Business & Economy
Emirates NBD to acquire controlling stake in India’s RBL Bank in $3bn deal
Emirates NBD Bank and RBL Bank Limited have approved entering into definitive agreements for Emirates NBD to acquire…
Category: Business & Economy
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Business & Economy
UAE exempts 222 citizens from $39mn in debts
The initiative, which operates under the supervision of Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime…
Business & Economy
Dubai Future District Fund reports $1.65bn boost, support for 190 startups
Dubai Future District Fund (DFDF), has unveiled a dynamic performance update for 2024 at its Annual General Meeting,…
Business & Economy
Former Lebanese PM Saad Hariri registers SPV company at ADGM
Saad Hariri, the former Lebanese Prime Minister and businessman, is launching an investment firm in Abu Dhabi, Bloomberg…
Business & Economy
UAE businesses confident of international trade growth despite tariff woes
Businesses in the UAE remain highly confident in their international trade prospects, with 94 per cent saying they…
Business & Economy
Dubai grants DIFC licence for Transamerica Life Bermuda as it boosts insurance for HNWI
Transamerica Life Bermuda, the global high-net-worth (HNW) life insurer, has been granted a licence by the Dubai Financial…
Business & Economy
Emirates NBD completes mandatory acquisition of Emirates Islamic Bank shares
Emirates NBD (ENBD) has completed its mandatory acquisition of all remaining shares in Emirates Islamic Bank after no…
Business & Economy
‘Magnet for hedge funds’, the UAE could change the $4.5tr global industry
A new research on the hedge fund industry has praised the effect Dubai and Abu Dhabi are having…
Business & Economy
Majed Julfar is back with Deutsche Bank as Chief Country Officer
Majed Julfar is back with Deutsche Bank, after he was announced as the bank’s new Head of Corporate Coverage…
Business & Economy
Qatar Islamic finance assets hit $188bn
The report, which monitors the business results of Islamic finance institutions for 2024, showed that Islamic banks accounted…