Emirates NBD has been awarded Middle East Equity House of the Year and Middle East Equity Issue of the Year for du’s AED 3.15 billion follow-on offering. Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has been awarded Middle East Equity House of the Year 2025 […]
December 25, 2025 In a milestone announcement revealed during Abu Dhabi Finance Week, Emirates Coin Investment (EmCoin), the first UAE SCA-licensed Virtual Asset Service Provider, and Hotdesk, the global leader in flexible workspace technology, signed an MoU to explore launching the groundbreaking DESK Token Initial Coin Offering (ICO) in 2026, subject to regulatory approvals. Envisioned as […]
ADI Foundation developing infrastructure for Dirham-backed stablecoin Fasset to provide regulated onboarding, KYC and on-/off-ramp infrastructure Abu Dhabi, United Arab Emirates – Fasset, a leading global banking and investment platform, today announced a strategic partnership agreement with ADI Foundation (ADI), an Abu Dhabi-based non-profit founded by Sirius International Holding, a subsidiary of IHC, the largest listed company in the MENA region. […]
UAE-based fintech Lucid Capital has closed a $2.5 million Seed funding round, led by Tharawat Holding, with participation from Singular Link, as the company looks to strengthen its trading infrastructure and accelerate artificial intelligence research. Founded in the US in 2022 by Hamad Aldighrir, Ye Gu, and San X., Lucid Capital is a quantitative algorithmic […]
Collaboration aims to co-create data-driven financial solutions, expand access to SME financing, and accelerate corporate innovation across the UAE’s evolving economic landscape. Abu Dhabi, United Arab Emirates – 23 December 2025: Comera Financial Holdings, part of Abu Dhabi’s Royal Group, and SC Ventures, signed an MoU announcing a strategic collaboration to jointly explore new opportunities […]
Dubai, UAE: Commercial Bank of Dubai (CBD) has set a new benchmark for the UAE banking sector by becoming the first bank in the country to fully activate Open Finance into live operational use under the Central Bank of the UAE’s Open Finance Initiative, AlTareq. The activation has been delivered in collaboration with Central Bank–licensed third-party […]
Dubai, UAE, 23 December 2025: Lean Technologies has graduated from the Live Proving program under CBUAE’s Open Finance Framework, becoming one of the first Third Party Providers (TPPs) to reach this milestone. Lean’s graduation marks a critical step in the UAE’s transition from Open Finance preparation to execution. It confirms Lean’s technical and operational maturity […]
Dubai, UAE: Nomura announced the opening of their new premises in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA). Leveraging the International Wealth Management expertise of Nomura Singapore Limited, the Dubai office launched in 2023 to expand Nomura’s wealth management client franchise in the Middle East. […]
This syndicated loan is the biggest funding transaction ever for Mashreq. It is also one of the largest syndicated loans by any GCC bank in the last five years Dubai, UAE – Mashreq, one of the leading financial institutions in the MENA region and rated A3 (Moody’s), A (S&P) and A (Fitch), all with a stable […]
Dubai, UAE – ASB Capital has been named “IFN Investor Best New Islamic Fund House 2025” in recognition of its rapid growth as an asset manager with expanding regional footprint across investment markets overseeing USD 6 billion in assets under management. The award reflects the firm’s ability to build a diversified asset and wealth management platform […]