BusinessLatest Business and Company Updates
Primrose Capital Gains Strategic Regulatory Window in Abu Dhabi
Primrose Capital Management has obtained in‑principle approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, marking the inception of its journey toward a full Financial Services Permission. The clearance paves the way for the Singapore‑based quantitative trading firm to establish a regulated presence in the
Region
DIB draws demand for capital sukuk
Dubai Islamic Bank has raised $1 billion through a perpetual non-call six-year Additional Tier 1 sukuk, reinforcing investor appetite for Gulf bank capital instruments despite a higher-for-longer global rates environment and periodic volatility across emerging-market debt. The benchmark Regulation S transaction
HyperMax Ushers in New Grocery Era with Six Stores in Bahrain
Majid Al Futtaim has opened six HyperMax outlets in Bahrain, coupled with an online store offering, as it pushes its grocery retail ambitions further into the Gulf market. The launch delivers a brand positioned on local produce, value pricing and convenience,
MNA Ventures Announces 2025 Performance Results: A Year of Global Expansion and Strategic Financial Shifts
MNA Ventures, a premier diversified holding group and "one-stop-shop" conglomerate, today released its 2025 Year-End Summary. The report details a transformative period of internal optimization and aggressive international growth, reinforcing the group's position as a global parent entity across the