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ADX now has a sustainability index
The index will assess companies’ annual performance based on their ESG scores and public performance reports
JPMorgan to expand its banking operations in Abu Dhabi
The Financial Services Regulatory Authority granted the multinational financial services firm in-principle approval to upgrade its license to category one
Dubai Holding now holds a minority stake in Emirates NBD
ICD transferred over 900 mn shares to Dubai Holding
Carbon credit trading is coming
Mashreq to launch a climate banking platform
Regional broadcaster MBC to go public on Tadawul in blockbuster IPO
Saudi’s MBC taps HSBC and JPMorgan as advisors for upcoming IPO: The region’s largest broadcaster MBC Group has hired HSBC…
Yalla Group earnings jump in 3Q 2023
Yalla Group’s bottom line surged 44.3% to reach USD 35.2 mn in 3Q
Amlak Finance concludes debt settlement with seven financiers + Abu Dhabi Commercial Bank begins selling AT1 bonds
Amlak is still in negotiations to settle facilities with eight other financiers
FAB’s green sukuk are going on the ADX
The notes were issued back in July
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