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07 January 01:50 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
6,218.87 0.59% 36.32
Volume 142,093,218 Turnover 535,523,703 No. of Trades: 9,282
14 Down 12 Flat 29 Up
No. of Traded Stocks : 55
Last Update: 01:35 PM
ADI
8,379.48 -0.18% -15.35
Volume 210,316,674 Turnover 707,126,042 No. of Trades: 11,611
35 Down 15 Flat 43 Up
No. of Traded Stocks : 93
Last Update: 01:35 PM
Latest News
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RAKBANK granted CBUAE’s nod to launch AED-backed stablecoin Banking and Finance
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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 Global Economy
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Photo Gallery
Hub71 startup Maalexi to launch world’s 1st agricultural asset token exchange Global Economy
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Photo Archive
Emirates Islamic grants $500m financing for Europe’s largest gas-fired power plant Banking and Finance
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Photo Gallery
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 Companies Investments
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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 Banking and Finance
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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 Banking and Finance
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Mayar Holding’s units pen SAR 88m financing with SAB Banking and Finance
Boursa Kuwait
Boursa Kuwait boosts capital market position for regional financial activity via MoU with TISE group Global Economy
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Qassim Cement secures SAR 1.5bn credit facility from SNB Sukuk and Islamic 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 Sukuk and Islamic Finance
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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 Banking and Finance
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
Photo Gallery
Four Winds boosts global presence via membership in Saudi-French Business Council Corporate Actions
Photo Archive
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 Companies Investments
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 Companies Investments
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International Markets
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