ABU DHABI: The Central Bank of the UAE (CBUAE) today announced an auction of Monetary Bills (M-Bills) on 30th September. The auction includes four issues of M-Bills Treasury bonds.
UAE: Etihad ‘working hard’ to be IPO-ready if shareholder decides to list, says CEO
The airline is improving transparency, governance and its balance sheet to be ready to go public if ADQ decides to do so …
Kenya close to agreeing $1.5 billion budget support loan from UAE – source
Kenya’s government is close to agreeing a $1.5 billion loan from the United Arab Emirates with an interest rate of 8.2% which will help bridge the East African nation’s financing gap, a source …
Banking giant Investec opens its Dubai office at DIFC
The new office of the international bank and well-known wealth management company is at Central Park Towers in DIFC …
UAE c.bank sees 4% GDP growth in 2024, state news agency reports
The United Arab Emirates central bank raised its forecast for 2024 GDP growth to 4% from a previous forecast of 3.9%, citing improvement in the oil sector’s performance, the state news agency (WAM) …
Investec opens office in Dubai’s financial centre
Investec opens Dubai office to access $3tn private wealth, offering banking and investment services in a rapidly growing …
UAE Central Bank revises up its 2024 GDP growth forecast to 4% on non-oil sector boost
The UAE Central Bank now expects the country’s economy to expand by 4 per cent this year, an increase from its June estimate of 3.9 per cent, on the back of a boost from its non-oil sector as the …
South African lender Investec opens office in Dubai’s financial centre
JOHANNESBURG (Reuters) -South African lender Investec has opened an office in the Dubai International Financial Centre (DIFC), it said on Wednesday, in a bid to access deep pools of wealth from …
Dubai hedge fund boom lifts UAE economy as region’s rich look to invest
Dubai International Financial Centre authorised 10 new hedge funds last year as rising millionaire population want to invest cash and grow wealth …
Dubai Islamic Bank champions Emirati talent and leadership at Ru’ya Careers UAE 2024
Ru’ya Careers UAE serves as an ideal platform for DIB to promote its array of job opportunities and innovative training programs, all designed to equip Emirati youth with the skills necessary for a …
Emirates Development Bank Underlines Commitment to Financing National Development and SME Growth
Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of economic development and industrial advancement in the UAE, highlighted its …
Investec extends footprint with Dubai International Financial Centre office launch
Investec Dubai International Financial Centre (DIFC) offers advisory and arranging services in private banking, wealth and investment management, and corporate and investment banking.
Curefoods in talks to raise $40 million in Series D round of funding, eyes IPO in 18 months
Cloud kitchen startup Curefoods is in talks to raise $40 million as part of its Series D round of funding, as it seeks to open more offline restaurants, acquire food brands and expand into newer …
Brookfield Raises $2.4 Billion for Its UAE-backed Fund
Canada’s Brookfield Asset Management has announced the initial closing of $2.4 billion for the UAE-backed Catalytic Transition Fund (CTF), part of a plan to raise up to $5 billion for investments in …
Brookfield Raises $2.4 Billion for Its UAE-backed Fund
Canada’s Brookfield Asset Management has announced the initial closing of $2.4 billion for the UAE-backed Catalytic Transition Fund (CTF), part of a plan to raise up to $5 billion for investments in …
The Ministry of Finance organises first dialogue with senior officials of National Companies Operating in the GCC
Discussing strategies to enhance economic and financial integration and create an attractive investment environment for companies …
Dreadful Dubai storm makes disaster films look like Saturday morning cartoons
There’s no better place than Dubai’ became more than just a cute social media slogan in April 2024; it became the prevailing thought in Mother Nature’s mind too. Shared by Polina, this jaw-dropping …