New York-based alternative credit investment management firm Vibrant Capital Partners has opened its global headquarters at Abu Dhabi Global Market (ADGM), the international financial centre in the UAE. The firm, which manages approximately $8 billion in assets, serves institutional investors including pensions, family offices and insurance companies globally. The ADGM has licensed Vibrant to manage […]
As part of its ambitious roadmap to net-zero by 2050, which aligns with global banking peers also signed up to the NZBA, FAB plan to not only achieve net zero in it own operations but alo reduce carbon intensity in high-emitting sectors – transitioning all operational and attributable GHG emissions (Scope 1, 2, and 3) […]
Abu Dhabi, UAE:– The Abu Dhabi Arabic Language Centre (ALC) is taking part in the 46th Kuwait International Book Fair, organised by the National Council for Culture, Arts, and Literature (NCCAL) in Kuwait from 22 November to 2 December 2023 at the Kuwait International Fairground. With its participation at the fair, the Centre aims to […]
FAB Advances Journey Towards Net Zero by Expanding Financed Emissions Reduction Targets Expansion builds on FAB’s announcement in March 2023 as the first MENA bank to set financed emissions reduction targets across oil & gas, aviation, and power generation – its ‘Wave 1’ sectors Updated targets relate to ‘Wave 2’ sectors that include: agriculture, aluminium, […]
Bahrain-based asset manager Investcorp Capital has begun trading on the Abu Dhabi Securities Exchange following an initial public offering that raised Dh1.66 billion ($451 million). Shares of the company, a unit of Mubadala Investment Company-backed Investcorp, rose as much as 4.34 per cent to hit Dh2.40 on Thursday, before retreating to Dh2.24 in midday trading. […]
Dubai, United Arab Emirates: Revealing a sustained interest from property seekers and record transaction values for the third quarter across Dubai and Abu Dhabi, MENA’s leading property portal, Property Finder announced results from its latest Market Watch report for Q3 2023. The demand for property was found to be a preferred investment with great potential […]
Bahrain-based asset manager Investcorp Capital has raised Dh1.66 billion ($451 million) from the sale of about a third of its shares to the public during its listing on the Abu Dhabi Securities Exchange, amid “strong demand”. The company, a unit of Mubadala Investment Company-backed Investcorp, set the final offering price at the top range of […]
Silkhaus’ portfolio is set to grow significantly with entry into Abu Dhabi As part of its launch, Silkhaus is partnering with institutional investors in Abu Dhabi and providing Hub71 startups with special offers Abu Dhabi, UAE: Silkhaus (www.silkhaus.com), a cutting-edge proptech startup dedicated to revolutionising short-term rentals across the Middle East and Asia, has announced its entry […]
Abu Dhabi, the capital of the United Arab Emirates (UAE), has unveiled plans for a staggering $50 billion investment in the fast-growing Indian market. This move comes as Abu Dhabi seeks to strengthen its economic ties with India and tap into the country’s booming urban infrastructure sector. The investment, which will be spread across various […]
ABU DHABI, 3rd November, 2023 (WAM) — In a significant alignment of sustainability and finance on the global stage, Abu Dhabi Global Market (ADGM) has announced the hosting of the sixth edition of its Abu Dhabi Sustainable Finance Forum (ADSFF) during the United Nations’ 28th Conference of the Parties (COP28). ADSFF is set to take […]
Abu Dhabi Securities Exchange (ADX) and HSBC Bank Middle East Limited (HSBC) are working together in the first regional collaboration of its kind to develop digital fixed-income securities, paving the way for the introduction of a broader array of capital market use cases in the Middle East. The initiative leverages the investment product knowledge of […]
The Abu Dhabi Securities Exchange (ADX) has tied up with HSBC to develop blockchain-backed digital fixed income securities that will be listed on the local bourse. The two parties will explore a framework that enables digital assets to be made available on the lender’s platform, HSBC Orion, and to be listed on the stock exchange, […]
Abu Dhabi Securities Exchange (ADX) is working with HSBC Bank Middle East (HSBC) to develop digital fixed-income securities, paving the way for the introduction of a broader array of capital market use cases in the Middle East. The partnership leverages the investment product knowledge of ADX, one of the fastest growing Middle Eastern exchanges, and […]
Abu Dhabi’s Department of Municipalities and Transport (DMT) has officially launched the Abu Dhabi Real Estate Centre (ADREC), which aims to accelerate growth across the real estate ecosystem in the emirate. The new centre will unify and strengthen the real estate sector in Abu Dhabi through a comprehensive regulatory framework to further enhance the efficiency […]
The Abu Dhabi Investment Authority (ADIA) has acquired a 40 percent stake in DigitalBridge subsidiary Landmark Dividend LLC. Terms were not disclosed, but the deal is expected to close in the first half of 2024. Landmark Dividend is a real estate and infrastructure acquisition and development company focused on digital infrastructure including data centers and […]
Abu Dhabi, UAE: Abu Dhabi Islamic Bank, a leading financial institution, has launched its Environmental, Social, and Governance (ESG) strategy outlining the bank’s sustainability agenda for the next three years which underscores ADIB’s commitment to increasing its sustainable finance targets, enhancing its sustainable development journey, reaffirming its position as a responsible and forward-thinking financial institution. […]
Abu Dhabi developer Aldar Properties saw tremendous growth in sales and profits in Q3 as overseas and expatriate buyers increasingly turned to the UAE capital for real estate investments. Sales across the group reached AED7.8 billion during Q3, marking a 99 percent surge from the same period last year – accounting for the developer’s highest-ever […]
ABU DHABI – Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the launch of ‘Granada’, its first premium community living apartments located within the fully integrated and all-inclusive community Bloom Living in Abu Dhabi. Granada will comprise units from spacious studios, to upscale one, two-, and three bedroom- apartments, each […]