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07 January 02:00 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
6,226.47 0.71% 43.92
Volume 151,943,306 Turnover 579,897,623 No. of Trades: 9,974
14 Down 11 Flat 32 Up
No. of Traded Stocks : 57
Last Update: 01:44 PM
ADI
8,379.48 -0.18% -15.35
Volume 217,687,469 Turnover 745,245,495 No. of Trades: 12,296
32 Down 18 Flat 43 Up
No. of Traded Stocks : 93
Last Update: 01:44 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 Companies Investments
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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 Corporate Actions
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Photo Gallery
Hub71 startup Maalexi to launch world’s 1st agricultural asset token exchange Companies Investments
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Photo Archive
Emirates Islamic grants $500m financing for Europe’s largest gas-fired power plant Companies Investments
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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 Banking and 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 Trading Activities
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Islamic Finance
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Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance Banking and Finance
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MESC obtains SAR 150m facility from Alinma Bank Sukuk and Islamic Finance
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Mayar Holding’s units pen SAR 88m financing with SAB Sukuk and Islamic Finance
Boursa Kuwait
Boursa Kuwait boosts capital market position for regional financial activity via MoU with TISE group Bonds
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Qassim Cement secures SAR 1.5bn credit facility from SNB Companies Investments
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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 Banking and Finance
Sharjah Islamic Bank lists $500m Sukuk on Nasdaq Dubai
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Cenomi Centers offers USD-denominated Sukuk Companies Investments
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Derayah Financial inks SAR 500m credit facility with SNB Companies Investments
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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 Global Economy
IPTC Summit
IPTC summit to kick off in Dubai; Saudi Aramco participates as sponsor Event
Photo Gallery
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
Photo Archive
Emirates Islamic grants $500m financing for Europe’s largest gas-fired power plant Global Economy
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Saudi flyadeal enters 2026 with major regional expansion Global Economy
Abu Qir Fertilizers’ stock tests strength after correction
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Photo Archive
Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance Sukuk and Islamic Finance
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International Markets
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S&P 500, Nasdaq rises; Dow falls before Good Friday holiday
Wall St falls on Wednesday with chipmakers leading declines
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