Tag: banking

Demand for e-commerce transactions has increased across the globe, with global cross-border payment flows also projected to exceed $250 trillion by 2027 …

With funding from HSBC Bank Middle East, the project is a partnership between … The new study, titled “Coastal lagoons: essential ecosystems to scale up Nature-based Solutions in the UAE,” reveals …

The final allocation of the 10-year bonds by investor type was 56 per cent to fund managers, 40 per cent to banks and private banks, 1 percent to pension funds and insurance, 1 percent to central …

DUBAI, June 26 (Reuters) – Saudi Arabia’s Fourth Milling Company … Allana International and United Feed Manufacturing Company for 859 million riyals ($229 million). MC4’s IPO would add to a string …

The Ministry of Finance, has successfully closed its offering of a US dollar … The bond will be listed on the London Stock Exchange (LSE) and Nasdaq Dubai. The bond issue attracted high-quality …

The Ministry of Finance, has successfully closed its offering of a US dollar … The bond will be listed on the London Stock Exchange (LSE) and Nasdaq Dubai. The bond issue attracted high-quality …

The meeting was held in the presence of Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and Sheikh Ahmed Bin Mohammed Bin …

Dubai International Financial Centre (DIFC) has launched the Sustainable Finance Catalyst to mark COP28’s Finance Day. The initiative aims to grow sustainable finance raised from Dubai to $100bn by …

The report also criticized Dubai’s financial secrecy, suggesting it has become a haven for questionable funds. In response to these allegations, Asaga dismissed the claims, describing them as a …

The United Arab Emirates (UAE) successfully issued 10-year international bonds worth USD1.5 billion, marking its first sale since last September. Thi …

Investors should know by now that the IPO is just the beginning of the journey for investing. The UAE capital markets are in the process of a shape-shifting trajectory. One that will surely go through …

The UAE’s Ministry of Finance announced the approval of the Public-Private Partnership (PPP) manual by the UAE Cabinet. This manual is designed to foster a robust framework for federal government …

The UAE Ministry of Finance today announced the UAE Cabinet’s approval of the Public-Private Partnership Manual. The manual aims to develop a policy and procedural framework to enable federal …

UAE’s banking sector, a catalyst for sustained growth, has seen its total assets exceed AED4.25 trillion ($1.16 trillion) at the end of the first quarter (Q1) of 2024, the CEOs Advisory Council of UAE …

SEC Chair Gensler and the US stance on crypto contrasts significantly with other jurisdictions. This week, VARA of the Dubai Financial Authority approved XRP, another win for Ripple on the global …

Still, the Gulf region is often perceived as having done little to combat illicit financial flows. Inflow of Russian wealth into the UAE since 2022 has raised concerns that it acts as a haven for …

Downtown Dubai, Jumeirah Village Circle, Dubai Marina, Jumeirah Lake Towers, and Jumeirah Beach Residence were the top areas for apartment mortgages. Dubai’s mortgage sector reached a 14-month peak in …