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Fintech Forward wraps up its 2nd edition on a successful noteFintech Forward 2024 (FF24), which was held at Exhibition World Bahrain (EWB), successfully wrapped up another installment of the event for the second year running, securing 1,700 attendees over two days, a third of which flew in from across the Gulf region and beyond. More… |
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OIA commits $150m to ewpartners to further develop economyThe Oman Investment Authority (OIA), the Sovereign Wealth Fund of Oman, has committed $150 million to ewpartners for the enhancement and stimulation of its economy and the surrounding region. The OIA is joining other marquee sovereign wealth funds and internat More… |
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Gargash Group and Mashreq team up on sustainable financeGargash Group, a leading business enterprise in the UAE, has partnered with Mashreq, a leading financial institution, to promote and advance robust sustainability agendas by setting and achieving ambitious green targets. This collaboration, officially in More… |
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Aramco completes $3bn international sukuk issuanceAramco, one of the world’s leading integrated energy and chemicals companies, on Thursday announced the completion of a $3 billion international sukuk issuance, comprised of two US dollar-denominated tranches. The tranches are split as follows: More… |
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Ajman Bank included in FTSE Global Equity Index SeriesAjman Bank, a leading Sharia-compliant bank in the UAE, has announced the inclusion of its shares in the FTSE Global Equity Index Series as well as their availability on the eToro platform. This milestone underscores Ajman Bank’s growing presence in the global financial markets and prov More… |
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ADQ partners with EQTY Lab to accelerate AI adoptionADQ, an Abu Dhabi-based investment and holding company, has partnered with EQTY Lab, an AI solutions provider headquartered in Switzerland, to accelerate the responsible adoption of AI technologies throughout its portfolio. This partnership aligns with A More… |
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Emirates REIT sells prime Dubai office complex for $196mEquitativa, the largest real estate investment trust manager in the GCC, has announced that one of its units - Emirates REIT - has entered into a deal with Tecom Investment for the sale of Office Park, a Grade A commercial asset in Dubai Internet City. Office More… |
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NEOM unveils exquisite designs of Sindalah Yacht ClubNEOM, the developer of the Saudi futuristic city, has unveiled exquisite interior designs for its Sindalah Yacht Club, offering a glimpse into the jewel of the island’s marina. This comes as Sindalah, the first island destination in NEOM, prepares More… |
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Space42 debuts on ADX following merger of Bayanat and YahsatSpace42 made its trading debut on the Abu Dhabi Securities Exchange (ADX) following the successful merger of Bayanat, a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company (Yahsat). Space42 is the UAE’s new AI-powered SpaceTech company with a gl More… |
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Saudi eyes $316bn revenue for FY2025 amid fiscal reformsSaudi Arabia Ministry of Finance has released its pre-budget statement for fiscal year 2025, projecting total revenues to reach approximately SR1.18 trillion ($315.73 billion), marking a 4% decline from previous forecasts. Preliminary estimates for More… |
