Issued under Emirates NBD’s USD 20 billion Euro Medium Term Note (EMTN) Programme, the 2.40% Notes are due in 2028 …
Pakistani-Founded Dubizzle Group Announces Dubai IPO, Eyes Global Expansion
The UAE’s digital classifieds powerhouse Dubizzle Group, founded by Pakistani siblings Imran, Haider and Zeeshan Ali Khan, has revealed plans to launch an …
Nasdaq Dubai welcomes $140mln bond listing by Emirates NBD
Nasdaq Dubai has welcomed the listing of a CNY 1 billion ($140 million) bond by Emirates NBD Bank, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region.
Dubai court slams BR Shetty’s ‘parade of lies’, asks him to pay Rs 408 crore to SBI
B.R. Shetty alleged that he did not sign a personal guarantee for a $50 million loan granted to NMC Healthcare in December 2018 and denied ever meeting the SBI’s then-UAE CEO Anathan Shenoy who witnes …
SAS partners with DIB to elevate financial crime risk management
Recognizing the rapid advancements in regulatory frameworks and the increasing complexity of financial crime, DIB is advancing to SAS Viya 4 – a cloud-native, AI-powered analytics platform running on …
UK money transfer operator Wise secures UAE approval
The Central Bank of the United Arab Emirates has granted money transfer service Wise regulatory approval to operate in the Gulf state. The London-based financial technology company specialises in …
Dubai debt deal: DIFC and Partners for Growth join forces to fund next generation tech companies
DIFC partners with Partners for Growth to provide structured growth debt to FinTech, HealthTech, and PropTech firms driving Dubai economy …
India’s RBL Bank gains on reports of Emirates NBD looking to buy stake
(Reuters) -Shares of Indian lender RBL Bank climbed more than 3% on Tuesday, hitting their highest level since January 2024, following media reports of talks with Dubai-based bank Emirates NBD for a …
Ajman Bank unveils Gen AI Avatar and the upcoming ‘Ajman Bank One’ digital platform at GITEX Global 2025
The launch took place during GITEX Global 2025, where Ajman Bank showcased its vision for a seamless, secure, and human-centered digital experience that redefines customer engagement …
Emirates NBD in advanced talks for stake in India’s RBL Bank, sources say
By Gopika Gopakumar (Reuters) -Dubai-based bank Emirates NBD is in advanced talks to buy a stake in Indian private lender RBL Bank, two people familiar with the deal told Reuters. The Dubai bank is …
Dubai launchpad for global exhibitors and innovators
Gitex Global 2025, the world’s largest technology and Artificial Intelligence (AI) exhibition, opened its doors to the public at the Dubai World Trade Centre on Monday.
Dubai’s off-plan property market surges amid record sales and new launches
Dubai’s off-plan property market continues its meteoric rise, with Q3 2025 marking a historic milestone in real estate activity. According to the Dubai Land Department, off-plan transactions accounted …
A&O Shearman, Freshfields Lead as Dubizzle Prepares Dubai IPO Amid Listing Boom
The six Gulf Cooperation Council countries have defied the global slowdown in IPO activity that has persisted since 2019 and Saudi Aramco’s record-setting $25.6 billion listing.
Virtual Assets to Contribute 3% to Dubai’s GDP, New Strategy Launched
Dubai has announced a bold Financial Sector Strategy that will see its city ranked among the top three financial hubs globally. Led by Sheikh Maktoum bin Mohamm …
Sheikh Maktoum approves new Dubai Financial Sector Strategy
His Highness reviews DFM performance and plans by VARA; 15 programmes to be launched to drive growth and shape the future of global finance …
Dubai mortgage lenders Amlak, Tamweel mull merger
DUBAI, Oct 4 (Reuters) – Dubai-based mortgage lenders Amlak Finance and Tamweel have begun merger talks, the two companies said on Saturday, as liquidity in the Gulf region tightens. “(The companies) …
Dubizzle announces Dubai IPO with $100m Prosus investment
Dubizzle announces its Dubai IPO, offering 30.34 per cent of shares, with Prosus investing $100 million to back the group’s regional growth …