UnitedHealth Stock Soars After Buffetts Berkshire Buys 5.04mn Shares
America’s largest health insurance company had fallen nearly 63% from a 52-week high of $630.73 before Friday’s sur... Read more
Emirates Islamic To Power Kimera Groups UAE Finances With Digital-first Banking Solutions
Emirates Islamic will manage Kimera Group’s UAE finances with advanced digital tools, streamlining operations and boo... Read more
Saudis PIF Sold Its Entire Holding In Meta, Shopify, FedEx And Alibaba In Q2
Its biggest three holdings now are Uber, Lucid and Electronic Arts after paring exposure to US market to $23.8 billion Read more
Zand, Mastercard Partner To Boost Cross-border Payment Solutions
The partnership will leverage Mastercard Move, the company’s suite of money movement solutions to deliver secure, eff... Read more
GCC Asset Management Soars 9% To $2.2tn As Saudi Arabia, UAE Lead
Boston Consulting Group report shows 9 per cent rise in 2024, with sovereign wealth funds and retail mutual funds fuell... Read more
Qatar Gas Transport Seeks $1bn Loan As It Looks To Increase Fleet Size
Bloomberg reports Mizuho Bank will be the sole mandated lead arranger and bookrunner of the five-year deal Read more
UAE Authorities Collect Over $97m In Taxes And Fines In Record 85,500 Inspections In H1 2025
UAE tax authorities conduct record number of inspections and collects tax and fine revenue Read more
Emirates NBDs Zero-fee Trading Hits $1.4bn In First Year
Emirates NBD sees more than 300,000 commission-free trades on UAE exchanges within one year of service launch Read more
Dubai Free Zone DMCC Attracts 1,100 New Companies In H1 2025 As Tech And Trade Ecosystems Surge
Dubai Multi Commodities Centre is attracting more businesses and more sectors as it reports record performances Read more
Rolls-Royce Sells Its UK Pension Fund In A $5.8bn Deal With PIC
Said to be “another step on our journey towards simplifying Rolls-Royce”, it is the largest UK risk-transfer deal s... Read more
Saudi Arabia Warns Businesses To Submit Tax Filings By Sunday Or Face Fines
Saudi tax authorities issue final call for July tax filings ahead of looming deadline Read more
Thndr Joins ADX As First Remote Retail Trading Member, Unlocking UAE Market Access For Millions Of Investors
With more than $13bn in trades and over 4m users, digital investment app Thndr joins Abu Dhabi Securities Exchange Read more
Rania Nerhal Sheds Light On Humanising The Digital Banking System
From regulation to open finance, several trends are set to redefine the next generation of banking Read more
Brookfield Appoints Saad Alfadly As Chairman Of Its KSA Board
Saad brings over 25 years of experience and will oversee Brookfield’s strategic direction and objectives in the Kingd... Read more
Dubais Al Mal Capital REIT Raises AED 210mn In Oversubscribed Public Offering
This comes amid a broader uptick in investor interest in REITs across the region Read more