Multiply Group Set To Expand With Two New Acquisitions
Shareholders approve plans to acquire 2PointZero and Ghitha Holding as company also moves to rebrand The post Multiply ... Read more
Qatar Investment Authority And Orix To Launch $2.5bn Japanese PE Fund
New fund, backed by Qatar’s sovereign wealth fund and Japan’s Orix Corp, will focus on buyout opportunities in busi... Read more
UAE Ranked Among Worlds Most Advanced Digital Asset Regulators: Report
The UAE joins Singapore and Switzerland among the world’s top jurisdictions for digital asset regulation, according t... Read more
Network International Partners With CredibleX To Expand SME Digital Lending Services
Collaboration will enhance Network International’s digital lending marketplace, offering UAE small and medium enterpr... Read more
Emirates NBD Offers Employees Hybrid Work With Letswork Collaboration
Bank staff can use 4,000 secured desks and offices as the company embraces evolving work trends; 12-month pilot program... Read more
Mahindra & Mahindra Exits RBL Bank With $77.1 Million Stake Sale
Indian automaker sells entire 3.53% stake in RBL Bank, earning a substantial profit just over two years after initial i... Read more
Emirates NBDs Open Offer For Stake In RBL Bank To Launch On December 12
Date set for open offer that could see Emirates NBD Bank acquire up to 26% of its shares from public shareholders The p... Read more
UAEs New Retail Sukuk Programme Set To Benefit Islamic Banks
Plans to allow retail investors to invest in government-backed Shariah-compliant instruments will generate new revenue ... Read more
Saudi Insurers Profits Fall 40% In H1 2025
Saudi Arabia’s listed insurers saw profits drop sharply in the first half of 2025 as weak pricing and competition squ... Read more
Saudi Arabia Warns Firms To File Withholding Tax By November 10 Or Face Fines
ZATCA urges Saudi businesses to file withholding tax returns by November 10 to avoid 1% monthly penalties on unpaid tax... Read more
Islamic Syndicated Finance Tops $200bn As Market Levels Off, Fitch Says
Credit agency reports strong growth in outstanding Islamic syndicated financing but issuance expected to stabilise as b... Read more
Islamic Banking Assets To Hit $7.5tn By 2028 As Global Demand Surges
Standard Chartered forecasts Islamic banking assets to soar to $7.5tn by 2028, driven by ESG investment and rising corp... Read more
MENA M&A Deals Jump 23% To $69.1bn In 2025 As UAE And Saudi Lead Record Cross-border Growth
MENA M&A deals rose 23% to $69.1bn in 2025, led by the UAE and Saudi Arabia. Cross-border transactions hit a five-y... Read more
UAEs Tabreed Settles Its $500mn Trust Certificates Due In 2025
The 7-year senior unsecured Sukuk was issued in October 2018 and listed on the London Stock Exchange with a fixed 5.5 p... Read more
GCC Insurers Set For Stable Growth, But Smaller Players Under Pressure
Moody’s Ratings says Gulf insurers will benefit from solid economic growth and stronger demand for health and life co... Read more