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ICD SERVES AS BOOKRUNNER FOR SAUDI ELECTRICITY COMPANY’S LANDMARK USD 2.4 BILLION TRIPLE-TRANCHE SUKUK ISSUANCE ON JANUARY 15, 2026
ICD serves as Bookrunner for SEC’s USD 2.4 billion triple-tranche Sukuk with 3-year, 6-year, and 10-year tenors. First…
IHC, Sirius and FAB Receive Central Bank Approval to Launch UAE Dirham-Backed Stablecoin DDSC on ADI Chain
Central Bank of the UAE approval enables DDSC to go live as a fully regulated, UAE Dirham-backed stablecoin…
HSBC invests in national talent with 67 Emirati graduates
HSBC announced that 67 Emirati professionals have successfully graduated from its Global Graduate Programme, reinforcing the bank’s long-standing…
CBUAE and HKMA Deepen Financial Cooperation and Market Connectivity
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened their…
AI tipping point reached in Saudi Arabia as banks move from experimentation to execution, finds Finastra research
Riyadh, Saudi Arabia – February 10, 2026 – Financial institutions in Saudi Arabia have reached a decisive AI…
M&A activity in MENA region experienced strong growth in 2025 with 884 deals totaling US$106.1b
Compared to 2024, merger and acquisition (M&A) volume increased by 26% and value by 15% The expansion was…
Mashreq Delivers an Exceptional 2025 with Record 32% Loan Growth, 27% Deposit Expansion, 20% ROE and AED 12.6 Billion in Operating Income
Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has delivered exceptional results for…
RAKBANK delivers 2.6B in profit* (up 26%) and crosses 100B in total assets
Ras Al Khaimah, United Arab Emirates, January 27, 2026 – The National Bank of Ras Al Khaimah (RAKBANK) today…
‘Eyes Wide Open’: Emirates NBD Group Chief Investment Officer announces positive outlook for 2026, with a healthy dose of caution
Dubai, UAE, 2 February 2026: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye…
Mastercard collaborates with Cyber Security Council to safeguard UAE’s digital ecosystem
The company will use its global expertise and advanced technology to strengthen the nation’s cyber-resilience The two entities…