FAB Reshapes Banking to Lead the Gulf
First Abu Dhabi Bank (FAB) Restructures to Strengthen Gulf Leadership First Abu Dhabi Bank (FAB), the UAE’s largest bank, is undergoing a major transformation to solidify its dominance in the…
RAK Launches IPTs for 10-Year USD Benchmark Sukuk
RAK Government Issues Price Guidance for 10-Year USD Benchmark Sukuk IPTs Set at Treasuries +120 bps RAK has announced the price guidance for its 10-year USD-denominated Reg S benchmark sukuk.…
Trump’s New Tariffs Kick in Against Canada, Mexico, and China
Trump’s New Tariffs Take Effect On March 4, 2025, the U.S. government imposed new tariffs on imports from Canada, Mexico, and China. These tariffs kick in with a 25% tax…
ADNOC and OMV Partner for $60 Billion Chemicals Joint Venture
ADNOC and OMV Form $60 Billion Chemicals Joint Venture ADNOC and OMV Merge Shareholdings ADNOC and Austria’s OMV will merge their shareholdings in Borouge plc and Borealis AG. This move…
GCC Income Market Sees $148B in Primary Issuances
GCC Income Market Sees Strong Growth in Primary Issuances Surge in GCC Issuances Drives Market Expansion The GCC income market saw $147.9 billion in bond and sukuk issuances through 296…
UAE Banks Expected to Grow in 2025 Despite High Interest Rates
Strong Performance Continues for UAE Banks UAE banks are set to maintain their earnings growth in 2025, despite global monetary tightening. Their success is driven by a strong economy, stable…
Silver Metal : The Best Investment for the Future
Silver metal is becoming a top investment choice due to its rising demand in industries and technology. With the push for renewable energy and electric vehicles (EVs), silver’s value is…
Gold Prices in Dubai Drop: A Buying Opportunity for Consumers
Gold Prices in Dubai: Recent Gold Price Drop in Dubai Gold prices in Dubai have taken a noticeable dip, aligning with global market trends. As of March 1, 2025, the…
GEMS Education Plans $300M Investment to Accelerate Growth
GEMS Education Plans $300 Million Expansion to Boost Growth Dubai’s Rapid Growth Drives GEMS Education’s Expansion Dubai is one of the fastest-growing cities globally, attracting wealthy foreigners. GEMS Education plans…
ADGM Sees 245% Growth in Assets Under Management in 2024
ADGM Achieves Remarkable Growth and Reaffirms Commitment to Sustainable Finance ADGM’s Unprecedented Growth in 2024 Abu Dhabi Global Market (ADGM) saw a remarkable 245% growth in assets under management (AUM)…