Islamic financing has expanded in the UAE, increasing its share from approximately 21.5% of total bank financing in mid-2021 to 24% of the total Read More
Banks
Business
Companies
Debt Issuances
GCC
GCC Banks’ Debt Issuance Set to Cross $60 Billion in 2025
Gulf Cooperation Council (GCC) banks are set to exceed $60 billion of USD debt issuance in 2025, and $40 billion excluding certificates of deposit (CDs), Read More
Business
Companies
GCC
Mergers and Acquisitions
World
MGX Joins Silver Lake as Co-investor in Acquiring Altera
MGX, a leading Artificial Intelligence (AI) investment firm and strategic partner to Silver Lake, has announced that it has joined Silver Lake Read More
OMNIYAT, a leading Dubai-based developer of ultra-luxury properties, has announced that it has raised $900 million in sukuk issuances in 2025.Read More
Business
Companies
GCC
Joint Venture
Telecommunications
World
Space42 and Viasat to Launch Equatys Venture
Space42, the UAE-based AI-powered SpaceTech company, and Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite and secure communications, on Monday said Read More
Less than a fortnight after announcing Al Deem townhomes exclusively for UAE nationals, Aldar on Monday said that it has completely sold Read More
Business
Companies
GCC
Listings
Real Estate
stock exchange
ADX Welcomes Listing of Orascom Construction
The Abu Dhabi Securities Exchange (ADX) has welcomed the listing of Orascom Construction, a leading global engineering and construction contractor and concessions Read More
