GymNation has experienced rapid growth, expanding from a single gym startup to become the leading gym operator in the UAE, with 12 gyms and over 60,000 members …
Abu Dhabi Commercial Bank starts selling AT1 bonds – document
The UAE’s third-largest lender Abu Dhabi Commercial Bank has given initial price guidance of around 8.625% for its perpetual non-call 5.5-year bonds, according to an arranging bank document seen by …
Dubai’s Al Ansari Financial Services subsidiary to launch digital wallet next year
Digital wallet will allow users to pay bills, receive salaries, carry out money remittances and access micro finance …
EFG Hermes Advises On $625M Sale Of 30% Of Eastern Company To UAE-Based Global Investment Holding
EFG Hermes, the leading investment bank in Frontier and Emerging Markets (FEM), announced Saturday that it successfully concluded its advisory role to UAE investment …
UAE green bond financing reaches $6.4bn ahead of COP28
Al Natoor highlighted the substantial growth of ESG (environmental, social, and governance) bonds in the UAE, reaching $6.4bn by the third quarter of 2023, representing a 41 percent increase from the …
UAE holds 19% of global sustainable bonds: Fitch
Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues in the region and steering investment …
Dubai’s crypto carousel: M2 takes the stage
As Dubai’s relentless summer sun dipped to a mere 35 degrees Celsius, the city’s crypto scene has been turning up the heat. However, there’s one new name hot on everyone’s lips this year – M2. ..
Iraq’s Central Bank enhances balances of 5 Iraqi banks in UAE dirham
The Central Bank of Iraq finished the arrangements for an agreement to enhance the balances of five Iraqi banks in the UAE dirham.
UAE employees willing to stay even if they don’t save, but earn enough to maintain lifestyle
Employees in the UAE are willing to make sacrifices in order to stay in the country even if they may not be able to save, but earn enough money that helps them to maintain their lifestyles.
Ministry of Finance hosts experts, discuss arbitration in investment disputes
The discussion revolved around issues faced by states, government officials, and investors with regards to their domestic and international investment relations …
Sharjah Islamic Bank has been awarded the “Impact Seal” award in the field of CSR
Sharjah Islamic Bank (SIB) announced the prestigious honor it received in … edition of the “World With Purpose” Summit 2023 organized by the (GHAYA), the UAE strategy consultancy, in partnership …
Al Noor Training Centre partners with Al Masraf Bank for Corporate Fitness Challenge
Al Noor Training Centre for Persons with Disabilities is thrilled to announce the launch of its very own “Al Noor- Al Masraf Bank 30 X 30 Corporate Challenge” scheduled to take place from November 14 …
Dubai’s Shuaa Capital to appoint former Credit Suisse banker as CEO
Fawad Tariq Khan, who was appointed as Group CEO of the Dubai-listed investment bank and asset manager in June 2022, will be replaced by Wafik Ben Mansour, who will be acting CEO, according to a Zawya …
Emirates Development Bank underscores commitment to growing UAE’s solar power market
Emirates Development Bank (EDB), the key financial engine of the UAE’s economic development and industrial advancement, underscored its commitment to driving the development and growth of solar power …
National Bank of Fujairah celebrates successful 7th NBF Fujairah Run despite inclement weather conditions
Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services corporate bank with strong corporate and commercial banking, treasury and trade finance expertise as well as an expanding …
EDB underscores commitment to growing UAE’s solar power market a WETEX and Dubai Solar Show
Ahmed Mohamed Al Naqbi, Chief Executive Officer of Emirates Development Bank, said: “WETEX and Dubai Solar Show present an indispensable platform to connect with key players and experts in the energy …
Heat on UAE to give COP28 ambitious edge we need
To meet climate goals, countries will have to get far more ambitious and quickly. Here’s what to look for at COP28.