HSBC is opening an asset management business in the UAE and launching 10 onshore funds, it said on Monday, as the bank deepens its investment in the region and taps into an influx of wealth into the …
Analysts upbeat on UAE banking outlook, raise liquidity concerns over Saudi
While Saudi Arabia’s momentum remains strong, the ‘GCC banks strategy’ report highlights factors weighing on the kingdom’s outlook, including rising fiscal deficits, project rationalisation, reducing …
HSBC is the first global asset manager to launch onshore funds in the UAE
Newly established Asset Management business launches 10 funds on Securities & Commodities Authority of the United Arab Emirates widening retail and institutional investor choices.
Wio Bank unveils first UAE bank account for content creators
Wio Bank unveils UAE bank account designed for content creators, offering digital, multi-currency tools to support global income growth …
Wio Bank launches first account for content creators in UAE
Wio Bank has launched the UAE’s first banking account designed specifically for content creators and digital entrepreneurs, offering tailored features to support income management, payments and …
Markaz: GCC IPOs raise USD 5.1 billion in 2025
Kuwait Financial Centre “Markaz” released its research report titled “Initial Public Offerings (IPO) in the GCC markets”, stating that the region has se …
GCC IPO fundraising drops to $5.1bn in 2025 as Saudi listings dominate
GCC IPO proceeds fell 61% in 2025 to $5.1bn, with Saudi Arabia accounting for 79% of funds raised, according to Markaz …
Dubai-Based DP World To Raise $3.5B With IPO
DP World, the Dubai-based owner of ports from Britain to China, plans to raise as much as $3.5 billion in the Middle East’s second-biggest initial share sale, two people with knowledge of the proposal …
Dubai Bank honoured by ACN
In a highly competitive field, Dubai Bank was honoured for the innovation of its customer relationship management, or CRM, project which has enhanced the products and services it offers to customers.
UAE rail plans revealed, Saudi markets open up and Dubai property holds firm – 10 things you missed this week
From UAE passenger rail and Saudi market reforms to Dubai property trends and GCC shifts, here are 10 essential stories this week …
Microsoft and Nvidia Anchor Lambda’s AI Cloud Growth Ahead of IPO
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) stock rose about 0.5% on Friday morning after Lambda, an AI cloud infrastructure provider, revealed plans to raise at least $350 million …
Filipina expat wins Dh30m Big Ticket, eyes first home in the UAE
A Filipina expat who just hit the Dh30 million Big Ticket jackpot isn’t rushing into flashy spending. Instead, she’s pressing pause, planning ahead, and putting UAE property at the top of her …
RAKBANK Receives UAE Central Bank Approval to Launch AED-Backed Stablecoin
RAKBANK receives in-principle approval from Central Bank of UAE to launch AED-backed stablecoin with 1:1 reserve backing structure …
RAK BANK gains preliminary approval for dirham-backed stablecoin
RAK BANK has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed stablecoin.
Dubai is going cashless in 2026: This is what it means for you
The Dubai Cashless Strategy aims to eventually make all transactions paperless, gradually switching to digital payment systems …
UAE’s Emirates NBD raises $1bln from blue and green bonds; orderbook over $2bln
The UAE’s Emirates NBD Bank, rated A1 (stable) by Moody’s / A+ (stable) by Fitch, has collectively raised $1 billion from its blue and green sustainability-linked bonds, with the orderbook in excess …
Why banking, and not company setup, is the real test for Indian SMEs entering the UAE
As Indian SMEs accelerate plans to expand into the UAE, banking and compliance have emerged as the real gatekeepers of market entry.