New York, USA – Goldman Sachs has launched a new alternative investment platform aimed at expanding private market opportunities for its wealthy clients, as demand for access to privately held companies continues to rise. According to an internal memo seen by Reuters, the new platform will be led by Matt Doherty, who will continue overseeing […]
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 $300 Million Additional Tier 1 Perpetual Non-Call 5.5-year Sukuk was structured under a Mudaraba arrangement and carried a profit rate of 6.50 per cent. The Additional Tier 1 […]
The integration establishes mutual market access, allowing investors from across the Middle East to trade different instruments on the BSE via local brokerages, and vice versa. The signing ceremony, held in Abu Dhabi, was attended by Neo Mooki. Chairperson of the Botswana Stock Exchange. Aobakwe Aupa Monyatsi, CEO of the Botswana Stock Exchange, and senior […]
ABU DHABI: The Abu Dhabi Securities Exchange (ADX) Group today made global capital markets history with the world’s first bell-ringing ceremony aboard a moving passenger train, transforming Etihad Rail’s Abu Dhabi–Fujairah service into a stock market trading hall. The landmark activation celebrated the continued expansion of ADX’s fast-growing derivatives market, following the launch of six […]
Azura Partners, a global wealth manager serving ultra-high-net-worth (UHNW) and high-net-worth (HNW) individuals, entrepreneurs, and single-family offices, has opened an office in Abu Dhabi Global Market (ADGM), establishing a permanent, on-the-ground presence in one of the world’s fastest-growing centres for global private wealth. The Abu Dhabi office is now open and operational at Al Maryah […]
Manama, Bahrain – Gulf International Bank B.S.C. (“GIB” or the “Bank”), a leading pan-GCC banking institution, today announced the establishment of its US$ 3 billion Certificate of Deposit (“CD”) Programme, further strengthening the Bank’s funding platform and enhancing its access to short-term wholesale funding markets. Gulf International Bank B.S.C. ongoing funding diversification strategy The Programme represents […]
Abu Dhabi, UAE: Following a comprehensive strategic review of its international investment portfolio, Emirates Telecommunications Group Company PJSC (“e&”) announced the termination of its Relationship Agreement with Vodafone Group PLC (“Vodafone”). In connection with this, e&’s Board representative has stepped down from his position as a non-executive Director of Vodafone. Following the termination of the Relationship Agreement, e& has […]
New offering gives UAE investors access to a diversified Asia Pacific growth strategy through Standard Chartered’s expanding wealth solutions platform. Dubai – Standard Chartered (“the Bank”) today announced the launch of its latest sub-fund under its Variable Capital Company (VCC) platform, with BlackRock acting as the sub-manager. The Signature Select APAC Allocation Plus fund is an Asia-focused multi-asset strategy […]
Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX) Group today announces the removal of daily price limits for Exchange Traded Funds (ETFs) and futures contracts listed on the Exchange, reinforcing its commitment to a more efficient, liquid, and investor-responsive market. This will be in effect from 3 August 2026. ADX The initiative is designed […]
Subscription Demand Exceeds Expectations with AED 445 Million in Orders, Achieving a 9x Oversubscription H.E. Mohamed bin Hadi Al Hussaini Rings the Opening Bell at Nasdaq Dubai Dubai, United Arab Emirates – The Ministry of Finance announced the official listing and commencement of secondary market trading of the UAE’s inaugural Sovereign Retail T-Sukuk Programme, following the […]