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
Topic
Finance
310 stories
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
Qatar’s Islamic Finance Sector Is Expanding with Sukuk and Fintech Innovation Growth
Doha, Qatar — Based on Qatar’s Islamic Finance Report 2025, the Islamic finance scene in Qatar kept on expanding in 2024, with assets hitting QAR 694 billion—a solid 6.4% increase annually since 2020. Thanks to new regulations and a push towards digital solutions, the sector’s growth is becoming more important in the region’s financial system. […]
Vinay Prakash3 min read
AI in Finance: A Double-Edged Algorithm
LONDON — As artificial intelligence (AI) rapidly transforms accounting, banking, and financial services, business leaders are urging international common standards to prevent bias, privacy breaches, and out-of-control automation. Aaron Harris, Sage’s chief technology officer, warns that the “move fast and break things” culture of tech development can come back to bite in finance, where flawed […]
Vinay Prakash2 min read
Rabee Securities Achieves 1.6% Growth in Iraq Stock Exchange Index Amid Regional Market Volatility
Rabee Securities, Iraq’s leading financial services firm, reported a 1.6% growth in the Rabee Securities Iraq Stock Exchange Index (RSISX Index) for March 2025.
Dhivya Dharshini2 min read
BENEFIT Launches Hadeya E-Gift Feature for Seamless Digital Gifting
BENEFIT, a leading fintech and electronic payments company based in Bahrain, has introduced the Hadeya E-Gift feature in its BenefitPay app, taking digital gifting to the next level.
Dhivya Dharshini2 min read
Unplugged at Seamless Middle East: A New Platform for Off-the-Record Fintech Conversations Launches with Strategic MoU Signing
Dubai, UAE – 27 March 2025 – Seamless Middle East, the region’s largest and most influential fintech and digital commerce event, has officially partnered with Fintech Tuesdays Group (FTT) to host Unplugged by Fintech Tuesdays @ Seamless, a bold new feature set to debut during Seamless Middle East from 20–22 May 2025 at Dubai World Trade Centre. […]
Dhivya Dharshini1 min read
AlbaCore Secures $1.8 Billion to Launch Senior Direct Lending Strategy
AlbaCore Capital Group, a leading European credit investment firm, has launched its Senior Direct Lending Strategy, securing $1.8 billion in commitments from major investors, including the Abu Dhabi Investment Authority (ADIA) and Mitsubishi UFJ Trust and Banking Corp. Expanding Private Credit Solutions in Europe The initiative aims to address the growing demand for private credit […]
Dhivya Dharshini2 min read