On the Move

Invesco appoints head of EMEA sustainable and impact investing distribution

Banque du Caire to appoint advisor in the coming days for upcoming offering

Farro Ventures Expands Businesses in Singapore, Dubai

Syria's New Rulers Appoint Maysaa Sabrine to Lead Central Bank, Official Says

Bank of Sharjah appoints new Chief Operating Officer

Omar Sarieddine assumes Deputy-CEO role at 9Yards Communications

Legal, Tax, Regulation & Compliance

Deloitte Middle East upgrades Tax and Legal Gen AI solution

ADGM reduces commercial licence fees from January 2025

The Arab Monetary Fund Enhances Capacity Building in December 2024

Qatar’s banking sector remains healthy on diligent supervision, robust buffers and strong economy

Oman’s central bank approves regulations for Banking Deposits Protection Law

Turkey to end FX-protected lira deposits next year

Retail Banking

Kutayba Y. Alghanim announces sale of Gulf Bank stake to Warba Bank

Kuwait’s Warba Bank to acquire nearly 33% stake in Gulf Bank

Saudi banks’ money supply hits $786bn, time and savings deposits share at 15-year high

Egypt to receive $1.2 billion as part of IMF programme in January

KIB continues to provide the best auto financing deal in collaboration with Al Sayer

National Bank of Egypt Shines with Multiple Wins at the Global Business Review Magazine Awards 2024

Alternative Investments

Kuwait Finance House issues $1bln 5-year Sukuk

QNB announces winners of National Day loans campaign

Real estate trading volume exceeds QR261m in last week

QSE index holds support levels ahead of annual corporate results

PIF pumps $200mln into first globally listed Saudi ETF

Jordan attracts $1.3b worth of foreign direct investments by September 2024 – CBJ

Wealth & Asset Management

Growth of new hubs challenges Swiss private banking stalwarts

Private jet industry offers new avenues for brands to connect with UHNWIs

Season's Greetings from Managers of Wealth

Mashreq: how to manage wealth through geopolitical uncertainty

UAE family offices to take centre stage in global wealth management

BlackRock accelerates wealth access to private markets in Europe, Middle East and Asia Pacific

FinTech

Objectway expands into the MENA region by signing with Kuwait Financial Centre "Markaz"

Digital banking drives Saudi Arabia’s financial transformation

Digital banking drives Saudi Arabia’s financial transformation

QIB introduces innovative features to its mobile apps

Mashreq completes $385mln sale of majority stake in Neopay

Crypto.com Forges New Partnership with Dubai Islamic Bank

Islamic Finance

Dhofar Islamic launches special financing campaign with competitive rates starting from 4.75%

Emirates Islamic wins ‘Best Islamic Bank for SMEs’

Emirates Islamic wins ‘Best Islamic Bank for SMEs’ and ‘Best Bond Issue of the Year’ at MEA Finance Awards 2024

Bank of London and The Middle East plc

Islamic FinTech: Adapting Financial Technology to Sharia Compliance

The Eurasian Development Bank, IsDBI and the London Stock Exchange Group host a discussion on the future of Islamic finance in Central Asia

Research, Comment and Analysis

Computing sector revenue to reach QR265m in 2025

ADIB Opens 72Nd Branch At Mall Of Egypt

Fitch revises outlook on 5 Omani banks to positive; long-term ratings affirmed

Qatari banks to uphold robust financial metrics in 2025: Fitch

Qatar moving with firm steps towards bright future

Public finance of GCC countries witnessed significant financial surplus in 2022, 2023: GCC-Stat

Investment Bank

Al Ahly Pharos closes advisory on Capital Securitization’s $99mln securitization issue

EFG Hermes Closes EGP 1.78 Billion Securitization Deal for Bedaya Mortgage Finance

Citibank honours QIIB with ‘Excellence in Straight Through Processing Payments’ award

EFG Hermes concludes $13.51mln securitized bond issuance for valU

HSBC leads as MENA’s top earner in investment banking fees

EFG Hermes introduces streamlined custody arrangement and asset servicing arrangement services across 40 markets

Planet SOS

Ahlibank reaffirms its Commitment to sustainability through the installation of solar energy systems at its headquarters

MENA’s transformative role in climate adaptation

Arab co-operation in energy sector discussed

United Arab Bank & Canon to deliver impactful carbon compensation for business printing in UAE

Sustainability Forum Middle East welcomes Boston Consulting Group as a Forum Partner for its third edition

Ministry of Climate Change and Environment prepares to launch framework for Extended Producer Responsibility (EPR) in the UAE