Commercial Bank International’s board greenlights up to $242.23mln capital raise
The board of Commercial Bank International agreed to increase its share capital by an amount of up to AED 889.10…
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Saudi Arabia’s NDMC closes June sukuk issuance at $667m
Saudi Arabia’s National Debt Management Center announced the closure of the riyal-denominated sukuk program issuance for June with the total…
Saudi Arabia collaborates with Kazakhstan to improve energy partnership
Saudi Arabia and Kazakhstan have agreed on a deal to establish a framework for cooperation in the energy sector, further…
Bahrain Bourse highlights investment opportunities in Bahrain’s capital market during the HSBC GCC London Conference 2023
Bahrain Bourse and Bahrain Clear actively participated in the highly anticipated HSBC GCC London Conference 2023, held from June 12th…
ACCA launches new tax certificate to bridge a looming talent gap as the UAE shifts to a tax economy
The Association of Chartered Certified Accountants has launched its new UAE Tax and Regulation certificate course. Supporting the UAE government’s…
Artificial intelligence offers vast opportunities, poses its share of risks: M3 Capital executive
Acknowledging the crucial role of artificial intelligence in all spheres of life, an industry expert has urged for the assessment…
Al Ahli Bank of Kuwait closes a 37-month $600mln Asian syndicated term loan facility
Al Ahli Bank of Kuwait , acting through its ABK DIFC branch which is regulated by Dubai Financial Services Authority,…
NymCard acquires Middle East BNPL firm Spotii
UAE’s NymCard has acquired buy-now, pay-later Spotii, a deal that paves the way for the fintech firm to offer its…
UAE seeks to bolster economic, investment ties with South Korea
The UAE and South Korea have explored ways to strengthen economic and investment cooperation to promote entrepreneurship and support small…
Dubai's residential rents slacken, but sales prices continue to grow
While rent increases showed signs of moderation in May 2023 in Dubai’s residential real estate sector, sales prices continued to…
Jersey Finance’s Dubai Funds Event Spotlights Jersey’s Strengths for Accessing International Capital
Jersey Finance’s An Kelles, Director – GCC and Elliot Refson, Head of Funds recently hosted an exclusive roundtable event in…
Fidelity International Names Head of Middle East and Africa
The investment management arm of Fidelity has appointed a new head of Middle East and Africa. Fidelity International appoints…