On the Move

AES nabs Nedbank’s Bates for chief exec role

AES appoints Andrew Bates as CEO of AES Private Wealth and Family Office

Bank of Sharjah appoints Paul Cox as Chief Retail Banking Officer

Baker Tilly welcomes new member firm in the UAE

PwC Middle East announces Riyadh Al Najjar’s appointment to the PwC Global Board

UBS Appoints New Market Head of Wealth Management in Israel

Legal, Tax, Regulation & Compliance

UAE Central Bank penalizes finance firm Dh600,000 for regulatory violations

17% of Jordanian programme completed to boost digital services transformation — WB

Egypt’s net international reserves hit record $49.04bn in July: CBE

Saudi central bank submits new banking draft law to legislative authorities

UAE Central Bank fines exchange house Dh10.7 million

Rakbank becomes the first UAE bank to offer crypto trading for retail

Retail Banking

Khaleeji Bank reports net profit attributable to shareholders of BD5.614mln for H1 2025

Why UAE, Saudi, Qatari banks are giving out more loans at lower interest rates

Bahrain Development Bank bags two wins at Asian Banking & Finance Retail Banking Awards 2025

Banking consortium grants $127mln syndicated loan to Mountain View for East Cairo project

Alfardan Exchange wins Arab Banks Awards & Commendations of Excellence 2025

UAE's Largest Bank FAB Relocates to New London Address Cementing 48-Year Legacy in the UK

Alternative Investments

This marks the highest level of foreign currency reserves ever recorded in Egypt

B2B opens a new window into Egypt’s real estate market through the gateway of Oman

EQIQ unveils Boxy after a year in stealth

Qatari investors group's profits rise by 1.48%

Solidarity Bahrain raises BD 12mln through preference share issuance

UAE investors now prefer gold bars - less of cash

Wealth & Asset Management

How private banking expertise and brokerage excellence are building lasting success for 18 Bricks

Wealth Management firm Affinity opens Dubai office

Eton Solutions Announces Strategic Partnership with Asas Capital to Launch ‘Family Office as a Service’ in the Middle East

Affinity Expands Into the Middle East with New Office in the DIFC

Standard Chartered: UAE leads key markets in HNW allocation to sustainable investments

UBS, Rand Merchant Bank lead financial adviser M&A rankings in MEA for H1 2025

FinTech

Tarabut Secures In-Principle Approval from the Central Bank of the UAE, Marking a Milestone for Embedded Finance and Financial Inclusion

DIB partners with Visa

QFC report highlights requirements for advancing real-world asset tokenisation

TELUS Digital expands into the Middle East with opening of Dubai office

UAE’s Mubadala Capital invests in US AI firm Anaconda's $150mln Series C

IBM report: Data breach costs drop 18% in the Middle East, reaching SAR 27mln in 2025

Islamic Finance

Dubai Islamic Bank surpasses $100b in assets on strong H1 growth

DIB Reports robust H1’25 financial results, with operating revenue of AED6.4bln driving a 16% increase in pre-tax profit to AED4.3bln

IsDB drives development across over 2 percent of world’s countries

Backbase, the global leader in AI-powered banking technology, today announced the recent

QIIB wins 2025 “Leadership Award for Sustainable Islamic Finance” in Qatar

Amlak Finance announces early and full settlement of outstanding financing facilities

Research, Comment and Analysis

UAE tops the global race for millionaire migration

PwC Middle East’s ‘Future Ready MENA’ report, calls for investment in entrepreneurial skills to unlock youth potential

Knight Frank: Annual residential price growth tops 17% in Abu Dhabi

New Bain & Company analysis details how buyers can unlock full value from carved-out businesses

Global growth forecast rises slightly, inflation set to ease by 2026

Money transfers: UAE expats get fee cuts as currencies drop against dollar

Investment Bank

Investment Banking Surge in the GCC: From Oil to Assets

EIB, Banque Misr to help Egypt-based SMEs post-COVID-19

EFG Hermes advises on the signing of landmark $190mln investment in Alameda Healthcare by DPI

Eurasian Development Bank raises funds on the UAE Capital Market to finance its investment projects in Central Asia

Mashreq expands global footprint with opening of representative office in Türkiye

Citi presses revival in banking after making gains, despite exits: IFR

Planet SOS

Boubyan Bank releases 2024 Annual Sustainability Report

Crédit Agricole Egypt and Infinity join forces to accelerate transition to solar energy

Qatar-based GAB becomes the first accreditation body from the MENA region to sign APAC's MRA for GHG Accreditation

NBK wins best bank for sustainable finance in Kuwait by Global Finance

Gulf Bank completes sustainability governance infrastructure

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