Category: Buzz

Dubai Islamic Bank (DIB), the largest Islamic lender in the UAE, successfully issued a $500 million Additional Tier 1 sukuk, marking a significant moment

Bond sales across the Middle East are expected to achieve unprecedented levels in 2024, driven by favorable market conditions, a surge in infrastructure spending,

Surging interest in initial public offerings (IPOs) has led many families in India to allocate their savings towards these investments, igniting fears of a

Abu Dhabi National Hotels (ADNH) Catering, a prominent subsidiary of ADNH, is gearing up for a public offering that could raise up to $235

The United Arab Emirates has implemented a significant tax relief for cryptocurrency-related businesses and investment firms, providing them with a value-added tax (VAT) exemption

Gulf sovereign wealth funds are on track to collectively manage an unprecedented $7.3 trillion in assets by 2030, driven by significant global investments and

Construction on the Jeddah Tower, which aims to be the tallest building in the world, is back in motion after a prolonged hiatus. Owned

The Abu Dhabi Securities Exchange (ADX) recorded a significant surge in trading activity, logging 15 large deals worth AED 2.66 billion ($724 million) involving

Emirates National Oil Company (ENOC) is contemplating an expansion of its Jebel Ali Oil Refinery, as articulated by its CEO. This initiative aims to

Qatar Airways has entered into an agreement to acquire a 25% stake in Virgin Australia, significantly enhancing its presence in the Australian aviation market.

Amid soaring rental prices in Dubai, the archaeological discovery of a 7,000-year-old city has sparked interest as a potential refuge for those seeking affordable

Tariq Khan, the former CEO of Shuaa Capital, has taken a significant step by investing in Quintas, an Irish investment firm. This move marks

The exploration of bioactive peptides has drawn considerable interest in recent years, with a focus on understanding their potential implications in various fields of

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, hosted his regular Majlis gathering at

Malaysia's state-owned oil and gas company, PETRONAS, has successfully entered into a new exploration agreement with the Abu Dhabi National Oil Company (ADNOC). This

Aldar Properties has embarked on a significant hospitality transformation in Abu Dhabi, unveiling plans for a comprehensive investment of AED 1.5 billion. This initiative

Plans are underway for Africa’s wealthiest person, Aliko Dangote, to establish a family office in Dubai, signaling a significant move towards consolidating his extensive

A surge in institutional interest is significantly advancing cryptocurrency adoption in the United Arab Emirates, positioning the region as a pivotal player in the

Saudi Aramco, the state-owned oil giant of Saudi Arabia, has set the pricing guidance for its upcoming dollar-denominated sukuk bonds. The issuance marks another

Work on the $2.72 billion Dubai Expo City expansion is expected to begin soon, according to officials familiar with the city's masterplan. The project,

A significant development in the logistics and trading sector has emerged as Rorix Holdings, backed by the International Holding Company (IHC), has entered into

A potential shift in the real estate landscape is underway as Dubai-based developer BinGhatti explores the tokenization of its property assets. This move aligns

Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has entered a strategic partnership with Polus Capital Management, a leading

PlayStation enthusiasts are gearing up for the highly anticipated release of "God of War Ragnarok," set to launch globally on November 9, 2024. This

Central banks across the Gulf Cooperation Council (GCC) are poised to adjust interest rates downward, aiming to stimulate their economies beyond the oil sector.

A sports investment firm, primarily backed by Saudi Arabia's Public Investment Fund (PIF), is actively seeking to acquire a significant stake in a prominent

Saudi Aramco has intensified its investment strategy by acquiring an additional stake in MidOcean Energy and making a substantial commitment to Peru LNG. The

Bajaj House Finance, backed by Abu Dhabi Investment Authority (ADIA), made a significant impact on its market debut, with its shares more than doubling

The global sukuk market is seeing unprecedented developments as Sharia-compliant financial structures adapt to new regulations and growing investor interest. Proposals for Sharia reforms

Manchester City has unveiled a special fourth kit designed by Noel Gallagher, offering fans a unique opportunity to secure tickets to the highly anticipated

Blackstone, one of the world’s largest private equity firms, is weighing the sale of its majority stake in Dubai-based visa services giant VFS Global.