Abu Dhabi Borouge rises in debut trading on ADX
Shares of Abu Dhabi-based petrochemicals company Borouge Plc, which listed on the Abu Dhabi Securities Exchange (ADX) on Friday, rose…
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Responding to inequality: The role of OIC nations and Islamic finance
Inequality across and within countries has grown. According to the UN’s World Social Report 2020, over 70% of the world’s…
GCC states can create 600,000 tech jobs, add $255bln to GDP by 2030
GCC countries have the potential to add $255 billion to the regional gross domestic product (GDP) and create 600,000 technology…
China In-Focus: Beijing asks state-owned policy banks for $120bn for infrastructure projects
Beijing is asking state-owned policy banks to help the economy recover by funding infrastructure projects. Also, China announced goals to…
Combating poverty has always been a top-priority objective in IsDB’s partnerships
The Islamic Development Bank Institute organized the 16th Islamic Development Bank Global Forum on Islamic Finance under the theme "Poverty…
UAE-Egypt consortium set to buy African renewables firm Lekela
A consortium of Abu Dhabi's Masdar and Egypt's Infinity Energy is set to buy a majority stake in Lekela Power…
Linklaters advises nogaholding on the largest ever sustainability-linked loan in Bahrain
Linklaters has advised Bahrain’s state oil company, The Oil and Gas Holding Company B.S.C. (c) (nogaholding), on its first sustainability-linked…
Corporate Tax In The UAE
Since the implementation of Corporate Tax (CT) into the UAE was announced on 31 January 2022, there has been much…
Wealthtech FinaMaze partners investment research firm Ned Davis Research
Pursuing its innovative path in the UAE asset management sector, FinaMaze has announced a partnership with global independent investment research…
Dubai Financial Services Authority Enacts New Regime for Credit Funds
The Dubai Financial Services Authority has implemented a new regime for credit funds, which comes into force on June 1,…
How the UAE, Egypt and Jordan industrial partnership will lift vital sectors
The industrial partnership between the UAE, Egypt and Jordan aims to foster regional economic integration, capitalise on competitive advantages, develop…
Senior Moves At JTC To Bolster Middle East And Caribbean Growth
JTC has announced that Naro Zimmerman will be assuming the role of Deputy Head of Caribbean – Private Client Services,…