PIF appoints three senior executives as fund continues expansion
The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, has announced the appointments of Eyas AlDossari and Omar AlMadhi…
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Who is buying Dubai's villas, apartments?
Sales transactions in Dubai’s property market, which hit a serious setback when the world went into lockdown last year, have…
Shuaa Capital launches digital wealth management arm
Shuaa Capital, the Dubai-based asset management company, has launched a ‘digital wealth management division’, which targets opportunities with a new…
NBK officially launches the new MX.3 Solution
Treasury Group of National Bank of Kuwait has announced the successful launch of phase one of the transformation of its…
Cedar Rose launches fully automated solution to digitize the onboarding process of customers for companies
In line with its digital transformation programme, Cedar Rose has announced the launch of its fully automated solution for onboarding…
Qatar’s Islamic finance assets reach QR528bn in 2020
Qatar Central Bank (QCB) Governor, H E Sheikh Abdulla bin Saoud Al Thani, said the Islamic finance in Qatar is…
Two new digital banks close to obtaining a license in Saudi Arabia
The Saudi Central Bank (SAMA) said it has completed studying license applications for two new digital banks and will recommend…
UAE announces first quantum computer to defend against cyberattacks
The UAE has announced the country’s first quantum computer and is also developing the first post-quantum cryptography (PQC) software library…
CBUAE issues guidances for its licensed financial institutions on anti-money laundering and combatting the financing of terrorism
The Central Bank of the UAE has issued two new Guidances on anti-money laundering and combatting the financing of terrorism…
Clyde & Co named International Law Firm of the Year in the Middle East
The recognition highlights the firm's exceptional growth in the Middle East and reinforces its leading position as the largest international…
Saudi wealth fund PIF leads investment in $800m Middle East infrastructure fund
The Public Investment Fund, Saudi Arabia’s sovereign wealth fund chaired by the Crown Prince, has agreed to commit up to…
Egypt’s Banque Misr applies on licenses to operate in Somalia, Djibouti, Kenya
Vice Chairman of Banque Misr Akef El Maghraby stated Sunday in IPAs Africa Forum 1 that the bank had applied…