to microfinance options specifically designed for individuals with low and medium incomes through Botim, supported by National Bonds’ Al Manassah Platform
The central bank said banks’ gross credit increased by 0.1 per cent to Dhs1.89tn in April, driven by a 0.4 per cent growth in domestic credit
The collaboration will further enable customers to better manage their spending and make purchases more conveniently both in-store and online
The programme is targetted at farmers, local producers, technology providers, equipment suppliers, and those involved in the agriculture support ecosystem
The financial markets will close for Eid Al Adha holidays as per the guidance by Securities and Commodities Authority