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Could exposure to high-emitting sectors pose liquidity, legal risks to GCC lenders?
70% of the region’s rated banks offer sustainability-labeled products
A soft landing for global economy is in sight -Mashreq
Central banks are in no rush to cut interest rates
Lulu moves forward with planned IPO
The company selected ADCB and Emirates NBD to advise on the planned IPO
Islamic banks’ loans crossed the AED 700 bn mark last year
Shariah-compliant issuances handed out by Islamic banks climbed 7.8% y-o-y to AED 428.9 bn in 2023
RAKBank taps Mohamed Omran Alshamsi as its new chairman
The bank elected Mohamed Omran Alshamsi as board chairman, and Shaikha Amneh AlQasimi as vice chairman
Global investors still have appetite for GCC assets
Reforms drive robust inflows into GCC asset markets: Global investor interest in the GCC has picked up momentum amid reforms…
Mashreq plans to double down on AI for new app, with an eye to develop a superapp
The bank reports “overwhelmingly” positive feedback on the new app, which it plans to develop into a superapp in the…
The UAE is the world’s second-biggest destination for greenfield FDI
Dubai remained the top city globally for new green field HQ projects
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