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NEWS DESK

RAKBANK has successfully completed its first Additional Tier 1 (AT1) security issuance, raising USD 300 million

RAKBANK has successfully completed its first Additional Tier 1 (AT1) security issuance, raising USD 300 million. The perpetual securities have a no-call period of six years (PerpNC6) and carry a coupon rate of 6.625%. The issuance was met with strong investor demand, allowing RAKBANK to tighten pricing by 37.5 basis points. This reflects investor confidence […]
NEWS DESK

Seagate Highlights Strategy to Build Long-Term Value in Today’s Data-driven World at 2025 Investor and Analyst Event

Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, today hosted its 2025 Investor and Analyst Event and outlined the Company’s clear strategy to capture growth opportunities ahead, drive profitability and build long-term value for customers and shareholders.  “Technology innovation and AI are fueling exponential data
NEWS DESK

Dubai’s Real Estate Market Surpasses AED 114 Billion in Q1 2025, Demonstrating Resilient Growth and Investor Appetite

Dubai’s real estate market has exhibited substantial growth in the first quarter of 2025, according to the latest analysis by Springfield Properties. The sector recorded a total transaction value of AED 114.08 billion, marking a 29.19% increase compared to the same period in 2024, with 42,269 transactions completed – a 23.11% rise year-on-year. Off-plan properties
Real Estate GCC UAE

Dubai and Abu Dhabi witness soaring off-plan transactions, signalling continued investor confidence: JLL

Dubai, United Arab Emirates; July 25, 2023 – Off-plan transactions in the residential markets of Dubai and Abu Dhabi continued to see a robust growth momentum in Q2 on the back of resurgent investor confidence and robust absorption of newly launched projects, reveals JLL’s Q2 Market overview report. In Dubai, off-plan residential sales increased by […]