CBUAE issues $5m fines to foreign banks
The Central Bank of the UAE has imposed financial sanctions worth $5m on two branches of foreign banks operating in the UAE,
The sanctions amounted...
Saudi Aramco issues 5-30 year dollar-denominated bonds for $5bn
Saudi oil giant Aramco has sold its first dollar-denominated bonds for the year, totalling US$5 billion in three separate tranches. The proceeds from each...
Comera receives UAE central bank approval to launch finance company
Comera Finance, a subsidiary of Comera Financial Holding and part of Abu Dhabi’s influential Royal Group, has received in-principle approval from the Central Bank...
MENA region records $46bn in M&A activity in Q1
It represents an increase of 66 per cent, when compared to $27.6b in Q1 2024.
The MENA region witnessed 225 M&A deals in Q1 2025,...
Bitget launches BGUSD to bridge traditional finance and crypto
Bitget, a globally leading cryptocurrency exchange with major operations in the UAE, announced the launch of BGUSD, a yield-bearing stable asset certificate designed to...
