05/25/2022
Arada Developments hires banks for debut dollar sukuk
They are joined by Abu Dhabi Commercial Bank
Alternative Investments
05/23/2022
DIG acquires Infinity and invades the real estate market with mega projects
Infinity owns commercial projects in the New Administrative Capital
05/23/2022
SICO advises on fixed income investment strategies amid current market conditions
US Treasury yields surged by an average of 160 basis points this year, with market participants pricing in as much as 8.5 rate hikes for 2022, according to Fed Fund Futures.
05/23/2022
Star Tech: Wellx – UAE's first-of-its kind insurance platform
The company uses cutting-edge data analytics tools to hyper-personalise the wellness experience for individuals, families, and corporate entities
05/23/2022
With higher interest rates, UAE banks are headed for pre-pandemic profitability
UAE banking sector packs some heavy buffers in year-to-date
05/20/2022
ADX and BHB discuss high-level strategic partnership in Abu Dhabi
ADX and BHB take steps to unlock opportunities, bolster bilateral cooperation on key issues and common concerns
05/20/2022
Abu Dhabi Securities Exchange and Bahrain Bourse talk over strategic partnership plans
The two stock exchanges met this week about achieving greater cross-border cooperation
05/19/2022
The BIBF and Bahrain Bourse launch a series of webinars under the investment academy
Spreading awareness about the importance of the financial and investment culture
05/18/2022
Dubai: New project launches surpass pre-pandemic level in first quarter of 2022
Dubai: New project launches surpass pre-pandemic level in first quarter of 2022
05/18/2022
Sovereign Group acquires PRO Partner Group to further expand its GCC footprint
The new partnership brings wider global market access to the Middle East
05/18/2022
Abu Dhabi’s IHC completes $2bn investment deal with Adani Group
Company is investing in three of Indian business conglomerate's green-focused companies
05/17/2022
Qatar: Insurance sector in good stead in 1Q2022
The net premium of Islamic insurance and foreign branches grew faster than the total net premium income of the overall insurance industry
05/17/2022
Amethis, EBRD and SPE Capital acquire GlobalCorp
The investment in GlobalCorp will include a primary capital investment to scale up the company’s portfolio and expand into new business segments.
05/13/2022
Top Abu Dhabi Wealth Fund Closes Latin America Equities Team
Eduardo Favrin led Latam team, which employed seven managers
05/13/2022
UAE lists first dirham-denominated treasury bond on Nasdaq Dubai
The Dh1.5bn T-bond listing increases the value of domestic and international fixed income listings on the exchange to $102bn
05/13/2022
Tradewind Finance announces US$ 1bln in funding globally
According to the spokesperson, the extension of liquidity by the cash flow management firm continues to be instrumental in helping exporters to scale up their pursuit of much-needed growth
05/13/2022
UAE Banks to Benefit from High Oil Prices, Rate Rises
Fitch expects real GDP growth of 6.3% in 2022 and 3.8% in 2023, while the non-oil economy should grow by 4.5% in 2022 and 3.3% in 2023.
05/12/2022
Dubai's prime residential properties have seen a price-surge of nearly 60% in 12 months
Emirate has also seen record-breaking 93 ‘ultra-prime home’ sales in 2021
05/12/2022
Saudi Aramco becomes world's most valuable stock as Apple drops
Role reversal underscores the power of major forces coursing through the global economy
05/12/2022
Dubai’s Aramex eyes new acquisitions as it posts small Q1 net profit growth
Looking to explore synergies with strategic shareholders, says CEO