Bank ABC, MENA’s international banking powerhouse headquartered in the Kingdom of Bahrain, has today announced the signing of a financing agreement with …
80% of Mastercard cards in the UAE to be sustainable by 2025 as part of a world-first Sustainable Cards Pledge
Dubai, UAE: Thanks to commitments from the UAE’s banks, 80% of Mastercard cards in the market issued from 2025 will be sustainable. This is the outcome of Mastercard’s UAE Sustainable Cards Pledge, an …
Dubai Unveils New Investment Fund With Billions in Assets
“The fund will focus on investments in stocks, bonds, and securities to achieve sustainable returns and can explore prospects in local or international financial markets,” WAM said. Dubai Deputy Ruler …
UAE green bonds, sukuk issuance hit Dhs15bn, says SCA
The UAE has been encouraging issuers to raise green and sustainability-linked bonds, and sukuk to accelerate its transition to low-carbon economy.
Hong Kong’s Archireef partners with First Abu Dhabi Bank to restore marine ecosystems in the Middle East
Hong Kong marine tech start-up Archireef will partner with the Middle East’s biggest bank, First Abu Dhabi Bank (FAB), to deploy terracotta tiles that will help restore the degraded reef ecosystem off …
Dubai Sets Up New Fund to Hold Assets Worth Billions of Dollars
Dubai has set up a new fund to drive investments in strategically important projects and said the entity will house government-owned assets valued at billions of dollars.
Netanyahu said to tell MKs that Saudis, UAE will foot bill of Gaza reconstruction
PM makes claim despite Arab nations’ insistence they won’t participate in day-after planning that doesn’t lead to PA’s return to Strip and promotion of two states, which he opposes The post Netanyahu …
Dubai sets up fund to oversee government investments
Dubai’s fund will hold stakes in entities including utility giant Dubai Electricity and Water Authority, toll operator Salik and Dubai Taxi Company.
Dubai sets up Dubai Investment Fund to boost financial stability
Dubai will transfer shares it owns in Dubai Electricity and Water Authority, toll-road operator Salik and Dubai Taxi to a new investment fund that will aim to generate returns and bolster the …
Sheikh Mohammed forms Dubai Investment Fund to oversee government investments
Abdulrahman Saleh Al Saleh will serve as Vice Chairman of the Board, with Abdulaziz Mohammed Al Mulla, Rashid Ali Bin Obood, and Ahmad Ali Meftah as members.
Dubai’s ruler issues law to establish Dubai Investment Fund
Dubai’s government will transfer its ownership in shares of Dubai Electricity and Water Authority (DEWA), toll-road operator Salik and Dubai Taxi to a new investment fund, Dubai Media Office reported …
Accenture to drive Commercial Bank of Dubai’s technology transformation in Middle East
DUBAI, UAE – Accenture (NYSE: ACN) has signed a strategic agreement with the Commercial Bank of Dubai (CBD) to drive its technology transformation program and further enhance its market-leading …
Banking On Sustainability: Visa Reveals UAE Consumers Seek Banks’ Help In Understanding Environmental Impact Of Spending
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Ellington, DMCC launch upscale residential project in Dubai
The unveiling of Mercer House, the second signature development of Ellington Properties, marks another chapter in its acclaimed collaboration with DMCC …
Ellington Properties and DMCC collaborate again to take Uptown Dubai living experience to new heights with the launch of Mercer House
Mercer House represents Ellington Properties’ second residential development in Uptown Dubai, following the resounding success of UH by Ellington …
Allen & Overy Advises on Aster Acquisition and Dubai Taxi IPO
Baker McKenzie advised Aster DM Healthcare on the separation and the sale of its GCC healthcare business to Alpha GCC Holdings, which is owned by the promoter group of Aster India and funds managed by …
DMCC welcomes latest upscale residential project in Uptown Dubai – ‘Mercer House’ by Ellington Properties
Mercer House in Uptown Dubai is the second major development between DMCC and Ellington Properties in the past year, following the resounding success of UH by Ellington in JLT …