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Qatar Islamic Bank (QIB), rated A1 by Moody’s / A by Fitch, has mandated banks to arrange a USD-denominated Reg S 5-year ...
Standard Chartered has appointed Yusuf Demiral as its global head of wealth and retail banking data, analytics and AI, it ...
Dubai First Abu Dhabi Bank , the largest lender in the United Arab Emirates by assets, is set to raise approximately $480 million through a secondary share offering. The transaction involves the sale ...
Arabian Gulf Business Insight on MSN4h
FAB seeks to raise $480m from secondary offering
First Abu Dhabi Bank (FAB), the UAE’s biggest bank by assets, hopes to raise around $480 million from a secondary share sale, the bookrunner for the deal said on Friday. The selling shareholder, ...
The selling shareholder, whose name was not disclosed, is offering around 113 million shares at a price of $4.22 per share ...
Announced on May 29 in Dubai, the development promises to reshape the fast-growing Islamic finance sector, blending ...
Dubai Engie-backed National Central Cooling Company, known as Tabreed, and private equity firm CVC Capital Partners hav ...
Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil ...
ADGM, the international financial centre of Abu Dhabi, hosted its second Virtual Career Fair in collaboration with eFinancialCareers, highlighting its commitment to global connectivity and ability to ...
Combining exSat's Bitcoin-native infrastructure, OKX's liquid markets, and Standard Chartered's asset custodianship, the collaboration delivers a ...
Instead of directly lending money, the annual settlement for $5 trillion of global loan and bond transactions must be ...