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Arabian Construction secures AED 2 bn contract for Design Quarter development from Meraas
Plus: Moody’s upgrades RAK Bank’s outlook
Adnoc taps AIQ for USD 340 mn agentic AI deployment
Plus: Phoenix Venture Partners closes private placement for startup fund
National Bank of Fujairah leads USD 100 mn syndicated loan for clinker plant
NBF closes USD 100 mn syndicated loan for UAE cement plant: The National Bank of Fujairah (NBF) finalized a single…
Credit demand maintains its growth trajectory in 4Q 2024 -CBUAE
Demand rose due to greater investment, working capital needs, and robust economic conditions
UAE, Saudi Arabia to lead the region’s sustainable bond issuances in 2025
The issuance of sustainable sukuk, blue, and transition bonds is predicted to grow this year
THIS MORNING: Gulf Capital plans to sell its fertility business Art Fertility
Plus: More European m’naires are considering a move to the UAE
Shuaa Capital to issue AED 267.1 mn MCBs in exchange for existing notes
The company accepted the exchange of the non-binding amount of USD 72.7 mn
RAK attracts over USD 2 bn in orders for 10-year sukuk
Total sukuk issuance volume from UAE-based issuers reached USD 14.4 bn in 2024
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