Deem Finance, a leading UAE consumer finance provider, partnered with J.P. Morgan in a pioneering asset-backed securitisation (ABS) to support its lending activities for consumers and SMEs.
Dubai property rally closes in on pre-2008 record
Growing population and buoyant economy have fuelled four-year bull run, but some warn rising prices are unsustainable …
Julius Baer’s Kunal Sumaya on Dubai’s rise as an investment haven for NRIs
The Head of Global NRI at Julius Baer discusses the key trends shaping wealth management for non-resident Indians, Dubai’s attractiveness for high-net-worth individuals, and the evolving needs of the …
Buimerc rings Nasdaq Dubai’s bell to mark its AED20 million contribution in support of Fathers’ Endowment campaign
Buimerc Corporation Ltd. rang the market opening bell to mark its support of the Fathers’ Endowment campaign, in the presence of Hamed Ali, CEO of Dubai Financial Market and Nasdaq Dubai, as well as …
FinTech LIVE Dubai 2025: Two Months to Go
Join us at FinTech LIVE Dubai this year and discover the latest technologies, trends and regulatory developments shaping the future of finance across MEA …
75% of UAE residents expecting a bonus in 2025 – survey
The YouGov survey also highlights that 68 per cent of UAE residents feel secure about their current financial situation.
Emirates NBD, Visa introduce mobile payment solution for UAE businesses
Salima Gutieva, Visa’s Vice President and UAE Country Manager, said the introduction of Visa Commercial Pay-Mobile with Emirates NBD – a first in the UAE – offers businesses a more efficient and …
Deem Finance lands $400m J.P. Morgan deal to fuel UAE lending
The financial services provider, which forms part of the UAE’s Gargash Group, will receive up to $400m through a revolving facility …
How UAE residents can use bonuses for financial security
The UAE is witnessing a significant shift in how residents view their financial futures. About 75 per cent of residents in the Emirates expect a bonus in 2025 (compared to 68 per cent in 2024), …
UAE’s FAB prepares overhaul, picks Citi veteran as new investment banking head, sources say
First Abu Dhabi Bank (FAB) is planning to split its operations into four new divisions in a bid to strengthen its business in the Gulf and boost shareholder returns, two sources familiar with the …
Dubai Unveils DIFC Hedge Funds Centre To Attract Global Startups
Dubai is set to bolster its status as a burgeoning hub for hedge funds with the launch of the DIFC Hedge Funds Centre, a facility tailored for em …
UAE: Deem Finance, JP Morgan sign Dh1.46 billion securitisation facility
Deem Finance, a UAE-based consumer finance firm, has partnered with JP Morgan in an asset-backed securitisation (ABS) to support its lending activities to consumers and small and medium enterprises …
Etihad will push back $1bln IPO launch to at least next month, sources say
DUBAI: Abu Dhabi’s Etihad Airways will push back its planned $1 billion initial public offering until at least next month, after the Eid al Fitr holiday, two people with knowledge of the matter said.
UAE lender Deem secures $400mln debt financing from JP Morgan
UAE lender Deem Finance, which is owned by family business conglomerate Gargash Group, has secured an asset-backed securitization facility (ABS) of up to $400 million, with J.P. Morgan as the facility …
Deem Finance and J.P. Morgan partner with a milestone $400mln securitization facility to support consumer and SME lending in the UAE
The transaction is structured to provide significant flexibility, allowing funding to adjust to growth in the portfolio size and composition to support Deem’s dynamic growth strategy …
Dubai Woos Hedge Fund Startups With Dedicated Building
Dubai is opening a building dedicated primarily for hedge fund startups looking to expand into the city that’s emerged as a growing hub for the sector in recent years.
UAE real estate developer and bank team up for ‘game-changing’ property financing offer
A leading UAE real estate developer and bank are teaming up for a “game-changing” finance solution to make home ownership more accessible. DAMAC Properties has partnered with Abu Dhabi Islamic Bank …