These ratings place FAB at the top end of global bank credit quality, underpinned by strong standalone fundamentals. Abu Dhabi, First Abu Dhabi Bank (FAB), the UAE’s global bank, has reinforced its position as the highest-rated banking group in the MENA region and among the highest-rated globally, with AA- or equivalent ratings and stable outlooks […]
Nasdaq Dubai welcomed the listing of a $300 million Additional Tier 1 (AT1) Perpetual Sukuk issued by Ajman Bank marking the Bank’s first capital securities transaction. The $300 Million Additional Tier 1 Perpetual Non-Call 5.5-year Sukuk was structured under a Mudaraba arrangement and carried a profit rate of 6.50 per cent. The Additional Tier 1 […]
Dubai, UAE, July 2026: Tax Star, a UAE-based tax and compliance software company, has been named a pre-approved e-invoicing service provider by the UAE Ministry of Finance. The approval places Tax Star, among 42 companies nationwide cleared to help businesses meet the UAE’s new e-invoicing rules. This pre-approved status means the Ministry of Finance has […]
The integration establishes mutual market access, allowing investors from across the Middle East to trade different instruments on the BSE via local brokerages, and vice versa. The signing ceremony, held in Abu Dhabi, was attended by Neo Mooki. Chairperson of the Botswana Stock Exchange. Aobakwe Aupa Monyatsi, CEO of the Botswana Stock Exchange, and senior […]
SHARJAH, UAE – Bank of Sharjah reported a strong financial performance for the first half of 2026, posting a 35% year-on-year increase in net profit to AED 362 million, driven by robust revenue growth, higher net interest income, and disciplined cost management. The bank’s net operating income rose 26% to AED 553 million, while net […]
Ajman Free Zone-based company completes the final stage of the UAE accreditation pathway and goes live on the FTA EmaraTax portal, inviting businesses to begin piloting ahead of the mandatory rollout. InvoiceNow Biz F.Z.C., a UAE-based eInvoicing service provider headquartered in Ajman Free Zone, has been granted full accreditation by the UAE Ministry of Finance […]
ABU DHABI: The Abu Dhabi Securities Exchange (ADX) Group today made global capital markets history with the world’s first bell-ringing ceremony aboard a moving passenger train, transforming Etihad Rail’s Abu Dhabi–Fujairah service into a stock market trading hall. The landmark activation celebrated the continued expansion of ADX’s fast-growing derivatives market, following the launch of six […]
AJMS Group and Marmin AI launch the CXO Boardroom Series in Dubai, a curated executive forum on AI, digital finance, and enterprise transformation, managed by Trescon and opening 22 July 2026. AJMS Group, one of the region’s most established business advisory groups, and Marmin AI, its AI-powered compliance and finance technology entity and the first […]
Azura Partners, a global wealth manager serving ultra-high-net-worth (UHNW) and high-net-worth (HNW) individuals, entrepreneurs, and single-family offices, has opened an office in Abu Dhabi Global Market (ADGM), establishing a permanent, on-the-ground presence in one of the world’s fastest-growing centres for global private wealth. The Abu Dhabi office is now open and operational at Al Maryah […]
The MoU will support the strategic growth of SplitRent. Dubai’s real estate sector is entering a new strategic phase, shaped by the ambitions of the Dubai Real Estate Strategy 2033 and the emirate’s continued focus on building a more transparent, sustainable, technology-enabled, and globally competitive real estate ecosystem. KAALM Venture Partners will support Vantpay Group […]