The Government of Bahrain aims to raise BD 250 million ($658 million) with its latest development bond offering, which opens for subscription today, July 2, 2025. This initiative is part of Bahrain’s ongoing efforts to attract investment and strengthen its financial position. The new bond, which is listed on the Debt Primary Market, provides investors...
The Dubai International Financial Centre (DIFC) has announced its intention to enact new Variable Capital Company (VCC) Regulations aimed at enhancing investment structuring and asset management options for proprietary investments within the DIFC. This initiative positions the DIFC as a leading financial hub in the Middle East, Africa, and South Asia (MEASA) region. Jacques Visser,...
Wealthbrix Capital Partners Limited has officially entered the market as an independent wealth management firm based in the Dubai International Financial Centre (DIFC). The firm announced its launch today, backed by an eight-figure investment aimed at enhancing wealth management services in the region. The newly established firm boasts an experienced board that is committed to...
UAE investors can now buy gold directly from a refinery thanks to a new partnership between O Gold and Emirates Gold. This collaboration allows users of the O Gold app to purchase certified gold products at what are described as ‘refinery-direct rates’. Currently, O Gold has 75 000 active users utilizing its platform to access...
A significant trend has emerged as hedge fund firms increasingly relocate their operations to Dubai and Abu Dhabi. This movement is largely driven by the desire to retain top talent in the face of escalating regional conflicts. For instance, Danny Yong, a veteran hedge fund manager at Dymon Asia Capital, recently lost a potential hire...
Tristar, a subsidiary of Agility Global, which is listed in Abu Dhabi, has successfully secured a new credit facility worth $255 million. This funding, obtained from several regional and international banks, is intended for refinancing and general corporate purposes. The facility has a term of 18 months and includes an option for extension. Agility Global...
Emirates Coin Investment (EmCoin), based in Abu Dhabi, has recently become the first company to be authorized by the UAE’s Securities and Commodities Authority (SCA) to provide fully regulated virtual asset services. The new platform combines both digital and traditional financial markets, allowing investors to access cryptocurrencies, UAE and global stocks, commodities, and professionally managed...
Nasdaq Dubai has announced the listing of three Green Bond issuances totaling $1.72 billion by Industrial and Commercial Bank of China Limited (ICBC). These bonds were issued under ICBC’s $20 billion Global Medium Term Note Programme from its branches in Dubai (DIFC), Hong Kong, and Singapore. This move enhances ICBC’s status as the leading Chinese...
Dubai Investments PJSC (DFM: DIC), a diversified investment group listed on the Dubai Financial Market, has renewed its agreement with xCube LLC to serve as the Liquidity Provider (LP) for its shares. This renewal is part of Dubai Investments’ ongoing strategy to enhance shareholder value and improve market performance. The partnership with xCube reinforces Dubai...
Nettlestone Capital Advisors has officially launched its operations at the Dubai International Financial Centre (DIFC). The firm is fully authorized and regulated by the Dubai Financial Services Authority (DFSA) and aims to connect specialist investment managers with institutional capital throughout the Middle East. Founded by Edwin Lawrence, who has over two decades of experience in...