UAE announces closure of financial markets for Islamic New Year holiday
The Securities and Commodities Authority (SCA) has announced that the Abu Dhabi Securities Exchange and the Dubai Financial Market will close for the Hijri..
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The Securities and Commodities Authority (SCA) has announced that the Abu Dhabi Securities Exchange and the Dubai Financial Market will close for the Hijri..
Dubai firms need VARA license for unified UAE register of virtual asset service providers
Fitch Ratings said sukuk issuance is expected to plunge in Q3 2023 before picking up pace in the last quarter of the year.
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Outstanding sukuk volumes have exceeded $800 billion for the first time in the Q2, according to Fitch Ratings. However, issuance is expected to slow in Q3 coinciding with the summer vacations in many countries, before picking up pace the next quarter.