financial hub
- Turkiye
Turkish Parliament passes sweeping tax incentives to draw global capital
The Turkish Parliament approved a wide-ranging tax reform package on Wednesday, rolling out long-term incentives aimed at drawing foreign capital,…
Read More » - UAE
Dubai DIFC Registers 100th Hedge Fund as Billion-Dollar Managers Surge
The number of hedge fund managers doubled from 50 at the start of 2024, with 81 being billion-dollar AUM managers…
Read More » - UAE
HSBC Opens First Middle East Wealth Centre in Dubai to Serve UAE’s Affluent Clients
Bank invests in bespoke services to capture UAE’s growing affluent segment HSBC has opened its first Middle East wealth centre…
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Binghatti Lists $500 Million Sukuk on Nasdaq Dubai Amid Strong Investor Demand
Nasdaq Dubai, the region’s international financial exchange, today celebrated the listing of a $500 million Sukuk by Binghatti Holding, a…
Read More » - UAE
MultiBank Expands into Abu Dhabi with New Office and UAE Stock CFDs Offering
The new office will reportedly serve both retail and institutional customers. MultiBank recently introduced UAE stock CFDs on shares listed…
Read More » - UAE
UAE: ADGM issued 1,271 new licenses by the end of June 2024, a 20.5% increase from the previous year,
112 asset and fund managers now operate in ADGM, managing 141 funds ADGM, the global finance hub of the UAE’s…
Read More » - Business
Abu Dhabi Global Market records 211% surge in assets under management since Q1 2023
107 asset and fund managers operating in ADGM, currently managing 137 funds ADGM, the international financial centre of the UAE’s…
Read More » - UAE
Standard Chartered among first to offer UAE retail clients access to locally domiciled funds in DIFC
The move is in line with the new SCA regulation which restricts promotion of foreign funds to professional investors Standard…
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UAE and Saudi Arabia: Engines of Expansion for Citigroup Amidst Global Restructuring
Speaking exclusively to The National, she said the UAE and Saudi Arabia will remain engines of expansion in the region…
Read More » - Turkiye
D8 praises Turkey’s economic reforms, leading projects
Turkey to become global financial hub, secretary-general of D8 says Turkey is set to attract more foreign investments thanks to…
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