Category: FINANCE

Alieus Hedge Fund is pleased to announce that it now manages approximately $30 million in Assets Under Management (AUM). This milestone reflects the firm’s strong growth, investor confidence, and …

The Middle East and North Africa (MENA) region saw a notable surge in initial public offerings (IPOs) in 2024, with 54 listings raising a total of $12.6bn, according to the EY MENA IPO Eye Q4 2024 …

The UAE government has taken steps to move towards a fully digitized tax system by adopting E-Invoices. The E-invoicing process will be mandatory …

Abu Dhabi investment firm Lunate’s program will allow companies to transfer mandatory workers savings into six investment funds, a move that’s expected to benefit the country’s expat population.

Saudi-based buy-now-pay-later app Tabby is working with banks for an IPO, Bloomberg reported. The fintech unicorn is working with HSBC Holdings Plc, JPMorgan Chase & Co. and Morgan Stanley on the deal …

According to the EY MENA IPO Eye Q4 2024 report, MENA markets saw a total of 54 initial public offerings (IPOs) in 2024, raising $12.6bn in total. When compared to 2023, last year recorded a 12.5 per …

Saudi Arabia-based Tabby, one of the Middle East’s first fintech unicorns, has hired banks to help prepare for an eventual initial public offering, according to people familiar with the matter.

The ECN technology is poised to be a game changer in the region, enabling the introduction of new financial instruments on the platform.

Younis Haji AlKhoori, Under-Secretary of the Ministry of Finance, said that the Ministry of Finance is continuing its plans for bond issuances in UAE dirham to develop the local debt market by …

Middle East financial firms are investing heavily in quantum computing, with one of the world’s top quantum research centres in Abu Dhabi …

Grant Thornton UAE, one of the leading financial services companies, has announced the opening of its new office in Sharjah, in a step that represents a significant milestone in the company’s growth …

The Ninth Arab Fiscal Forum, jointly organised by the Ministry of Finance, the Arab Monetary Fund and the International Monetary Fund, kicked off on Monday …

Oman reported its largest IPO to date in Q4 with OQ Exploration & Production raising US$2.0b Saudi Arabia continued to dominate listings with 17 IPOs in Q4 2024 Dubai, UAE – According to the EY MENA …

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, said that Duba …

The Ministry of Finance is set to participate in the World Governments Summit (WGS) 2025, which will take place from 11th to 13th February in Dubai under the theme “Shaping Future Governments.”As part …

The past week in the world of finance was marked by significant developments in the cryptocurrency sector. From warnings against buying the dip in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and …

Abu Dhabi, UAE – The Ministry of Finance has announced the issuance of Cabinet Decision No. 142 of 2024 on the introduction of the Top-up Tax for Multinational Enterprises, providing further details …