S&P Global Ratings upgraded its long-term issuer credit rating to BBB+ from BBB, with a stable outlook, while Moody’s upgraded Emaar’s long-term issuer rating to Baa1 from Baa2, also with a stable …
EU plans to remove the UAE from its ‘high-risk’ money-laundering list
The European Union plans to remove the UAE from its list of countries that pose a high risk for money laundering, amid growing efforts by the Emirates to boost its regulatory framework. The European …
World Bank upgrades UAE growth forecast to 4.6% this year on non-oil boost
The World Bank has upgraded its growth forecast for the UAE to 4.6 per cent this year, up from its 4 per cent projection in January, on expanding non-oil activity and phase-out of the Opec+ oil …
Talabat doubles down on growth after IPO splash
CNBC went inside Middle East delivery giant Talabat, months after its public listing in Dubai. CEO Tomaso Rodriguez tells CNBC’s Dan Murphy about what he’s focusing on.
EU Plans to Delist UAE from Its Money-Laundering Risk List
The European Union is moving to drop the United Arab Emirates from its list of countries flagged for having weak systems against money laundering and terrorism financing.The decision, announced by the …
Circle (CRCL) IPO Soars, Sparks Talk of Crypto Public Listing Boom
Circle ( CRCL, Financials ), the issuer of USDC, saw its shares jump 245% in its debut weekan explosive public market entrance that could set off a wave of crypto IPOs, according to a new report from …
EU removes UAE from ‘high-risk’ money-laundering list
EU removes UAE from UAE from high-risk money-laundering risk as the country makes efforts to strengthen financial regulations …
Dh339 million in fines as UAE launches major money laundering crackdown
The UAE is aggressively combating financial crimes, imposing over Dh339 million in penalties on financial institutions for AML/CFT failures. The Central Bank of the UAE has been actively issuing …
World Bank raises UAE growth forecast for 2025 and 2026
The World Bank has raised its economic growth forecasts for the UAE for 2025 and 2026, citing robust expansion in both hydrocarbon and non-oil sectors. This growth is expected to offset the negative …
UAE: First finfluencers hail new licence, say will reduce misinformation
Regulating financial advice given on social media will help reduce misinformation, UAE’s first finfluencers said to Khaleej Times days after the Securities and Commodities Authority (SCA) licensed …
Ministry of Finance hosts awareness session for Emirati students in China on career opportunities in international financial organisations
The Ministry of Finance, in collaboration with the UAE Consulate General in Shanghai and the New Development Bank, organised an awareness session for Emirati students studying in China as part of the …
Circle’s Blockbuster IPO Signals Major Crypto Public Offering Wave, Bybit Analysis Shows
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, features Circle’s successful initial public offering (IPO) in the latest …
UAE Ministry of Finance hosts awareness session for Emirati students in China
Shanghai: The Ministry of Finance, in collaboration with the UAE Consulate General in Shanghai and the New Development Bank, organised an awareness session for Emirati students studying in China as …
Nasdaq Dubai welcomes listing of $500 million AT1 Sukuk by Sharjah Islamic Bank
Nasdaq Dubai today welcomed the listing of a US$500 million Additional Tier 1 (AT1) Sukuk issued by Sharjah Islamic Bank (SIB).The perpetual, non-call six-year AT1 Capital Certificates were issued by …
Sacheerome IPO booked 17 times on Day 2 so far, GMP points to 29% listing pop
The Rs 61.62 crore Sacheerome IPO consists entirely of a fresh issue of 60.41 lakh shares. Retail investors must apply for a minimum of 1,200 shares, translating to an investment of at least Rs …
Ajman Bank signs partnership with Azimut Group to offer investment advisory and opportunities to its clients
The agreement brings together Ajman Bank’s growing wealth platform with Azimut’s international investment expertise …
Nasdaq Dubai welcomes listing of $500mln AT1 sukuk by Sharjah Islamic Bank
Dubai: Nasdaq Dubai today welcomed the listing of a USD 500 million Additional Tier 1 (AT1) Sukuk issued by Sharjah Islamic Bank (“SIB” or “the Bank”).