UAE Central Bank Slaps $27.8mn Fine On Exchange House
The UAE central bank has not disclosed the identity of the exchange house Read more
Al Salam Bank Exits Its 15.6% Shareholding In Seef Properties
The Bahrain bank’s newly formed asset management firm, ASB Capital, acts as sell-side advisor in the sale to GFH Read more
Investcorp Exits 12 US Residential Multiple-occupancy Assets
Exit was secured at a premium at a combined value of approximately $550 million; Assets were spread across five states Read more
MENA Region Records $46bn In M&A Activity In Q1
UAE leads MENA region in M&A activity as volumes and value see significant gains Read more
Comera Receives UAE Central Bank Approval To Launch Finance Company
Once operational, Comera Finance will offer a full suite of financial products and services, spanning retail, SME, and ... Read more
Saudi Aramco Issues 5-30 Year Dollar-denominated Bonds For $5bn
The oil giant still has a low gearing ratio among global oil companies, which gives them room for increased borrowing, ... Read more
CBUAE Issues $5m Fines To Foreign Banks
UAE Central Bank fines foreign banks over anti-money laundering violations Read more
UAEs Etihad Credit Insurance Reports Over 15% Jump In Insured Turnover To AED 16.2bn In 2024
Etihad Credit Insurance achieved AED 11 billion in gross exposure and maintained its AA- Fitch rating, boosting UAE exp... Read more
Bahrains Investcorp Sells Entire Stake In Indian Retailer Citykart
Alternative investment firm Investcorp sells entire Citykart stake to TPG NewQuest and A91 Partners Read more
GFH Capital, Al Tijaria Announce Logistics Partnership Focused Across GCC Region
Under the agreement, Al Tijaria will act as a technical advisor for one of GFH Capital’s logistics funds Read more
Worldpay Sees Surge In Real-time Payments And Digital Wallets As Regulatory Reforms Reshape UAE Landscape
Worldpay says regulatory changes, a growing appetite for digital wallets, and strong demand for real-time payouts are d... Read more
Binghatti, ADIB Sign Massive Deal For Sharia-compliant Home Financing In Dubai
The agreement will enable homeowners to secure financing once construction reaches 35 per cent completion across Bingha... Read more
Agentic AI Takes Over Credit Sanctions Role As UAE Banks Make Major Strides In Digital Banking
The digitalisation drive is leading to the emergence of major partnerships between banks and fintechs in the region Read more
Dubais Invictus Acquires Majority Stake In Angolan Fertiliser Company
Strategically located, Angata specialises in tailored fertiliser blending; It's the third major acquisition by Invictus... Read more
Abu Dhabi Fines 23 Entities $166,000 Over Tax Rules
Abu Dhabi General Market hands out tax fines over tax rule violations Read more