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 […]
Mubadala wealth funds Abu Dhabi-based Mubadala Investment Company, emerged as the world’s most active sovereign wealth fund in the first half of 2026, deploying $15.2 billion despite heightened market volatility caused by the US-Iran conflict, according to a report by Global SWF. GCC Sovereign Wealth Funds Reach Record Investment Levels The report revealed that Gulf […]
The firm will establish its local office Middle East Presence, within QFC, reinforcing Doha’s growing role as a regional hub for global asset managers. Doha, Qatar — The Qatar Financial Centre (QFC), a leading onshore financial and business centre, is proud to announce that Franklin Templeton is expanding its presence in the Middle East through the establishment […]
State Street Saudi Arabia Financial Solutions, has upgraded its license to a Managing Investment and Operating Funds (MIOF) license from the Capital Market Authority in Saudi Arabia, enabling the firm to offer local fund administration services in the Kingdom. The expanded license enables institutional investors, asset managers, and asset owners to establish, operate, and service […]
Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX) Group today welcomed the listing of the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), marking the fourth listing of the year. Developed by Abu Dhabi-based global investment manager Lunate, this first-of-its-kind exchange-traded fund tracks high-performing, income-generating, Shariah-compliant[1] equities across the Gulf Cooperation Council (GCC). The listing […]
Offering provides a fully Digital Margin Trading Facility solution, empowering investors to maximise opportunities through sophisticated leverage-based trading Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced a significant upgrade to its Margin Trading Facility, now enabling eligible clients to digitally apply for a credit limit […]