Browsing: DIFC

Nasdaq Dubai has listed the Middle East and North Africa’s first corporate Blue Bond, a USD 100M issuance by DP World, a leading global supply chain solutions provider. The bond, issued under DP World’s USD 10B Global Medium-Term Note Programme, carries a 5.250% coupon rate and matures in 2029. It secured a spread of 99.6 basis points (bps) above US Treasuries, the tightest spread achieved by DP World in both bond and Sukuk markets. The proceeds will support sustainable initiatives, including marine transportation, port infrastructure, and water-positive projects, reflecting the region’s growing commitment to sustainable finance.

The Dubai International Financial Centre (DIFC) has joined forces with Lloyd’s, the global leader in…

ASK Private Wealth, the wealth management division of Blackstone-backed ASK Asset & Wealth Management Group,…

The Dubai International Financial Centre (DIFC), a global leader in the financial sector across the…

(DIFC) has announced its decarbonisation strategy, pledging to achieve Net Zero by 2045, five years ahead of the UAE’s 2050 target. Revealed at the Future Sustainability Forum 2024, the strategy focuses on cutting emissions across operations, construction, and supply chains.

The Dubai International Financial Centre (DIFC) inaugurated the 2nd Future Sustainability Summit, bringing together over…

Abu Dhabi’s prominent developer Aldar has finalized the acquisition of a landmark tower in Dubai…

Dubai has solidified its position as a global financial powerhouse, with family offices based in…

Dubai International Financial Centre (DIFC) has announced the successful and timely redemption of its $700…

Dubai Financial Services Authority (DFSA) announced on Tuesday that it had fined Vedas International Marketing Management $100,000 (around AED 367,000) for “unauthorised and misleading financial promotions related to the Multibank Group.”