ICBC Dubai mandates banks for USD 3-year green bond, 3-year RMB bond sale
Industrial and Commercial Bank of China Limited (ICBC), Dubai (DIFC), rated A1 (Stable) by Moody’s and A (Stable) by S&P,…
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Dubai Islamic Bank issues $1 billion Additional Tier 1 perpetual non-call 6-year Sukuk
DIB, rated A3 by Moody’s and A by Fitch, the world's first Islamic bank and the largest in the UAE,…
Egypt’s largest bank takes stake in fintech unicorn MNT-Halan, lifting valuation to $1.4 billion
Egypt’s largest bank has taken an ownership stake in fintech unicorn MNT-Halan, marking a significant shift in the relationship between…
Central Bank warns of potential salary budget shortfall in 2026
The Central Bank of Libya has warned that the continued rise in salary expenditures could result in a shortfall in…
Closing Bell: Saudi main market up to 11,115 points with $2bn in trade value
Saudi Arabia’s benchmark Tadawul All Share Index rose 142.29 points, or 1.30 percent, on Tuesday to close at 11,115.37. …
Why UAE residents shouldn't expect interest rates to be cut next week
Hopes for lower borrowing costs have taken another hit after a surprisingly strong US jobs report reduced expectations that the…
Qatar Central Bank announces changes to 5, 10, 50 riyal banknotes
The Qatar Central Bank (QCB) has announced changes to the fifth series of the 5, 10, and 50 riyal denominations,…
KPMG and INSEAD launch global AI Board Governance Principles as AI reshapes board oversight
KPMG International has launched a set of AI Governance Principles for Boards, developed in collaboration with the INSEAD Corporate Governance…
Investor onboarding in the Middle East and Asia: where KYC creates friction between privacy and compliance
Investor onboarding is often the first point at which a promising relationship can start to break down. For family offices,…
Mashreq partners Neovision Wealth for private markets platform
Mashreq Private Bank has partnered with fund and investment advisory firm Neovision Wealth Management, as well as Red Lions Capital…
Quilter Cheviot expands Andrew Fahy’s role with international remit
Quilter Cheviot has announced Andrew Fahy will take on strategic responsibility for the international business. Currently Chief Executive Officer…
Dubai Insurance ranked 10th globally and 2nd in the Arab world in TIME's Global Growth Leaders 2026 ranking
Dubai Insurance has secured the 10th position globally and ranked 2nd in the Arab world in the inaugural TIME Global…