Qatar's Al Khalij Commercial Bank H1-21 net profit slightly up at $102mln
Qatar-based Al Khalij Commercial Bank reported a H2-21 net profit of 372 million riyals ($102 million), an increase of 3…
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Clifford Chance advises as Banks’ counsel on Yahsat’s landmark IPO and listing on the ADX
This is the first IPO listed in the UAE since 2017, and the first ever IPO of a Mubadala subsidiary,…
FinTech: Why these startups are banking on a payments revolution in the Middle East
Founded in 2006, Techstars has invested in more than 2,200 companies in 15 years. In the process, the startup accelerator…
UAE central bank prepares for digital currency launch
The UAE Central Bank (CBUAE) is set to introduce digital currency in a bid to crack the top ten of…
BNP Paribas Switzerland WM appoints head of Middle East and Africa
Ramzi Mouawad has been appointed head of the Middle East and Africa market for BNP Paribas Wealth Management Switzerland. …
Zurich confirms second senior Middle East departure
Reena Vivek, senior executive officer of Zurich Workplace Solutions (ZWS), is to leave the company, a spokesperson confirmed to International…
Euromoney awards UBS Middle East's Best Bank for Wealth Management for second year in a row
For the second consecutive year, Euromoney Awards for Excellence has recognized UBS as the “Best Bank for Wealth Management” in…
Bain promotes Mario Mateiro and Serge Eid to partner
Bain & Company has announced the intake of over fifty new partners worldwide, including a duo based in the Middle…
Fitch revises Saudi Arabia's outlook to stable
Global ratings agency Fitch on Thursday revised Saudi Arabia's Outlook to stable from negative, citing significantly higher oil prices and…
Qatar Central Bank announce Eid Al Adha holiday for financial institutions
Qatar Central Bank announced on Thursday that Eid Al Adha holiday for all financial institutions in the country, including banks,…
Al Khaliji H1 profit surges to QR372mn
Al Khaliji, which is in the process of being merged with Masraf Al Rayan, has reported a 3% year-on-year increase…
Dubai regulator fines former Abraaj finance chief $1.7 million
A Dubai regulator has fined the former chief financial officer of collapsed Dubai-based private equity company Abraaj Group and banned…