At roughly $5 billion, today’s Arm Holdings IPO is expected to be the biggest initial public offering of 2023. It gives the chip designer a market value of …
UAE police say they have seized $1 billion worth of Captagon amphetamines hidden in doors
DUBAI, United Arab Emirates (AP … They say that has given Assad’s rule a massive financial lifeline at a time when the Syrian economy is crumbling. The Syrian government and Hezbollah deny the …
The future of mobile banking in the UAE
The future of banking in the UAE depends heavily on mobile banking developments as much as it relies on customers’ demand preferences. This article discusses the future mobile banking trends in the …
PIF-backed oil and gas driller ADES prices IPO at top of range
Oil and gas driller ADES Holding is expected to price its initial public offering (IPO) at the top of a range announced this week, one of the banks on the deal said on Thursday.
Saudi-backed oil and gas driller ADES expected to price IPO at top of range
Oil and gas driller ADES Holding is expected to price its initial public offering (IPO) at the top of a range announced this week, one of the banks on the deal said on Thursday.
Dubai’s Emirates NBD invests in Türkiye’s climate fintech
Dubai’s top lender, Emirates NBD, has invested in Türkiye’s Erguvan, a climate and financial technology venture aimed at providing financial institutions and corporations with digital infrastructure …
UAE stands as a beacon of accountability and justice
The country’s balanced approach and commitment to upholding financial obligations and safeguarding economic integrity is unwavering …
Hedge Fund Walleye Hires Energy Traders, Plans Dubai Office
Multi-strategy hedge fund Walleye Capital has made a string of hires to bulk up its energy trading capabilities and plans to open an office in Dubai as part of an ongoing expansion.
Seven ways UAE workers can invest end-of-service benefits for retirement
The recent introduction of an optional savings retirement plan that allows employees in the UAE’s private and free zone sectors to invest their end-of-service benefits to build long-term wealth is the …
UAE, Saudi Arabia represent nearly 30% of the financial wealth in the Middle East and Africa
Buoyed by equities and investment funds, which made up the largest asset class at 58% of total personal wealth in 2022, the UAE represented 13.2% of the region’s financial wealth last year, growing at …
UAE envoy: De facto West Bank annexation unfolding, but our ability to stop it wanes
Israeli commitment not to enact its sovereignty over settlements in exchange for normalization with Abu Dhabi only extends until 2024, Yousef al-Otaiba says …
Desmarais’ Sagard Joins Middle East Rush With Abu Dhabi Office
Alternative asset manager Sagard Holdings is opening an office in the United Arab Emirates’ capital of Abu Dhabi, the latest international investment firm to set up in the oil-rich Gulf.
Financial Regulatory Landscape In The United Arab Emirates.
As Reglex expands our Enforcement Database offering to include the Abu Dhabi Global Market (ADGM), we invite you to explore the United Arab Emirates (UAE), a federation of seven vibrant emirates that …
Finance: UAE govt, firms interested in PH
GOVERNMENT officials and investors in the United Arab Emirates (UAE) have expressed interest in partnerships and projects with the Philippines, the Finance department said on Wednesday. During a …
UAE banks’ investments grow 18.8% to Dhs580 billion in July
Investments of banks operating in the UAE reached Dhs580 billion at the end of July 2023, the highest level in history, according to the latest statistics of the UAE Central Bank.
UAE, OECD host regional forum on global minimum tax
The forum was inaugurated by Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs …
UAE bank investments hit record high of $158bn
Investments of banks operating in the UAE reached AED580bn ($158bn) at the end of July 2023 according to the latest statistics of the Central Bank. The figure is the highest level in history and is 18 …