Dubai Investments is planning an initial public offering of its Dubai Investments Park real estate business, it said on Wednesday, as more companies pursue public listings amid a real estate boom in …
UAE banks step up debt issuance as GCC financing hits record levels
Saudi banks have been the most active, raising $28.3 billion so far, while UAE lenders follow with $11 billion. Qatari and Kuwaiti banks issued $8 billion and $7 billion respectively. Excluding …
QNB Group, Standard Chartered and DMZ Finance launch DIFC’s first tokenised money market fund
QCD Money Market Fund demonstrates comprehensive advantages in authority, compliance, security, liquidity and market positioning …
Cheaper UAE loans soon as Central Bank lowers rate
Borrowing costs in the UAE are set to come down as the Central Bank on Wednesday lowered its interest rates. In a statement, the UAE Central Bank said that the base rates applicable to the overnight …
UAE Central Bank lowers key benchmark rate to 4.15 per cent
The Central Bank of the UAE on Wednesday lowered its key benchmark rate to 4.15 per cent. In a statement, the UAE Central Bank said that the base rates applicable to the overnight deposit facility has …
UAE: HSBC sets up shop in Dubai with region’s first wealth centre to court surge of wealthy clients
HSBC has opened its first wealth centre in Dubai, catering to high-net-worth clients in the UAE as the region becomes a global hub for wealth management. This strategic move is designed to support the …
MEBIS 2025 day one: From next-gen banking to AI transformation, leaders chart the future of finance
“Day One at MEBIS 2025 reflected both urgency and optimism,” said Shail Bisht, Regional Director at Expotrade, the organizer of MEBIS 2025. “From AI use cases to digital strategy, the discussions made …
QNB Group, Standard Chartered and DMZ Finance Launch Dubai International Financial Centre’s First Tokenized Money Market Fund
QNB Group , Standard Chartered and DMZ Finance jointly announced that the Dubai International Financial Centre’s (DIFC) first regulated tokenized money market fund, the QCD Money Market Fund (units in …
UBF commences preparations to host Sibos 2029 in Dubai
UAE Banks Federation (UBF) has commenced preparations to host to host Sibos 2029, the annual conference, exhibition, and networking event organised by the Society for Worldwide Interbank Financial …
UAE: Demand for upskilling for sustainability is growing in GCC, say experts
Demand for upskilling professionals is growing from the UAE and regional companies in the field of sustainability as organisations have to source talent from abroad, industry executives said at a …
PM launches Mashreq Digital Bank in Pakistan
AM …
UAE’s Emirates Islamic Bank prices $500mln 5-year sustainability-linked sukuk
Emirates Islamic Bank (EIB), rated A+ (stable) by Fitch, has priced its $500 million, long five-year benchmark Reg S senior unsecured sustainability-linked sukuk on par, with a 4.54% profit rate …
Mashreq announces commercial launch of full services digital retail bank in presence of Prime Minister of Pakistan
This marks the first full-scale international deployment of Mashreq’s award-winning digital banking platform outside the UAE and a pivotal milestone in Pakistan’s digital banking journey …
Steady momentum, strategic shifts: Inside EMEA’s sustainable finance landscape
In this interview with Gulf Business, Lina Abou Diab, EMEA Sustainable Fixed Income & Middle East Securities Lead at Bloomberg LP, breaks down the latest trends in sustainable finance.
MNT-Halan’s Halan UAE partners with lean technologies to expand credit access in the GCC
MNT-Halan operates in Turkey through Tam Finans, the country’s leading commercial finance company with a factoring license issued by the BRSA, owns Halan Microfinance Bank, a licensed microfinance …
HSBC targets UAE’s rising affluent class with region’s first wealth centre
HSBC has unveiled its first wealth centre in the Middle East, choosing Dubai as the location for the flagship facility as the bank sharpens its focus on the UAE’s rapidly expanding affluent and …
UAE’s M2 pivots to digital asset wealth management
M2 has partnerships with Sui, Ethena, Polygon, Haruko, FireBlocks, NiceHash, and FearsOff. The exchange’s advanced cybersecurity and enhanced operating model enables the provision of regulated custody …