Saudi Central Bank Launches Open Banking Lab
Date Posted 1/4/2023: The Saudi Central Bank (SAMA) announced the launch of the Open Banking Lab according to the Open...
Dubai Chamber of Commerce Launches Fintech & Payments Business Group
Date Posted: December 26, 2022: Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers has announced...
Abu Dhabi Islamic Bank launches ADIB PAY, region’s first token payment enabled wearables
Abu Dhabi, 29 December 2022: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today the launch of the region's first...
Sukoon signs agreement to acquire majority stake of Ascana, a takaful insurer active in the UAE since 1978
Dubai - 20 December 2022 - Sukoon announced today that it has signed a share purchase agreement to acquire a...
General Atlantic Closes Inaugural Climate Solutions Fund
More than $800 million already invested across five companies that are combating climate change at scale ew York – December...
SHUAA launches three new Sharia-compliant funds; brings assets under management on Shariah-compliant platform to more than USD 200 million
The new open-ended funds under the ICC funds umbrella will offer Shariah-compliant accessto global and regional sukuk and equities marketsWith...
TAQA, ADNOC, and Mubadala Complete Landmark Transaction for Stake in Masdar Clean Energy Powerhouse
Abu Dhabi, UAE – 08 December 2022: Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company (Mubadala) and Abu Dhabi...
Dubai Islamic Bank rings market-opening bell to celebrate listing of its inaugural sustainable Sukuk valued at US$ 750 million on Nasdaq Dubai
DIB becomes the first-ever sustainable Sukuk issuer in the UAEThe new listing raised the total value of DIB’s Sukuk on...
PIF ANNOUNCES LAUNCH OF ASEER INVESTMENT COMPANY (AIC)
PIF’s new investment arm in Saudi Arabia’s Aseer region will attract local and foreign direct investment to develop the regionAIC...
Investcorp Acquires a Majority Stake in CrossCountry, a Leading Business Advisory Firm
6 December 2022 - Investcorp, a leading global alternative investment firm, today announced its acquisition of a majority stake in...
