Designate, meets with H.E. William Ruto, President of the Republic of Kenya, and African energy ministers and leaders at …
Celeb chef Shane Delia holidays in Dubai as company owes creditors millions
Celebrity chef Shane Delia, known for his Melbourne-based Middle Eastern restaurant, Maha, has faced scrutiny over a luxury trip after his gourmet delivery service collapsed while millions in debt to …
Finance House Signs Mou With Emirates Entrepreneurship Association
(fh) and the emirates entrepreneurship association (eea) have signed a memorandum of understanding (mou) to drive the growth and d …
Uae Central Bank’s Balance Sheet At Its Largest Ever
(cbuae) balance sheet grew by 6.3 per cent on a monthly basis to reach dh631.63 billion at the end of april 2023, mark …
Bahrain’s Investcorp seeks to raise up to $600 mln from investment vehicle IPO
DUBAI, June 20 (Reuters) – Middle East alternative asset manager Investcorp Holding is seeking to raise up to $600 million from the listing of an investment vehicle in Abu Dhabi this year, two sources …
COP28 UAE: COP28 President-Designate calls for climate finance reform to unlock Africa’s clean energy potential
President Ruto commends UAE, its leadership and the COP Presidency on its long-standing support for sustainable development and climate action and jointly commits towards the necessary tripling of …
Dubai real estate market records MASSIVE $1.3bn of transactions in just one day
Dubai’s booming real estate sector sees more than a billion dollars of sales and mortgages in a single day Dubai real estate market records MASSIVE $1.3bn of transactions in just one day Dubai, Dubai …
UPDATE 2-Bahrain’s Investcorp seeks to raise up to $600 mln from investment vehicle IPO
DUBAI, June 20 (Reuters) – Middle East alternative asset manager Investcorp Holding is seeking to raise up to $600 million from the listing of an investment vehicle in Abu Dhabi this year, two sources …
EDB launches $27.2mln AgriTech loans to boost UAE food security
Emirates Development Bank (EDB) today unveiled the UAE’s first-of-its-kind AgriTech Loans Programme, set to allocate a substantial AED 100 million in financing support for the country’s vital food …
RAKBANK Set to Transform its Business Finance Operations, Selects Newgen’s Trade and Supply Chain Finance Solution
Leveraging Newgen’s Trade Finance and SCF solution, built on a low code digital transformation platform—NewgenONE, the bank can seamlessly automate the origination and processin …
UAE Islamic banks’ gross assets reach AED650bn in Q1, 2023
Their deposits also registered a 6.2% increase to AED453.4 billion during the period UAE Islamic banks’ gross assets reach AED650bn in Q1, 2023 CBUAE, Central Bank of the UAE, Islamic banking, UAE …
Dubai catapults to seventh rank in Julius Baer’s Global Wealth and Lifestyle Report
Dubai has enjoyed a rapid rise up the ranking to 7th place … At the end of April 2023, assets under management amounted to CHF 429 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private …
UPDATE 1-Bahrain’s Investcorp seeks to raise up to $600 mln from investment vehicle IPO
DUBAI, June 20 (Reuters) – Middle East alternative asset manager Investcorp Holding is seeking to raise up to $600 million from the listing of an investment vehicle in Abu Dhabi this year, two sources …
Arab youth say the UAE is the nation they would most like to live in and their own to emulate for the 12th straight year
For the 12th consecutive year since they were asked to name the countries they consider ‘model nations’, Arab youth have said the United Arab Emirates is the country they would most like to live in …
Dubai records over $680.6mln in realty transactions Monday
Dubai real estate market recorded 691 sales transactions worth AED1.56 billion, in addition to 123 mortgage deals of AED529.53 million, and 25 gift deals amounting to AED434.36 million on Monday, data …
Emirates NBD celebrates 60-year journey from homegrown UAE bank to international banking brand
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, marks a significant milestone this year, with the bank celebrating its 60th anniversary. The landmark …
Dubai’s Amanat says considering IPO of healthcare platform
DUBAI, June 19 (Reuters) – Dubai-listed Amanat Holdings (AMANT.DU) is considering monetisation options for its healthcare platform, including a possible regional initial public offering (IPO) in the …