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07 January 01:48 PM
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RAKBANK granted CBUAE’s nod to launch AED-backed stablecoin

Abu Dhabi – Mubasher: The National Bank of Ras Al Khaimah (RAKBANK) has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed stablecoin. The issuance is subject to the completion of regulatory and …
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Trinasolar expands Saudi Arabia’s footprint through collaborations with ACWA Power
IPTC Summit
IPTC summit to kick off in Dubai; Saudi Aramco participates as sponsor
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Four Winds boosts global presence via membership in Saudi-French Business Council
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Hub71 startup Maalexi to launch world’s 1st agricultural asset token exchange
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Emirates Islamic grants $500m financing for Europe’s largest gas-fired power plant
UAE Arab Global Commodities
DFMGI ADI
DFMGI
6,219.98 0.61% 37.43
Volume 140,892,674 Turnover 529,912,665 No. of Trades: 9,174
15 Down 11 Flat 29 Up
No. of Traded Stocks : 55
Last Update: 01:33 PM
ADI
8,379.48 -0.18% -15.35
Volume 208,995,709 Turnover 700,692,545 No. of Trades: 11,486
35 Down 17 Flat 41 Up
No. of Traded Stocks : 93
Last Update: 01:33 PM
Latest News
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RAKBANK granted CBUAE’s nod to launch AED-backed stablecoin Central Banks
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Photo Gallery
Trinasolar expands Saudi Arabia’s footprint through collaborations with ACWA Power Global Economy
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IPTC Summit
IPTC summit to kick off in Dubai; Saudi Aramco participates as sponsor Global Economy
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Photo Gallery
Four Winds boosts global presence via membership in Saudi-French Business Council Global Economy
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Photo Gallery
Hub71 startup Maalexi to launch world’s 1st agricultural asset token exchange Companies Investments
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Emirates Islamic grants $500m financing for Europe’s largest gas-fired power plant Banking and Finance
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Saudi flyadeal enters 2026 with major regional expansion Global Economy
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Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance Sukuk and Islamic Finance
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UAE’s December PMI shows moderate growth in non-oil sector business Sector Reports
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Prices of investment funds including certificates in EGP, USD Mutual Funds
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Islamic Finance
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Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance Companies Investments
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MESC obtains SAR 150m facility from Alinma Bank Banking and Finance
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Mayar Holding’s units pen SAR 88m financing with SAB Banking and Finance
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Qassim Cement secures SAR 1.5bn credit facility from SNB Banking and Finance
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Fitch assigns ‘B+’ rating to Gulf Navigation’s AED 612m Sukuk issuance Companies Investments
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Tamweel issues Middle East’s 1st Mudaraba Sukuk to finance EGP 5.5bn acquisition deal Sukuk and Islamic Finance
Sharjah Islamic Bank lists $500m Sukuk on Nasdaq Dubai
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Cenomi Centers offers USD-denominated Sukuk Bonds
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Derayah Financial inks SAR 500m credit facility with SNB Banking and Finance
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Arab Markets
Photo Archive
RAKBANK granted CBUAE’s nod to launch AED-backed stablecoin Central Banks
Photo Gallery
Trinasolar expands Saudi Arabia’s footprint through collaborations with ACWA Power Companies Investments
IPTC Summit
IPTC summit to kick off in Dubai; Saudi Aramco participates as sponsor Event
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Four Winds boosts global presence via membership in Saudi-French Business Council Global Economy
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Standard Chartered forecasts Saudi GDP growth at 4.5% in 2026 Sector Reports
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Hub71 startup Maalexi to launch world’s 1st agricultural asset token exchange Global Economy
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Emirates Islamic grants $500m financing for Europe’s largest gas-fired power plant Banking and Finance
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Saudi flyadeal enters 2026 with major regional expansion Companies Investments
Abu Qir Fertilizers’ stock tests strength after correction
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Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance Board of Directors
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International Markets
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