All Articles

Property & Real Estate

US$ 4.4bn Of Private Capital Globally Is Set To Be Invested In Dubai’s Residential Property Market

May 24, 2024

High-net-worth-individuals (HNWI’s) around the world are prepared to spend US$4.4 billion on residential real estate in Dubai, according to global…

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Hedge Funds & Alternative Investments

UAE: Most employees have a second job or business, expert says

May 23, 2024

In the UAE private sector, it is not uncommon for employees to have a side hustle. Recruitment experts said it…

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Regulation, Risk & Compliance

Why did Abu Dhabi Global Market regulator impose a $122,500 fine on Sarwa?

May 23, 2024

The Financial Services Regulatory Authority  of Abu Dhabi Global Market (ADGM) has levied a fine of $122,500 (Dhs449,881) on Sarwa…

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FinTech

Turkey’s fintech start-up Colendi raises $65mln – report

May 23, 2024

Turkish fintech start-up Colendi has secured $65 million from a group of investors, taking its valuation to $700 million, Bloomberg…

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Hedge Funds & Alternative Investments

Saudi fintech firm Rasan’s $224m IPO oversubscribed 129.1 times

May 23, 2024

Saudi Arabia fintech firm Rasan said on Tuesday that it has attracted $29bn (SAR108.6bn) in investor orders for its initial…

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Environment and Sustainable Investments

UAE, Saudi Arabia lead MENA with green bonds issuance of $15.4bln in 2023

May 23, 2024

Green bond issuances in the Middle East and North Africa (MENA) more than doubled to $15.5 billion in 2023, driven…

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Hedge Funds & Alternative Investments

Family offices increase allocation to fixed income in hunt for yield – UBS

May 23, 2024

Family office investments in fixed income or bonds have increased at their fastest rate in five years as the world’s…

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FinTech

CREALOGIX and Tuum forge strategic alliance to transform banking in the EMEA at Seamless Middle East 2024

May 23, 2024

A leading Fintech company headquartered in Switzerland, CREALOGIX and Tuum have  announced a strategic partnership aimed at revolutionizing the banking…

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Retail Banking

Kuwait’s Burgan Bank signs core banking deal with TCS BaNCS

May 23, 2024

Kuwait-based Burgan Bank has announced signing an agreement with Tata Consultancy Services to upgrade its core banking system by implementing…

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FinTech

Burgan Bank Selects TCS BaNCS to Transform its Core Banking

May 23, 2024

Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has signed a deal to modernize the…

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FinTech

Riyad Capital launches fintech venture fund

May 23, 2024

Riyad Capital has announced the launch of the “1957 Ventures” fund, a closed-end investment fund backed by Riyad Bank to…

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Hedge Funds & Alternative Investments

ANB approves 33.33% capital hike to SAR 20B, 5M share buyback

May 22, 2024

Shareholders of Arab National Bank  approved the board's recommendation on raising capital by 33.33%, during the extraordinary general meeting (EGM)…

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