The Association of Chartered Certified Accountants and the Union of Arab Securities Authorities held their first joint regional initiative, bringing together representatives from 11 Arab securities and capital market regulators to discuss emerging fraud risks and ways to strengthen governance and financial market resilience.
Bahrain Bourse has announced that it has sealed a strategic partnership with IDX, a global leader in corporate and investor relations websites, to strengthen the digital investor relations capabilities of listed companies at the kingdom’s stock exchange by offering advanced IR solutions.
Saudi-based Cenomi Centers has announced that the developer of its Westfield Riyadh project had secured SAR2.7 billion ($720 million) in finance from Riyad Bank which it will use to fund the lifestyle development's remaining construction costs, including a VIP lounge, a luxury retail wing and tenant fit-out support.
The Abu Dhabi Securities Exchange (ADX) Group and the Botswana Stock Exchange (BSE) have signed an agreement for the BSE to become the first African exchange to join the Tabadul hub, a cross-border trading and market connectivity platform.
Sav, the region’s rapidly growing consumer fintech platform, and Visa, a world leader in digital payments, have signed an exclusive five-year, multimillion-dollar strategic partnership that will see Visa become Sav's exclusive card network across the UAE and Saudi Arabia.
The Abu Dhabi Securities Exchange (ADX) Group today made global capital markets history with the world’s first bell-ringing ceremony aboard a moving passenger train, transforming Etihad Rail’s Abu Dhabi–Fujairah service into a stock market trading hall.
Saudi sovereign wealth fund PIF said it has signed an agreement with infrastructure investor I Squared Capital to explore the deployment of up to $2 billion in real estate and infrastructure assets owned by the sovereign wealth fund and its portfolio companies.
Saudi Reinsurance Company is set to acquire a strategic 22.5% stake in British company AdA Risk Holding, which owns the operating rights for Syndicate 2024 in the Lloyds insurance market, following the go-ahead from the kingdom’s Insurance Authority.
Abu Dhabi-based BlueFive Capital has completed the sale of its landmark building SYSTEMS in London to JD.com, a leading supply chain company. Comprising 127,000 sq ft of Grade A office space, the building will become JD.com’s UK headquarters.
DMCC, a leading international business district in Dubai, has signed a strategic memorandum of understanding (MoU) with the Botswana Stock Exchange Group (BSE), operator of the Botswana Mercantile Exchange (BMX), to strengthen Botswana's access to global commodity markets by connecting its emerging commodities exchange with Dubai's international trading, finance and logistics ecosystem.
