Category Archives: Business & Investments

Binghatti Holding’s USD 500 Million Benchmark Sukuk Begins Trading on the London Stock Exchange

  • Founder Dr Hussain BinGhatti leads bell-ringing ceremony on London Stock Exchange
  • Binghatti’sRegulation S Sukuk priced with a profit rate of 8.125%
  • USD 500 million sukuk issued under its USD 1.5 billion programme

Dubai, UAE, 13August2025– Binghatti Holding Ltd (“Binghatti Holding”), one of the UAE’s fastest growing real estate developers, celebrated the debut of its USD 500million 5-year Senior Unsecured Sukuk on the London Stock Exchange with a ceremonial bell-ringing event, marking a key milestone in the company’s international growth journey.

The sukuk, issued under Binghatti’s USD 1.5 billion Trust Certificate Issuance Programme, was oversubscribed five times, attracting over USD 2.5 billion in orders from a diverse pool of regional and global investors. The issuance was priced with a profit rate of 8.125%, reflecting investor confidence in Binghatti’s robust financial position. The company is rated BB- by Fitch and Ba3 by Moody’s, both with stable outlooks. 

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AJi Group advances 21 places to rank among Top 100 in ENR’s Top 225 International Design Firms

  • Prestigious ranking by ENR showcases Top 225 design firms globally that are redefining the industry
  • AJi Group powered its way up through its commitment to sustainability, innovation and creating long-term value for its clients

Dubai, UAE: August 12, 2025:AJi Group, the region’s leading architecture, construction, engineering and consultancy group committed to designing smart and building better, has achieved a significant milestone by advancing 21 spots to be ranked among the Top 100 International Design Firms in Engineering News-Record’s (ENR) prestigious Top 225 list for 2025.

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Jumbo Electronics and Jio Haptik Join Forces to Redefine Customer Experience in the UAE with Agentic AI Solutions

The collaboration brings AI-powered voice and chat capabilities to UAE enterprises, enabling intelligent, multilingual, and always-on customer experiences in line with the UAE’s digital transformation agenda

Dubai, UAE, 12August2025: Jumbo Enterprise, the B2B arm of Jumbo Group and a leading IT solutions provider in the UAE, has announced a strategic partnership with Jio Haptik, a global leader in AI-powered customer experience solutions. The alliance aims to introduce next-generation Agentic AI solutions to enterprises across the GCC.

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Mastercard, IFZA and Global Tax Assistant launch AI-driven digital business registration process to accelerate SME growth in UAE

  • Collaboration offers streamlined, discounted services for Mastercard business credit cardholders
  • AI-driven onboarding reduces friction and costs associated with business setup and compliance

Dubai, UAE; 11 August 2025: Mastercard has joined forces with IFZA, one of the fastest-growing free zones in the UAE, and Global Tax Assistant, an international consulting firm, to launch a fully digital, AI-driven business registration journey in the UAE. The collaboration aims to accelerate the growth of the country’s small- and medium-sized enterprises (SMEs) and pave the way for their expansion across the Eastern Europe, Middle East and Africa (EEMEA) markets.

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Baker Tilly International Expands Regional Presence with Launch of New UAE Network Firm Led by New CEO

The globally recognised accountancy network establishes its UAE operations with a future-focused mandate across audit, tax, and consultancy under visionary leadership of the new CEO.

Dubai, UAE, August 10, 2025: Baker Tilly International, a top 10 global network of accounting and advisory firms with presence in over 140 countries and with over 43,000 people, has announced the official launch of its new member firm in the United Arab Emirates. Headquartered in Dubai and led by newly appointed CEO and Managing Partner Saad Maniar, the UAE firm strengthens the network’s presence in one of the region’s most strategically important markets.

Saad Maniar, CEO and Managing Partner of Baker Tilly in the UAE,

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