Browsing: Finance

Nasdaq Dubai welcomed the listing of Emirates NBD Bank PJSC’s US$500M Sustainability-Linked Loan Financing Bond (SLLB), the first globally issued under the new International Capital Market Association (ICMA) and Loan Market Association (LMA) frameworks.

The United Arab Emirates will achieve 4.1 per cent GDP growth in 2025, as a strong non-oil sector and recovering oil production drive the economy, according to the World Bank.

DMCC has launched its Crypto Centre Metaverse, an innovative digital platform aimed at connecting global stakeholders with the region’s largest Web3, crypto, and blockchain ecosystem.

The UAE’s payments industry will see significant growth, with revenues reaching $27.3B by 2028, according to Boston Consulting Group’s (BCG) Global Payments Report 2024.Despite a global slowdown, the UAE remains a leader in the GCC, driven by rapid digital transformation and strategic financial sector investments.

XRG, ADNOC’s international investment company for lower-carbon energy and chemicals, has partnered with BP to launch a new natural gas joint venture in Egypt, named Arcius Energy. BP holds a 51 per cent stake, while XRG owns 49 per cent. The partnership combines their technical expertise and development success to build a competitive gas portfolio.

The UAE participated in the 113th ministerial meeting of the Arab Energy Organisation (AEO) held today in Kuwait, with oil and energy ministers from member states in attendance.

Zand, a fully licensed, AI-powered digital bank based in the UAE, has officially introduced its…

Saudi Arabia’s Public Investment Fund (PIF) and French private equity firm Ardian confirmed on Friday…

Dubai Electricity and Water Authority (DEWA) has expanded its network to include over 740 electric vehicle (EV) Green Charger points across Dubai, reflecting the Emirate’s consistent rise in EV adoption, which surpassed 34,970 vehicles as of October 2024.

The Abu Dhabi Fund for Development (ADFD) has solidified its long-standing collaboration with the Government…