Category: FINANCE

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, headed the UAE delegation participating in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in 2023. Held …

The UAE expects its non-oil GDP to grow by 4.2 per cent this year, Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said in Bengaluru..

The round of financing saw almost 25 percent of Apical’s funds coming from notable Middle Eastern banks Dubai attracts sustainable finance deals as Apical raises $787mn from MENA, global banks …

UAE Cabinet issues resolution identifying individuals and entity on Local Terrorist List UAE updates national terrorism list, 3 individuals and 1 entity added Counter-terrorism, terrorism, UAE, UAE ca …

ABU DHABI, 24th February, 2023 (WAM) — The UAE reaffirms its strong commitment and ongoing efforts in relation to anti-money laundering and c …

Stock markets in the United Arab Emirates closed higher on Friday, tracking crude prices as the prospects of lower exports from Russia heightened investors’ risk sentiment.

The central bank of the United Arab Emirates is studying available options regarding the new status of Russia’s MTS bank which it licensed to operate in the Gulf country last year, a state news agency …

The US Treasury sanctioned a Russian bank with ties to the United Arab Emirates, signaling to allies that it will start cracking down on sanctions evasion as the war in Ukraine enters its second year.

This has been fully covered, making it the biggest IPO in the UAE this year. The IPO also attracted cornerstone investments from several funds, including Alpha Dhabi and International Holding Co., as …

A five-year dollar-denominated senior unsecured bond would follow, subject to market conditions, it said DUBAI – Bank of Sharjah hired banks to arrange a series of fixed income investor meetings ahead …

State oil giant Abu Dhabi National Oil Co (ADNOC) said on Thursday it has set a price range for an initial public offering (IPO) of its gas unit that could raise up to $2 billion and give ADNOC Gas an …

State oil giant Abu Dhabi National Oil Co (Adnoc) said on Thursday it has set a price range for an initial public offering (ipo) of its gas unit tha …

State-owned UAE energy firm ADNOC Gas announced a price range on Thursday for an initial public offering it hopes will raise $2 billion, in what would be this year’s biggest share flotation so far.

The Emirates Red Crescent and the partnering UAE humanitarian and charitable organisations are directly collecting donations in cash and in kind over the course of two weeks. Those interested can send …

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The shareholders of Dubai’s Mashreq have approved a recommendation to distribute a cash dividend worth 1.8 billion UAE Dirhams ($490 million) for the financial year ended December 31, 2022 The lender …

Dubai continues to solidify its position as a global trading … 25 percent of the funds coming from notable Middle Eastern banks, including the National Bank of Kuwait (NBK), the First Abu Dhabi Bank …