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XRG increases stake in Rio Grande project + Emarat opens up in Armenia
Through its DIFC operations, the lender will let institutional clients mint and redeem USDC through its platform
Standard Chartered taps Michelle Swanepoel for MEA financing and securities role
The lender is promoting longtime Michelle Swanepoel to head financing and securities services
THIS MORNING: DFSA clarifies Islamic finance rules + Standard Chartered eyes UAE expansion
A new desalination plant is coming to Fujairah
THIS MORNING: Standard Chartered-backed firm plans shariah-compliant wealth management firm + Paramount’s bid for Warner Bros. is in the spotlight
Plus: Abu Dhabi opens two new bridges
THIS MORNING: New seven stations announced for Etihad Rail + Apollo Go gets driverless trial permit in Dubai
Plus: Philippines and the UAE to sign comprehensive economic partnership agreement next week
THIS MORNING: Adnoc submits concessions to secure Covestro acquisition + Adia locks in shares in LG India’s IPO
Plus: DAE sounds out banks for sukuk
UAE is among six top global trade markets, Standard Chartered survey finds
The UAE was identified as one-of-six burgeoning destinations for sourcing, manufacturing and exporting for corporate leaders in the medium term
Region’s first tokenized money market fund launches in DIFC
The QCD Money Market Fund (QCDT) is structured for institutional use cases
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