Emirates Islamic Bank to Delist from Dubai Stock Market, Announces Strategic Move
Emirates Islamic Bank to Delist from Dubai Financial Market Emirates NBD Acquires 100% Stake in Islamic Bank Bank will delist from the Dubai Financial Market after a full acquisition by…
HSBC’s Strategy Shift: Can Smaller Mean Smarter in Investment Banking?
HSBC’s Investment Banking Retreat: Path to Greatness or Risk of Irrelevance? HSBC Exits ECM and M&A in the West HSBC exited equity capital markets (ECM) and M&A in Western markets…
Saudi-Based ERAM Targets Debt Issuance for Business Expansion
ERAM Secures Strong Credit Ratings and Eyes Debt Market Entry ERAM Gains Global and National Credit Ratings In May 2025, ERAM secured a B+ global credit rating from S&P Global.…
UAE Non-Oil Sector Faces Slowest Growth in Nearly 4 Years
UAE Non-Oil Growth Slows Despite Strong Demand PMI Hits 44-Month Low UAE non-oil private sector growth dropped to its lowest level in four years in May. The S&P Global Purchasing…
Japan Visa Update: UAE Tourists Can Stay Up to 90 Days Visa-Free from July 1
UAE Nationals Can Now Enjoy 90-Day Japan Visa-Free Stay Starting July 1, 2025, UAE citizens can stay in Japan for 90 days visa-free. The UAE Embassy in Tokyo announced this…
Fahid Island: Abu Dhabi’s Premier Wellness Coastal Hub Unveiled in AED 40 Billion Development
Fahid Island: Abu Dhabi’s New Wellness Coastal Destination Abu Dhabi launches Fahid Island, a Dh40 billion project redefining coastal living with wellness focus. The 2.7 million square metre island offers…
IPO Activity Highlights GCC Markets as Dubai Residential REIT, Saudi UCIC Spur Momentum Ahead of Eid Break
GCC IPO Momentum Grows Despite Mixed Market Signals Flynas and SMC IPOs Aim to Lift Sentiment Saudi Arabia’s upcoming IPOs of Flynas and Specialized Medical Company (SMC) could boost momentum.…
Emaar Invests Nearly Dh3 Billion in Major Dubai Land Acquisition
Emaar Invests Dh2.98 Billion to Expand Land Portfolio in Ras Al Khor Dubai master developer Emaar spends Dh2.98 billion to acquire land in Ras Al Khor. This purchase supports Emaar’s…
Lukoil Asia Chief Joins Turkish Firm BGN to Lead Oil Trading Operations from Dubai
Lukoil Asia Chief Estella Shi Joins BGN to Lead Dubai Oil Trading Veteran Trader Departs Lukoil for BGN Estella Shi, Managing Director of Lukoil Asia Pacific, will join Turkish energy…
DLD Launches First-Ever Property Token Ownership Certificate
DLD Unveils World’s First Property Token Ownership Certificate DLD Revolutionizes Real Estate with Tokenization Initiative Dubai Land Department (DLD) introduced the world’s first Property Token Ownership Certificate. The announcement followed…