GFH Financial lists $300 mn Sukuk on Nasdaq Dubai for further expansion
The listing will give GFH a competitive advantage as it forays into the international debt capital markets...
Tag : Dubai
Dubai to establish tax-free Crypto Valley to enhance business landscape
The DMCC Crypto Valley is in line with the UAE Blockchain Strategy 2021...
Dubai to launch blockchain platform for instant bank account facility
In order to do so, Dubai has set up a blockchain consortium consisting of six UAE banks...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...
Dubai Islamic Bank to increase foreign ownership limit from 25% to 40%
The bank’s board of directors at Dubai Islamic Bank suggested the FOL changes...
Maybank Islamic launches first overseas branch in Dubai
The bank’s Dubai branch will focus on wholesale banking which includes corporate financing, treasury, capital markets and trade finance...
Adnoc to invest upto Dh1.5 bn to set up 60 new gas stations in Dubai
Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company...
Dubai property market to see the addition of 62,500 new units in 2020
The number of units to be completed in Dubai this year is the highest in more than a decade...
DEWA sets world record in saving water and electricity
DEWA recorded 1.86 minutes in electricity customer minutes lost (CML) in Dubai...
DP World handles 71.25 mn teu containers globally in 2019
The port operator handles volumes of 31.76 mn teu for APAC, 30.04 mn teu for Europe, MEA, and 9.45 mn teu for Americas and Australia...