Browsing: GCC

Al Ansari Financial Services (AAFS), a leading UAE-based financial services group and parent of Al Ansari Exchange, has completed its acquisition of BFC Group Holdings following all necessary regulatory approvals.

Dubai-based digital technology company VEON Ltd. has successfully secured a $210 million syndicated loan with a two-year tenure. A consortium of lenders, including ICBC Standard Bank and several prominent banks from the Gulf Cooperation Council (GCC) region, arranged the financing.

AD Ports Group has signed a 50-year land lease agreement with Al Ain Mills, a subsidiary of Al Hazaa Investment Group, to develop a cutting-edge grain storage and processing facility at Khalifa Port’s South Quay. This initiative will strengthen the port’s infrastructure and reinforce its role as a major regional trade hub.

New York-based BlackRock, the world’s largest asset manager with over $11 trillion in assets, is…

The Gulf Cooperation Council (GCC) continues to play a pivotal role in global trade, with…

Dubai Financial Market (DFM) has celebrated the successful listing of Talabat Holding. Talabat, the MENA…

The UAE’s economy is on track to grow by 3.3% in 2024, accelerating to 4.1%…

The UAE delegation, spearheaded by Minister of State for Financial Affairs, Mohamed bin Hadi Al…

The UAE Ministry of Finance organized its inaugural dialogue with senior officials from over 80…

A premium real estate development in Fujairah is offering UAE and GCC citizens the chance to buy villas in the emirate via an escrow account. Future Cities, in partnership with Emtelak Properties, has launched the Ocean Living project, a luxury villa development in Fujairah’s Al Aqah Beach area. This initiative allows Gulf families to acquire stunning villas spanning 425,000 sq ft, with breathtaking views of the Gulf of Oman.