What a UAE bank merger might mean for consumers
The next bank merger in the UAE could see a tie-up between Abu Dhabi Commercial Bank, Union National Bank and…
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Clyde & Co expands Middle East Corporate practice with key partner hire
Global law firm Clyde & Co has announced the appointment of Taimur Malik as a partner in its Middle East…
FAB Recognised as ‘Most Innovative Investment Bank From the Middle East’ for Third Consecutive Year
First Abu Dhabi Bank has been named ‘Most Innovative Investment Bank from the Middle East’ for the third consecutive year…
We Got Funded: The Luxury Closet Founder Kunal Kapoor On The Startup's US$8.7 Million Growth Funding
The Luxury Closet, a Middle East luxury resale marketplace, has successfully raised US$8.7 million in growth funding in a round…
ADGM launches new private financing platform regulatory framework to support start-ups and enterprises
Abu Dhabi Global Market has launched its framework to regulate operators of Private Financing Platforms (PFPs) serving equity investment, debt…
Abu Dhabi banks report over $4.5bn income in H1
The net income of commercial and Islamic banks operating in Abu Dhabi amounted to Dh16.6 billion ($4.51 billion) during H1…
Abu Dhabi issues new rules to ease business
The Department of Economic Development – Abu Dhabi (DED) issued two decisions aimed at facilitating the conduct of economic activities…
ITFC to Implement U.S. $3 Billion Framework Agreements through two new Financing Agreements to Support Egypt’s Main Sectors
The International Islamic Trade Finance Corporation has announced the signing of two new Agreements between ITFC & the Government of…
State Street opens 2nd UAE office in Abu Dhabi
US-based State Street Corporation, a leading provider of financial services, has announced the opening of its first Abu Dhabi office,…
Middle East’s tally of ‘demi-billionaires’ keeps growing
The ranks of the Middle East’s super-wealthy are showing no signs of flagging. In fact, the number of individuals…
UAE bank mergers to ring in economies of scale
Mergers are increasingly becoming common in the UAE’s banking sector as the industry seeks to reap the benefits of economies…
New guidelines for economic licenses in Abu Dhabi
The Department of Economic Development, has issued two decisions to facilitate economic activities in Abu Dhabi as part of the…