Business & Economy
Alpha Dhabi sells 8.5% Modon stake to Abu Dhabi government’s L’imad Holding
Abu Dhabi’s Alpha Dhabi Holding is selling its entire stake of 8.5 per cent in Modon Holding to…
Category: Business & Economy
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Business & Economy
Aqua Labs backs UAE’s Vision 2030 with launch of $20mn startup fund
UAE’s Aqua Labs, the emerging Web3 investment group, has reiterated its commitment to the nation’s Economic Vision 2030,…
Business & Economy
EXCLUSIVE: SEDCO Capital listing possible within 3 years, CEO says amid Saudi IPO boom
SEDCO Holding CEO Rayyan Nagadi said there is a possibility that the group’s asset management subsidiary, SEDCO Capital,…
Business & Economy
Germany’s DWS secures Financial Services Permission to open office in Abu Dhabi
DWS Group, the investment arm of Deutsche Bank AG, is opening an office in Abu Dhabi after securing…
Business & Economy
Barclays looking to re-enter Saudi Arabia with office in Riyadh
British bank Barclays is planning to re-establish its operations in Saudi Arabia, 11 years after it wrapped up…
Business & Economy
UAE launches Retail Sukuk for citizens and residents to invest in Shariah-compliant bonds
The UAE Ministry of Finance (MoF) has launched the “Retail Sukuk” initiative, allowing citizens and residents to invest…
Business & Economy
Abu Dhabi’s ADQ to partner US government in $1.8bn critical minerals project
Abu Dhabi sovereign wealth fund ADQ will invest US$600 million in a US$1.8 billion project backed by the…
Business & Economy
Binance boss CZ ‘grateful’ to Trump after receiving Presidential pardon
Changpeng Zhao, the flamboyant founder of the world’s largest cryptocurrency exchange Binance, has been granted a pardon by…
Business & Economy
Saudi VAT: ZATCA calls for businesses to file returns or face fines
Establishments with annual supplies exceeding SR40m ($10.7m) must submit VAT returns for September, while those below that threshold…
Business & Economy
Goldman scales regional offering with onshore private banking services in KSA
As some of Wall Street’s biggest financial companies target the wealth in Saudi Arabia and the Middle East,…