The SME financing landscape in the United Arab Emirates has been evaluated at approximately $30 billion, reflecting a robust foundation for ongoing growth. This insight comes from a detailed market analysis conducted by Ken Research, which highlights the prevailing financing gaps and investment opportunities that exist within the country’s dynamic SME sector. Given the rapid...
Ajman Bank has successfully launched and listed a USD 300 million Additional Tier 1 (AT1) Perpetual Sukuk on Nasdaq Dubai, marking a significant milestone for the financial institution as it diversifies its capital structure. This inaugural transaction for Ajman Bank underscores the growing trend of sukuk issuances within the region, reflecting the bank’s commitment to...
Burjeel Holdings, a healthcare group listed in Abu Dhabi, has successfully launched its first sukuk, raising $500 million to enhance its expansion efforts in Saudi Arabia. The issuance attracted significant interest, garnering $1.6 billion in demand, which indicates a robust appetite for Islamic finance instruments among global investors. The sukuk was notably oversubscribed, with 61%...
The Indian government has introduced a significant tax exemption that will benefit certain transactions with eligible units operating within the GIFT City International Financial Services Centre (IFSC). Specifically, payments related to interest, dividends, commissions, and professional fees to these designated units will now be free from the Tax Deducted at Source (TDS) regulations. This move...
Trellen Capital has successfully executed its first financing transaction in the United Arab Emirates, marking a significant milestone in its mission to support small and medium-sized enterprises (SMEs) in the region. This inaugural deal involved the provision of growth capital to a Dubai-based trading and distribution company, highlighting Trellen’s role in addressing the persistent funding...
Ajman Bank has successfully launched a $300 million Additional Tier 1 Perpetual Sukuk on Nasdaq Dubai, a move designed to bolster its regulatory capital and diversify its funding methods. This financial instrument marks a significant step for the bank as it seeks to enhance its financial stability and meet the evolving demands of its growth...
Stock markets in the UAE experienced a downward trend as traders reacted to the upcoming Consumer Price Index (CPI) report from the United States. Specifically, Abu Dhabi’s main index decreased by 0.52%, while Dubai’s market saw a more significant drop of 1.281%. These declines were influenced by investors weighing the implications of US inflation data...
eToro, a prominent global trading and investment platform, is at the forefront of integrating artificial intelligence into retail investing. CEO Yoni Assia recently highlighted how AI is set to revolutionize the investing landscape, particularly for retail investors in the coming years. The platform aims to provide retail investors with access to advanced financial tools and...
Dubai Islamic Bank (DIB) has reported a noteworthy increase in its financial performance for the first half of 2026, with gross revenue rising by 10% year-over-year to reach AED 12.4 billion. This growth has been largely attributed to the bank’s diversified income streams, which include both funded and non-funded sources. The bank’s strong revenue performance...
According to a recent report by S&P, financial institutions in the United Arab Emirates and Saudi Arabia are poised to spearhead credit growth within the Gulf Cooperation Council (GCC) by the year 2026. This forecast comes on the heels of robust domestic economic conditions in both countries, which are expected to foster a favorable environment...