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Mashreq launches digital retail bank in PakistanMashreq, one of the leading financial institutions in MENA region, has officially announced the commercial launch of its full services digital retail bank in Pakistan, Mashreq Bank Pakistan. The bank was launched in the presence of Prime Minister Muhammad Sheh More… |
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ADQ, Azerbaijan Investment Holding to explore investment collaborationADQ, Abu Dhabi's sovereign investor focused on critical infrastructure and global supply chains, and Azerbaijan Investment Holding (AIH) have signed a memorandum of understanding to explore avenues of collaboration aimed at advancing shared development objectives. More… |
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ISA Bullion launches 'next-gen' digital gold trading platformISA Bullion, a company that has been serving clients since 2009, has launched its next-generation digital trading platform, revolutionising how investors buy, sell, and store physical gold in real time. The latest figures highlight just how quickly More… |
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Binance, Franklin Templeton to develop digital assets solutionsBinance, a leading cryptocurrency exchange by trading volume and users, and Franklin Templeton, a global investment leader with $1.6 trillion in assets under management, announced a collaboration to build digital asset initiatives and solutions tailored for a broad range of investors. More… |
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Bede Bahrain expands financing services to all Bahrain residentsBede Bahrain, an innovative microfinance solutions app, has announced the expansion of its services to include all residents of the Kingdom of Bahrain. With this new step, eligible non-Bahraini residents can now easily apply for financing through the app More… |
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Al-Futtaim buys 49.95% stake in Cenomi Retail for $686mAl-Futtaim, a regional retail powrhouse, has acquired a 49.95% stake in Cenomi Retail, a leading retail brand in Saudi Arabia, for a total consideration of SAR2.52 billion ($686 million), at SAR44 per share. This transaction marks one of the largest fore More… |
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Sharjah FDI soars 361% to $1.5bn in H1Sharjah recorded 74 foreign direct investment (FDI) projects in the first half of this year, a 57% surge from the 47 projects in the same period last year, the Sharjah FDI Office (Invest in Sharjah) has announced. Capital investment soared 361% to $1.5 billion More… |
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ALEC Holdings launches IPO; ICD offers 20% stakeALEC Holdings, a market-leading diversified engineering and construction group, today announced its intention to list 20% of its share capital on the Dubai Financial Market (DFM) through an initial public offering (IPO). Investment Corporation of Dubai (ICD), More… |
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Invest Qatar strengthens global partnerships at Hong Kong meetingsInvest Qatar, the Investment Promotion Agency of Qatar, conducted a series of high-level business engagements last week in Hong Kong. The meetings took place during its participation at the Asia Leaders Conference, organised by Goldman Sachs in Hong Kong, and More… |
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$500m deal to implement Oman–Gulf electricity interconnection projectThe GCC Interconnection Authority (GCCIA) and Sohar International Bank have signed a $500 million interim financing agreement to support the implementation of a direct electricity interconnection project linking the authority’s grid with that of Oman. Th More… |
