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A 4.6x oversubscription on $299.4 million issued
UAE's real GDP grew 3.6 percent, driven by rise in the non-oil sector, particularly in tourism, real estate, and finance
Urgency of climate action demands that countries prioritize climate-resilient infrastructure while unlocking the potential of private capital
This amount reflects a notable increase of AED91,728,008 ($25 million) compared to the same month in 2023
The meeting further addressed Dubai's infrastructure upgrades, reinforcing its role as an investment hub and trade link
This increase was primarily driven by significant rises in property and liability insurance premiums
Growth in 2025 will be fueled by strong non-hydrocarbon momentum and a rise in hydrocarbon production
Bank seeks to provide financing worth AED30 billion by 2026 to support 13,500 companies
The DIFC office will connect HNWIs, family offices, and financial institutions in the GCC, providing advisory services in private banking and wealth management.
The deal will drive growth in Ooredoo’s data center unit and open new opportunities in AI and cloud computing
Qatar’s debt capital market reached about $130 billion outstanding at the end of H1 of 2024 with sukuk at 10 percent
The 2024 edition will feature over 300 speakers, including CEOs and Chairs from 50 major global financial institutions
Facility launched in July and was successfully subscribed by seven leading institutions from the Gulf region
The deadline for dividend entitlement is September 26, 2024, with the ex-dividend date on September 27, 2024
This initiative allows eligible citizens to secure extra financing on their AED1.75 million loans for better housing
ADNOC Distribution to pay the second and final dividend for 2024 in April 2025
The transaction values NEOPAY at approximately $385 million, pending regulatory approvals
The programs saw the issuance of treasury bonds worth $3.05 billion and Islamic sukuk worth $3.76 billion
The two new lending facilities also extend debt maturity to 2026 and beyond
Of this total, 94 percent was for cash dividends and 6 percent for bonus shares
Safaricom and Mastercard are working together to foster innovation and financial inclusion within Kenya’s evolving digital landscape
The Fed attributed this move to recent indicators that suggested that economic activity continued to expand at a solid pace
DP World Trade Finance implemented a supply chain finance program on its platform, with Nedbank CIB as the financer
The agreement clarifies roles for smooth transition of Al Reem Island Real Estate from DMT to ADGM
