Finance & Capital Market

Finance & Capital Market

Ajman Bank opens new corporate office in Dubai

Fri, 10 Jul 2026

Ajman Bank has officially opened a new corporate office in Dubai, reinforcing its institutional presence in the UAE’s leading commercial hub and expanding its capacity to serve corporate and institutional clients.

Finance & Capital Market

Burjeel Holdings celebrates sukuk’s trading at London Stock Exchange

Fri, 10 Jul 2026

Burjeel Holdings, a leading super-specialty healthcare group in the GCC, on Friday celebrated the Market Open Ceremony at the London Stock Exchange (LSE), marking the admission of its inaugural $500 million Sukuk to trading on the International Securities Market.

Finance & Capital Market

e& announces $5.95bn sale of Vodafone investment

Fri, 10 Jul 2026

Emirates Telecommunications Group Company (e&) has announced the termination of its relationship agreement with Vodafone Group and sale of its shares in the company for approximately AED21.8 billion ($5.95 billion).

Finance & Capital Market

Batelco by Beyon’s Basma wins top MEA business award

Thu, 09 Jul 2026

Batelco by Beyon has won top recognition at the MEA Business Achievement Awards 2026 in Dubai for its AI-powered customer service platform, Basma, which has transformed the way customers engage with the company by delivering fast, intelligent and personalised sales and support.

Finance & Capital Market

Modon, ADIB roll out UAE capital's first off-plan home finance scheme

Thu, 09 Jul 2026

Leading Emirati developer Modon has signed an agreement with Abu Dhabi Islamic Bank (ADIB) to introduce a first-of-its-kind home financing solution in the UAE capital for off-plan property purchases. Under this, eligible homebuyers will be able to access 75% off-plan home financing through ADIB.

Finance & Capital Market

Saudi PIF-backed group prices $2.75bn international sukuk

Thu, 09 Jul 2026

Saudi Real Estate Refinance Company, a PIF company, has announced the successful pricing of its third international issuance of sukuk with an aggregate value of $2.75 billion. It comprises two tranches - a $1.25 billion with a 5.5-year tenor and a $1.5 billion tranche with a 10-year tenor.

Finance & Capital Market

Deutsche Bank to set up regional HQ in Riyadh

Thu, 09 Jul 2026

Deutsche Bank, the leading German bank with strong European roots and a global network, said it has been granted licence by the Ministry of Investment of Saudi Arabia (MISA) to set up its regional headquarters in Riyadh. This will be Deutsche Bank’s third legal entity in the kingdom.

Finance & Capital Market

Dubai Q1 GDP up 2.4%, reaches $63.17bn

Thu, 09 Jul 2026

Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate's Gross Domestic Product (GDP) reaching AED232 billion ($63.17 billion), representing a 2.4% increase from the same period last year.

Finance & Capital Market

Global risks linger as Middle East war drags on, say world bodies

Thu, 09 Jul 2026

The world's leading economic and energy institutions have called for renewed efforts to resolve the conflict in the Middle East and reopen the Strait of Hormuz, warning that although the global economy has remained resilient, the war continues to pose risks to growth, inflation and global trade.

Finance & Capital Market

UAE attracted $48.3bn foreign direct investment in 2025

Wed, 08 Jul 2026

The UAE attracted $48.3 billion (AED177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year.