Banking & Finance
Diverse asset portfolio and long-term strategy drive 23 percent YoY profit increase
The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion
This investment is the single largest investment in a crypto company and the largest investment ever paid in stablecoin
New RHQ will enhance operations and services across the Middle East
The rise in interbank liabilities accounted for 55 percent of Saudi banks' external debt increase
Primary market dollar issuance shows promise despite recent quietness in the GCC region
Gate Dubai is accelerating the expansion of its local team and preparing for its official launch
Corporate customers can now make instant payments for MoHRE services through the new wallet
Revenues rose by 75 percent YoY compared to the same period in 2024
Bank's total assets grew 6 percent, crossing the AED 1.3 trillion milestone for the first time
The stablecoin will be regulated by the Central Bank of the UAE, enhancing payment ease
Sukuk issuance priced at 60 basis points over U.S. Treasuries attracted robust investor interest
CBE allows local and foreign institutions to subscribe to T-bills, starting at a minimum of $100,000
Commitment aims to accelerate the recovery of Syria’s economy and development
Revenues reached $5.12 billion with an increase of 1.60 percent
The bank successfully priced the $500 million sukuk at a fixed profit rate of 5.125 percent
New law allows regulators to access ten years of banking records to combat corruption
Mubadala, through its asset management subsidiary Mubadala Capital, holds a significant stake in Fortress
CEO noted significant market fluctuations affected investor sentiment and fund performance
Emerging markets like Azerbaijan and Tajikistan showed remarkable spending growth among UAE travelers
Auction attracted robust demand from eight primary dealers across both tranches maturing in May 2027 and September 2029
Finance Minister Yassine Jaber announced loan details after meeting World Bank Vice President Osama Weden
Canada is a key auto exporter to the U.S. with integrated supply chains under USMCA
