eToro, the trading and investing platform, and the Abu Dhabi Securities Exchange (ADX) announced today the signature of an agreement to add a number of ADX-listed stocks to the eToro platform. Starting in 2025, eToro’s users will be able to invest in a number of ADX-listed companies across various sectors, including energy, real estate, banking,
Emirates REIT, one of the world’s largest listed Shariah-compliant real estate investment trusts, has agreed to fully refinance its existing Sukuk, due December 2025, with a new U.S.$205 million Sukuk due Dec 2028. The new Sukuk is rated BB+ by Fitch. The new Sukuk carries a profit rate of 7.5% in years 1-3 with a step
Emirates Islamic, one of the leading Islamic financial institutions in the UAE and Visa, a world leader in digital payments, have announced the renewal of their partnership with a multiyear agreement. The extension of their long-term partnership underscores their shared values of providing innovative customer-centric products and solutions to customers and boosting digital payments in
Aliph Capital (“Aliph”), an ADGM based private equity manager, announces acquisition of a 25% stake in SANIPEX GROUP(“the Company”) –the leading homegrown lifestyle product supplier. The investment follows Aliph’sinvestment in the UAE’s pet retail sector– aligning with its strategy of deploying capital in high-quality, market leading GCC companies. SANIPEX GROUP provides high quality bathroom, kitchen,
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Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region has bolstered its offerings for UAE Nationals,introducing a full suite of new, tailored offerings and services to empower UAE Nationalsthroughits ‘Emirati Package’. The bespoke brand campaign by Emirates NBD caters to the financial needs of the bank’s Emirati customers
du, the leading telecom and digital services provider, today announced a strategic partnership with Telefónica to accelerate innovation and enable mutual business growth. du joins the prestigious Telefónica Partners Program, which connects over 65 markets across Europe, Latin America, and the Middle East and Africa. This partnership signifies a collaborative step towards enhancing operational capabilities,
