Category Archives: Business & Investments

Paymentology Launches PayCredit to Power Credit Innovation for Digital Banks and Fintechs in Saudi Arabia and the GCC

New credit solution integrates card issuing and credit ledger management, helping financial institutions in the region reduce complexity and accelerate time to market.

Riyadh, Saudi Arabia – 17 November 2025 – Paymentology, the leading global issuer-processor, has announced the launch of PayCredit, an advanced credit ledger platform designed to help digital banks and financial institutions deliver tailored, feature-rich credit products faster and more efficiently.

Jeff Parker

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Abu Dhabi to take economic partnership with Singapore and India to new heights

Abu Dhabi – 14 November 2025: As part of its ongoing efforts to build and cement relations with leading economies, the Abu Dhabi Department of Economic Development (ADDED) will lead a high-level economic delegation to Singapore and India from 17 to 21 November 2025. The two visits reaffirm the emirate’s commitment to expanding international engagement, advancing bilateral trade and investment relations, and unlocking new opportunities for sustainable development.

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DIB Successfully Issues Debut Sustainability-Linked Financing Sukuk

  • The USD 1 billion issuance marks DIB’s first Sustainability-Linked Sukuk, introducing a performance-linked structure to the Bank’s sustainable finance platform.
  • The Sukuk was more than 2x oversubscribed, reflecting strong global investor confidence in DIB’s financial performance and ESG-aligned approach.

Dubai, UAE – 14 November 2025: 

DIB, the world’s first Islamic bank and the largest in the UAE (rated A3 by Moody’s and A by Fitch), announced that it has successfully accessed the international Sukuk market with a USD 1 billion Sustainability-Linked Sukuk, priced at a profit rate of 4.572% per annum with a tenor of five years.

The issuance represents a significant milestone, marking the Bank’s first Sukuk to be issued in a Sustainability-Linked format. This builds on the Bank’s earlier achievement of being the first Islamic institution to establish a Sustainability-Linked Finance Facilities Financing (SLFFF) Framework. The issuance highlights the Bank’s commitment to innovative financial structures and sustainability, playing an important role in supporting the UAE’s Net Zero 2050 Initiative.

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African Marketplace Dubai 2025 spotlights Africa and Caribbean creative and entrepreneurial excellence

Dubai, UAE — November 12, 2025: The African Marketplace Dubai 2025 officially opened at the Grand Hyatt Hotel, Dubai, uniting more than 200 export-ready brands, creators, and SMEs from Africa and the Caribbean for a four-day exhibition, starting from Wednesday, celebrating trade, culture, and enterprise.

The event features exhibitors from Nigeria, Ghana, Togo, Senegal, Seychelles, Tanzania, Rwanda, the UAE, the UK, and the US, showcasing products across fashion, beauty, wellness, agriculture, technology, art, and lifestyle. The showcase highlights Africa and the Caribbean’s expanding influence in global creativity and commerce.

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