All Articles

Hedge Funds & Alternative Investments

Abu Dhabi's Mubadala signs deals to acquire over 90% of Fortress equity from SoftBank

May 23, 2023

Abu Dhabi's Mubadala Investment Co., has signed "definitive agreements" to acquire 90.01% of the equity of Fortress Investment Group from…

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Environment and Sustainable Investments

NEOM firm exploring ‘uncharted territory’ to make world’s largest green hydrogen plant a reality: CEO

May 23, 2023

In a move to help Saudi Arabia achieve its sustainability goals, NEOM Green Hydrogen Co. is breaking new ground in…

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Tax

UAE Corporate Tax: New update offers wide scope on investments made by individuals doing business

May 23, 2023

Since the announcement of UAE Corporate Tax on January 31, 2022, it has been a gradual realisation that this is…

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Hedge Funds & Alternative Investments

Middle East can drive sustainable change through ‘Transition Investment’ Strategy: NYUAD report

May 23, 2023

UAE institutional investors should focus on transition investment as a new philosophy to further the United Nations Social Development Goals,…

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Regulation, Risk & Compliance

3-year UAE work permit plan: FNC approves proposal

May 23, 2023

The Federal National Council — the UAE’s parliamentary body — has approved extending the duration of work permits from two…

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Retail Banking

Dubai’s debt burden to drop to 51% in 2023, says S&P Global

May 23, 2023

Dubai’s government debt load will decline as a share of GDP in 2023, S&P Global said in a report, citing…

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Hedge Funds & Alternative Investments

ADNOC raises size of its logistics unit IPO on heavy demand

May 23, 2023

ADNOC Group has raised the size of its logistics unit’s initial public offering (IPO) to 19 per cent due to…

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Environment and Sustainable Investments

UAE has repeatedly shown climate leadership, says OPEC Secretary General

May 23, 2023

OPEC Secretary General, Haitham Al Ghais, stressed that the UAE has repeatedly shown climate leadership, particularly through its ‘Net Zero…

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Uncategorized

Mashreq Gears Up for a Far More Competitive and Dynamic UAE Wealth Market

May 23, 2023

When Hubbis met with Vipul Kapur, Head of Private Banking and Investment Products at Mashreq since 2017, he did not…

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Awards and Recognition

QNB named ‘Best CSR Bank’

May 22, 2023

QNB Group, the largest financial institution in the in the Middle East and Africa, was announced as “the best bank…

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Retail Banking

Egyptians Can Now Open Bank Accounts without a Minimum Deposit

May 22, 2023

The Central Bank of Egypt will now allow individuals to open an account without the prerequisite of a minimum deposit…

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Islamic Finance

Total assets of Islamic banks and windows rise by 10%

May 22, 2023

The total assets of Oman's Islamic banks and windows combined increased by 10 percent to about OMR6.6 billion at the…

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