Revolut Secures Major UAE Licence to Disrupt Digital Banking
The global financial technology sector is witnessing a significant shift.
Vinay Prakash2 min read
Topic
Finance
304 stories
Lucid Unveils Budget Gravity SUV and Completes $975M Debt Restructuring
Lucid introduced the budget Gravity Touring SUV at $79,900, expanding access for family buyers seeking affordable electric luxury.
Vinay Prakash2 min read
RockToken Upgrades Yield Plans as Bitcoin Investment Sentiment Weakens Amid Market Volatility
RockToken increases daily yields and reduces cycle times across its leading crypto investment plans to meet the needs of a volatile market.
Vinay Prakash2 min read
Qatar Islamic Bank Secures Four Prestigious Awards at Asset Triple A Islamic Finance Awards 2025
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, recently secured four significant recognitions.
Vinay Prakash4 min read
Mashreq Achieves Record Milestone as Total Assets Surpass AED 300 Billion with Strong Q3 Growth
Mashreq has marked a transformative period for the Bank.
Vinay Prakash7 min read
Egyptian Exchange Records Mixed Trading Performance as EGX30 Dips Whilst Shariah Index Gains
The Egyptian Exchange displayed varied market behaviour on Wednesday, 29th October, with benchmark indices moving in different directions amid active investor participation.
Vinay Prakash2 min read
Kuwait Raises $11.25 Billion in First Bond Sale Since 2017
Kuwait’s debut Eurobond offering, after an eight-year hiatus, raised $11.25 billion through three tranches.
Vinay Prakash2 min read
Indonesia’s Record-Breaking $2.2 Billion Sukuk Boosts Nasdaq Dubai Islamic Finance.
Indonesia’s dual-tranche Sukuk offering has expanded the exchange’s Islamic debt market to $98.6 billion, with over 100 listings. Ambassador Husin Bagis highlighted the deals as reflecting Indonesia’s “strong economic fundamentals” and dedication to sustainable development financing. In terms of global Islamic capital markets, Indonesia’s recent issue of $2.2 billion Sukuk on Nasdaq Dubai is evidence […]
Vinay Prakash2 min read
Wall Street Braces for Volatility as Tariff Risks and Rising Inflation Shake Markets
President Trump’s threat of 30% tariffs on EU and Mexican imports from August 1 added to market jitters, as investors weighed the impact of higher duties on consumer prices and corporate margins.
Vinay Prakash1 min read
Network International–Magnati Merger Clears Key Hurdle, Setting the Stage for $400 Billion Fintech Powerhouse
DUBAI, UAE – Network International and Magnati have completed all the necessary material regulatory approvals to finalise their merger.
Vinay Prakash2 min read
Sharjah Islamic Bank’s $500 million Sukuk listing boosts Dubai’s Islamic finance goals.
Sharjah Islamic Bank (SIB) has made a significant move in its international Islamic finance journey by listing a $500 million perpetual Sukuk on Nasdaq Dubai.
Vinay Prakash1 min read
Deutsche Bank’s ADGM Move: Abu Dhabi’s Secret Weapon in Dubai Finance Rivalry
ABU DHABI — Deutsche Bank has obtained a new license within Abu Dhabi Global Market (ADGM), a strategic move that emphasises ADGM’s fast development as a key financial hub, challenging the dominance of Dubai’s DIFC.
Vinay Prakash3 min read