CI Financial and Mubadala Capital Announce Completion of Take-Private Transaction by Mubadala Capital

CI Financial and Mubadala Capital Announce Completion of Take-Private Transaction by Mubadala Capital

TORONTO–(BUSINESS WIRE)– CI Financial Corp. (“CI” or the “Corporation”) (TSX: CIX) and Mubadala Capital today announced the successful completion, effective August 12, 2025, of the previously announced acquisition of CI, one of North America’s leading diversified asset and wealth management companies. The C$12.1-billion transaction marks a significant milestone in Mubadala Capital’s growth ambitions, accelerating its […]

Emirates NBD marks one-year milestone of empowering investors with zero-fee local equities trading

Emirates NBD marks one-year milestone of empowering investors with zero-fee local equities trading

​​​​​Total trade volumes surpassed AED 5 billion registered in12 months since the launch of the bank’s Free Local Equities Trading benefit on ENBD X Bank records surge in retail investors and drives over 300,000 commission-free local equities trades executed on DFM, ADX and Nasdaq Dubai Dubai, UAE: Emirates NBD, a leading banking group in the Middle […]

The Abu Dhabi Securities Exchange (ADX) Onboards Thndr as First Remote Retail Trading Member

The Abu Dhabi Securities Exchange (ADX) Onboards Thndr as First Remote Retail Trading Member

ADX becomes the first exchange in the GCC to welcome Thndr, a leading regional investment platform. Thndr users will soon be able to invest directly in ADX-listed securities and ETFs Thndr partnership reinforces ADX’s commitment to financial inclusion and innovation Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX) today onboarded Thndr, a leading […]

Invictus Investment Reports 164% Surge in EBITDA and Record H1 2025, Revenues of AED 6.1 Billion

Invictus Investment Reports 164% Surge in EBITDA and Record H1 2025, Revenues of AED 6.1 Billion

Growth driven by strategic acquisitions and new market entries EBITDA up 164% year-on-year to AED 189.7 million in H1 2025, reflecting stronger operational performance and impact of consolidating strategic acquisitions since H1 2024 Revenue reaches AED 6.1 billion in H1 2025 – highest half-year performance since ADX listing in 2022 Total comprehensive income recorded as […]

Baron Capital Expands Global Footprint and Establishes Office in Dubai

Baron Capital Expands Global Footprint and Establishes Office in Dubai

New office reinforces Baron Capital’s commitment to serving investors in the Middle East DUBAI, United Arab Emirates & NEW YORK- Baron Capital, a premier growth equity investment firm with a 43-year track record of long-term fundamental investing, today announced the opening of a new office in Dubai, United Arab Emirates. Located in the Dubai International […]

Kuwait’s Capital Markets Authority (CMA) launches nation’s first securities-based crowdfunding service

Kuwait’s Capital Markets Authority (CMA) launches nation’s first securities-based crowdfunding service

The CMA confirmed that Al-Mawazi Capital has become the first company registered in its securities-based financial technology services registry. KUWAIT CITY – In a landmark move aimed at advancing financial innovation, Kuwait’s Capital Markets Authority (CMA) on Sunday announced the official launch of the country’s first securities-based crowdfunding service, marking a significant step toward diversifying […]

Alpaca and ZAD Partner to Bring Shariah-Compliant Investing Globally

Alpaca and ZAD Partner to Bring Shariah-Compliant Investing Globally

NEW YORK & KUWAIT CITY– Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, and ZAD, a leading Kuwait-based investment platform for Shariah-compliant US stocks and ETFs, announced their strategic partnership to expand access to Shariah-compliant investment products. This partnership continues to open financial access for investors seeking to align their financial growth with Islamic principles. With global […]