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…
OECD Forecast: Saudi Arabia’s Economy to Grow Faster Than US and Europe by 2026
Saudi Arabia’s Economy to Grow Faster Than US, UK, and France by 2026 According to the OECD forecast, Saudi Arabia’s economy will grow faster than the US, UK, and France…
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.…
Mubadala Raises \$1 Billion Through 10-Year Sukuk Sale
Mubadala Sells $1 Billion in Sukuk Amid Strong Investor Demand Strong Demand Pushes Mubadala to Tighten Pricing Mubadala, Abu Dhabi’s second-largest sovereign wealth fund, successfully raised $1 billion through a…
UAE Central Bank Stops Dh5,000 Minimum Balance Rule
UAE Central Bank Stops Banks from Increasing Minimum Balance to Dh5,000 Recently, there were reports that some banks in the UAE were planning to increase the minimum balance requirement to…
MENA Investors Back Dubai Fintech Qashio with \$19.8M Funding Round
MENA Investors Boost Qashio with $19.8M in Latest Funding Round Rocketship Leads Investment in Dubai Fintech Dubai-based fintech startup Qashio secured $19.8 million in fresh equity and non-equity financing, MENA…
LuLu Added to FTSE Global Equity Index Series in Major Market Move
LuLu Joins FTSE Global Equity Index Series After Strong IPO Performance LuLu to Enter Multiple FTSE Indices The market (LuLu) will join the FTSE Mid Cap, FTSE All-World, FTSE All-Cap,…
ADIB, Binghatti Make Home Financing Easier in UAE
ADIB, Binghatti Join Hands to Simplify Islamic Home Financing in UAE ADIB and Binghatti have partnered to offer easier Islamic home financing. This new deal will help more people in…
ADCB Sets Price Guidance for USD REGS 5-Year SOFR Formosa Bond
ADCB Markets 5-Year USD Formosa Bond Under $15B Programme ADCB Launches New Formosa Bond Abu Dhabi Commercial Bank (ADCB) is marketing a new five-year US-dollar Formosa bond. The bond offers…
847 New ETFs: Should UAE Investors Jump In?
847 New ETFs Launched Globally in 2025: Should UAE Investors Jump In? This year, the world saw a huge surge in new Exchange-Traded Funds (ETFs). In fact, 847 new ETFs…