Islamic banking

First phase focused on integrating the Bloomberg Auction System to enhance the local currency debt issuance process and workflows

Food delivery firm Talabat raised $2 billion in its stock market debut, the largest IPO in the MENA region during 2024

Bonds fund governments by repaying principal and interest; tawarruq converts debts into tradable securities

In seven years, the UAE plans to double FDI to $354 billion and triple the FDI balance to $599 billion

The global Islamic finance industry is witnessing remarkable growth, with total assets reaching $3.3 trillion by the end of 2023

Final share price has been set at AED1.60, valuing the company at around AED37.3 billion ($10.1 billion)
