Business and Finance
Dar Global, the London-listed luxury real estate developer, unveils $1.9 billion in 2025 luxury projects across Saudi Arabia, UAE, Qatar, Oman, and Spain, enhancing its international market presence.
Business and Finance
Saudi Arabia raised $12 billion through a three-tranche bond, with a $37 billion order book oversubscription. Finance Minister Mohammed Al Jadaan approved the 2025 borrowing plan to cover the budget deficit, supporting Vision 2030.
Business and Finance
Dubai has launched ambitious housing projects worth AED5.4 billion ($1.5 billion), set to deliver 3,004 new homes for Emiratis. These initiatives aim to prioritize social development and enhance the emirate’s housing infrastructure.
Business and Finance
Saudi Arabia estimates its 2025 budget funding needs at SAR139 billion ($37.02 billion) to cover a projected budget deficit, aiming to diversify financing channels aligned with Vision 2030 goals.
Business and Finance
A prominent Abu Dhabi-based bitcoin miner, Phoenix Group, has launched a cutting-edge 50MW cryptocurrency mining facility in North Dakota, US, to consolidate its position as a leader in high-performance digital asset infrastructure.
Business and Finance
The housing project, approved by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, is worth Dh5.4 billion and seeks to provide over 3,000 homes for young Emiratis, prioritizing families and community well-being.
Business and Finance
British pension insurance deals rose to $56 billion in 2024, fueled by increasing interest in so-called bulk annuities from corporate pension schemes. The market witnesses record transactions and new entrants, suggesting that expansion continues.
Business and Finance
Kuwait commenced 2025 with the implementation of a groundbreaking 15% corporate tax on multinational companies (MNCs), aiming to bolster economic diversification, promote development, and ensure long-term financial sustainability.
Business and Finance
Asian equities recovered from a soft start to 2025 as markets geared up for Federal Reserve rate decisions in the U.S. and eyed Trump-era politics. The dollar touched its strongest two-year point.
Business and Finance
The UAE's IPO market is set for a robust 2025, with high-profile companies like Etihad Airways, Dubizzle, Five Holdings, and Alpha Data poised to make waves. Analysts predict another $6 billion year.
Business and Finance
Emirates Islamic has been honored with two prestigious titles at the MEA Finance Awards 2024: ‘Best Islamic Bank for SMEs’ and ‘Best Bond Issue of the Year.’ This recognition underscores its commitment to innovation, sustainability, and empowering SMEs in the UAE.
Business and Finance
CFI Financial Group launches "Trading Transparency+," a transformative programme designed to combat misinformation, empower individuals with reality-based education, and promote informed trading practices through seminars, webinars, tools, and partnerships.