Tag: banking

Manama: Gulf International Bank B.S.C. (GIB) today announced its partnership with World Climate Summit – The Investment COP 2023. The event, which is hosted by World Climate Foundation, will take …

DUBAI, July 10 (Reuters) – Qatar National Bank , the oil-rich Gulf’s biggest lender by assets, reported on Monday a 4% drop in second-quarter net profit to 3.7 billion riyals ($1.02 billion). QNB …

The Dubai International Financial Centre has signed a preliminary agreement with the Alternative Investment Management Association and welcomed five additional global hedge funds as it seeks to …

The Ministry of Finance (MoF) announced five major strategic transformational projects to support its ongoing endeavours to implement national priorities and improve government financial work with the …

The United Arab Emirates (UAE) could make investments of up to $30 billion (TL 783.28 billion) in multiple areas in Türkiye, a senior official …

Dubai’s average prices grew at the strongest pace since late 2014, increasing by 16.9% in the year through June 2023. This is up from the 15.9% growth registered a month earlier. Over this period, …

CEO Jack Inglis said: “The past year has seen many reports of alternative investment managers, including some of the industry’s largest names, opening offices in the UAE. AIMA h …

Dubai-based renewable energy developer AMEA Power has signed a $75 million equity funding from SoftBank Group Corp., a Japanese investment holding company. The company, which is eyeing an IPO, will …

The company brings a wealth of knowledge from various corners of the world, highlighting international expertise in the agricultural industry …

Network will provide end-to end card processing solutions to facilitate Aafaq’s transition to a digital-first approach, making financing fast, and convenient for its customers …

Dubai’s crypto regulator VARA said BitOasis hasn’t met “key conditions” within a certain timeframe for its operational license and subsequently suspended the firm’s license until it can meet the …

D ubai-based real estate developer Sobha Realty is set to raise $300 million through a debut sale of Islamic bonds, a bank document showed on Monday.

That number rises to 42 times for chemicals group Borouge’s $2 billion sale in May, 49 times for toll-road operator Salik’s $1 billion IPO in September, and 59 times for Saudi utility Marafiq’s $897 …

Dubai real estate market recorded 602 sales transactions worth AED1.86 billion, in addition to 104 mortgage deals of AED244.26 million, and 18 gift deals amounting to AED108.8 million on Monday, data …

The Dubai Financial Market (DFM) became one of the most active markets globally for initial public offerings (IPOs) and listings in 2022.

Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.

DUBAI: Dubai’s real estate market recorded 669 sales transactions worth AED2.91 billion on Thursday, in addition to 134 mortgage deals totalling AED268.19 million, and 89 gift deals amounting to …