Islamic Finance
Ajman Bank Prices $300m AT1 Sukuk Debut
Ajman Bank has priced its inaugural Additional Tier 1 sukuk at $300 million, marking the emirate's first foray into perpetual cap…
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Financial Markets
Nestlé Offloads Half Waters Unit to Platinum Equity in $3.4B Deal
Nestlé has agreed to sell a 50% stake in its Waters division to private equity firm Platinum Equity, forming a joint venture valu…
Macro Economy
World Bank Projects 4.1% UAE GDP Growth for 2027
The World Bank forecasts UAE economic expansion of 4.1% in 2027, underpinned by non-oil sector momentum and structural reforms. T…