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UAE’s Islamic finance sector witnesses accelerated growth of 8% in 2023: S&P

ABU DHABI/ WAM S&P Global Ratings, the global credit rating agency, confirmed that the total assets of the global Islamic finance sector continue on a path of rapid growth, pointing to the sector’s accelerated growth in the UAE last year due to the strong performance of the non-oil economy. The agency added, in a recent report titled “Islamic Finance 2024-2025: ...

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Abdullah bin Zayed participates in six-party Arab Ministerial meeting with Blinken in Riyadh

RIYADH/ WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, participated in the six-party Arab Ministerial meeting alongside US Secretary of State Antony J. Blinken. The meeting also included His Highness Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs of the Kingdom of Saudi Arabia; Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister ...

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BHM Capital launches Fixed Income Division

DUBAI/ GULF TIME BHM Capital, a leading financial institution in the capital markets of the United Arab Emirates, listed on the Dubai Financial Market, is pleased to announce the launch of the Fixed Income Division, this dedicated department, with over 75 years of collective experience, aims to enhance BHM Capital’s position in local and regional financial markets. The fixed income ...

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