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Space42 Lands $5.1 Billion Contract to Fuel UAE Satellite Expansion

Space42 UAE government contract brings a new phase to the country’s satellite communication capabilities. The company signed a $5.1 billion agreement to provide vital...

TECOM Group Shareholders Set to Receive Another AED 400 Million Dividend

In a move that underscores its commitment to rewarding investors, TECOM Group has announced plans to distribute an additional AED 400 million in dividends...

Tabby Secures $200 Million, Becomes Middle East’s First Fintech Unicorn

Middle Eastern buy now, pay later (BNPL) fintech Tabby has secured $200 million in its Series D funding round led by Wellington Management, more...

Saudi PIF Secures $15 Billion Credit Facility

Saudi PIF Wealth Fund Refinances US$15 Billion Revolving Credit Loan Saudi Arabia's Public Investment Fund (PIF), the nation's sovereign wealth fund, has taken a significant...

Meta’s High-Grade Bond Sale : Raising $10.5 Billion

Meta's High-Grade Bond Sale: Meta Platforms Inc., a social media giant, has made headlines by selling $10.5 billion in investment-grade bonds. This move marks...

Islamic Banks in UAE See 1.1% Rise in Gross Credit to AED433.7 Billion in Early 2024

Table of ContentsIslamic Banks in UAE: Growth, Opportunities, and Economic ImpactOverview of Credit IncreaseComparative Analysis with Conventional BanksImpact on the EconomyKey Drivers of Growth Islamic...

Bahrain Achieves Record $6.8 Billion in Foreign Direct Investment in 2023

Bahrain Achieves Record $6.8 Billion in Foreign Direct Investment: Economic Milestone of 2023 Bahrain achieves record-breaking milestones in foreign direct investment (FDI), securing a record...

BitOasis: Leading the Way with $6 Billion in Trading Volume and $40 Million in Funding

Expanding Presence with New License and Bahrain Office Founded in 2016, BitOasis has established itself as the go-to platform for both retail and institutional investors...

Brookfield-Led Investment in GEMS Education: Strategic Details and Consortium Dynamics

Brookfield's Strategic Role in GEMS Education Investment Brookfield Asset Management has inked a significant deal to invest in GEMS Education, a leading international education provider...

Lucid Motors Secures $1 Billion Investment from Saudi Arabia’s PIF Affiliate

In recent headlines, Lucid Motors, an electric vehicle (EV) manufacturer, has been making waves in the financial world. Lucid Motors secures a $1 billion...

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