Finance & Capital Market

Finance & Capital Market

Capital Group secures FSRA licence in Abu Dhabi

Wed, 07 Oct 2026

Capital Group, with $3.6 trillion of assets under management, has secured a Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM.

Finance & Capital Market

ADIB shareholders approve $480m rights issue

Wed, 07 Oct 2026

Abu Dhabi Islamic Bank’s (ADIB) shareholders have approved the proposed increase in the bank’s issued and paid-up share capital through a rights issue expected to raise about AED1.75 billion ($480 million) in gross proceeds.

Finance & Capital Market

DIB, Expo City Dubai partner to advance off-plan home financing

Tue, 06 Oct 2026

DIB, the largest Islamic bank in UAE, has entered into a deal to offer eligible buyers home financing for properties under construction within Expo City Dubai. The financing is available to eligible UAE nationals, expats and non-residents for up to 25 years, subject to regulatory requirements.

Finance & Capital Market

Saudi Arabia’s non-oil shift builds long-term resilience, says S&P

Tue, 06 Oct 2026

Saudi Arabia’s structural shift toward non-oil revenue is strengthening the kingdom’s long-term economic resilience, while rapid growth in its digital economy is supporting efforts to diversify beyond hydrocarbons, according to top ratings agency S&P Global Ratings.

Finance & Capital Market

Technology, gaming investors doubled Nasdaq-100 returns: report

Tue, 06 Oct 2026

Investors who focused on the technology and gaming themes achieved significantly higher returns than the Nasdaq-100 over the past decade, says a new analysis from trading and investing platform etoro.

Finance & Capital Market

UAE Financial Intelligence Unit, VARA sign MoU

Tue, 06 Oct 2026

The UAE Financial Intelligence Unit (UAE FIU) and the Virtual Assets Regulatory Authority (VARA) have signed an MoU to strengthen joint coordination in combating financial crime involving virtual assets.

Finance & Capital Market

UAE outward FDI hits $63.353bn in 2025: UNCTAD

Tue, 06 Oct 2026

Outward foreign direct investment (FDI) flows from the UAE reached $63.353 billion in 2025, as the country's outward FDI stock stood at $402.729 billion at the end of the year, compared with $55.560 billion in 2010.

Finance & Capital Market

6th IMFC Deputies held under Saudi chairmanship

Mon, 05 Oct 2026

The sixth meeting of the Deputies of the International Monetary and Financial Committee (IMFC) has emphasised the importance of boosting global cooperation and coordinating economic policies to address geopolitical challenges and support sustainable economic growth.

Finance & Capital Market

Saudi SDRPY provides over $59.8m to Yemen

Mon, 05 Oct 2026

Saudi Arabia, through the Saudi Development and Reconstruction Programme for Yemen (SDRPY), has provided a new financial installment of more than SR224 million ($59.8 million) to support the Yemeni state budget.

Finance & Capital Market

Dubai to host Concordia Horizon Summit for first time

Mon, 05 Oct 2026

Dubai will host the Concordia Horizon Summit for the first time in the Middle East in May 2027.