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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Masdar plans first green bonds sale ‘within weeks’
The United Arab Emirates’ clean energy producer Masdar aims to sell its first-ever green bonds in June to help fund…
UAE’s Mashreq Bank is all set for an AI-enabled chatbot
UAE’s Mashreq Bank is busy adding AI into its operations – AI of the ‘good’ kind. An AI-enabled chatbot…
UAE will see the world's second biggest influx of millionaires in 2023
Almost 4,500 millionaires are expected to relocate to the UAE in 2023, making it the world's second most popular country…
Bank of China to start operations in Riyadh this year, says official
In yet another sign of increasing cooperation between the world’s second-largest economy and the Arab world, the Bank of China…
Goldman Lampe Private Bank Named Best Global Wealth Management Solutions Provider 2023 by MEA Markets UAE Business Awards
Goldman Lampe Private Bank has announced its recognition as the Best Global Wealth Management Solutions Provider 2023 by MEA Markets…
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…
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…
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…
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…
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…
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,…