 |
Markaz offers course on regulation of insider securities dealKuwait Financial Centre (Markaz) said it had collaborated with Union of Investment Companies to host the inaugural co-lecturing session on 'Regulating Dealing in Securities by Insiders' as per regulations of Kuwait Capital Markets Authority (CMA). More… |
 |
UBF AGM approves plans to further develop banking sectorUAE Banks Federation’s (UBF) Annual General Meeting has approved plans to develop the UAE banking sector and strengthen the UAE's position as one of the global financial, economic and commercial centres. The AGM held under the chairmanship of Abdulaz More… |
 |
Crealogix and Tuum forge alliance to transform bankingCrealogix, a leading Fintech company headquartered in Switzerland, and Tuum, a leading next-generation core banking provider, have partnered to revolutionise the banking and financing landscape in the GCC region. The alliance will bring together th More… |
 |
24 French asset firms with $1.6trn AUM convene in UAESome 24 French asset firms with around $1.6 trillion of assets under management (AUM) gathered in Abu Dhabi for the second edition of the UAE-France Investors Meetup hosted by Abu Dhabi Global Market (ADGM). This exclusive gathering, led by Bruno Le Maire, the More… |
 |
Q1 net profits of ‘GCC firms slide led by Energy and Telecom’Aggregate net profits reported companies listed on GCC exchanges dropped to the second lowest level in nine quarters during Q1-2024 at $56.4 billion as compared to $61.8 billion in Q1-2023, according to Kamco Invest. The decline was mainly led by a y-o-y More… |
 |
GCC debt market fragmented; continuing to rise: FitchGCC debt capital market (DCM) issuances should continue to rise through 2024 and 2025 and are steadily approaching $1 trillion outstanding, but with fragmentation across the bloc, says Fitch Ratings in a new report. The rise is expected to be slower than More… |
 |
Mideast family offices invest more in real estate: UBSMiddle Eastern family offices continue to hold a high allocation to alternative investments with, on average, the highest allocations to real estate (15%), as the local market is thriving. They also see AI as one of the most promising areas to invest in More… |
 |
Returns from investing in India highest: AmbassadorThe returns from investing in India are some of the highest in the world, said Sunjay Sudhir, Ambassador of India to the UAE. “The growth story of India is itself a big pull for investors,” Sudhir said in his foreword to Alpen Capital’s resea More… |
 |
Emirates Islamic issues $750m 5-year Sustainability SukukEmirates Islamic, a leading UAE Islamic financial institution, has announced the successful pricing of its $750 million first ever Sustainability Sukuk, marking a milestone in the bank’s sustainable journey, and Islamic finance industry. This is the firs More… |
 |
UAB, CBB and BAB host ‘AI-Driven Banking Services’ workshopThe practical applications of AI within the banking and financial services industry were explored in a workshop hosted by the Union of Arab Banks (UAB). The three-day workshop titled "AI-Enhanced Banking: Unleashing the Power of Data," in colla More… |
