The bilateral trade between UAE and China will continue to surge in the coming years as a result of the strong economic relations between the two countries, despite a temporary setback caused by the …
( read original story …)
Islamic Finance is anticipated to show growth by 2026 | Citibank ,HSBC Bank ,Dubai Islamic Bank ,Nasser Social Bank
Advance Market Analytics published a new research publication on “ Islamic Finance Market Insights, to 2026 ” with 232 pages and enriched with self-explained Tables and charts in presentable format.
( read original story …)
Alpha Dhabi plans IPO; set for ADX listing with $2.2bn capital
International Holding Company (IHC) said one of its subsidiaries, Alpha Dhabi Holding, has announced plans to proceed with an initial public offering and also list its ordinary shares on the Abu Dhabi …
( read original story …)
IHC subsidiary plans IPO after Aldar Properties investment deal
Alpha Dhabi Holding, which acquired 12.5% Aldar stake in March, plans to list shares on Abu Dhabi Securities Exchange on Sunday …
( read original story …)
Rivals see ‘fierce’ competition as UAE digital bank Zand prepares for launch
Zand plans to be the first fully independent digital bank in the UAE, with a remit to service both retail and corporate customers.
( read original story …)
Saudi Arabia’s Bank AlJazira to raise $500 mln via Islamic bond sale
Bank AlJazira 1020.SE is expected to raise $500 million on Thursday via an Islamic bond sale, a document showed on Thursday. The bond or sukuk will price in the range of 3.95% to 4.05%, tighter than …
( read original story …)
UAE: De-jargonising hard-to-understand financial news and concepts to an average reader
Dubai: The terms that you come across when watching financial news can often get confusing. The usage of words and the sheer amount of jargon that is used, makes it difficult to understand for the …
( read original story …)
‘More resilient, scalable platform’: Centurion Group acquires UAE-based services player
Aberdeen-headquartered Centurion Group has acquired Specialist Services, a company based in the United Arab Emirates that provides modular buildings, production equipment and other technical services.
( read original story …)
Democratising investments: Aqarchain set to launch UAE crowdfunding, tokenisation platform
The blockchain platform, the first of its kind in the GCC, aims to make investing in property a mass market product …
( read original story …)
UAE: New security regime over movable assets creates further transparency
Jirayr Habibian of Matouk Bassiouny assesses the key takeaways from the executive regulations implemented for the new movable pledge law in the UAE …
( read original story …)
6 Africans on trial for snatching Dhs190,000 from Dubai bank customer
An African gang of eight members was arrested and prosecuted by the Dubai Public Prosecution on robbery charges. The gang had mugged an Asian bank customer of Dhs190,000 in Dubai.
( read original story …)
First Mideast Bitcoin Fund Lists On Nasdaq Dubai Exchange
The Bitcoin Fund has become the first bitcoin investment fund to trade in the Middle East after being listed on the Nasdaq Dubai exchange. The Bitcoin Fund, a Canadian, closed-end bitcoin investment …
( read original story …)
UAE central bank revises life and investment selling rules
Giving rise to concerns that it could push more IFAs out of an ‘already bleeding market’ #dubai #islamicfinance #uae …
( read original story …)
UAE Gender Balance Council highlights global, regional achievements
The UAE was ranked first across the Arab world in in the World Economic Forum Global Gender Gap Report for the year 2021.
( read original story …)
UAE Aqarchain crowdfunding and tokenization platform built on Tezos to launch soon
UAE based Aqarchain; regulated by the Dubai Finance Services Authority (DFSA) in DIFC (Dubai International Financial Center), the leading operator of a real-estate crowdfunding portal, will soon be …
( read original story …)
Dubai regulator imposes restrictions on private bank
The Dubai Financial Services Authority (DFSA) has prohibited FFA Private Bank (Dubai) from receiving, arranging or executing orders from or on behalf of “specific clients”. This is “due to concerns …
( read original story …)
Kuwait Finance House gives initial guidance for AT1 sukuk – document
KFH Capital, Standard Chartered, Boubyan Bank, Dubai Islamic Bank, Dukhan Bank, Emirates NBD Capital, First Abu Dhabi Bank and Mizuho Securities are arranging the deal …
( read original story …)