Lootah Real Estate Development appoints Chief Executive Officer
Lootah Real Estate Development has appointed Raja Alameddine as the company’s new CEO. Raja will be responsible for leading…
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Dubai's Shuaa Capital records highest Q1 profits in a decade
Looking ahead to Q2, Shuaa is looking towards a 'healthy pipeline of activity and deals across the platform, including some…
How Saudi Arabia is likely to fund its Vision 2030 ambitions
Saudi Arabia's debt capital market is set to take on a larger role in financing Vision 2030, the Gulf kingdom's…
HSBC issues first green mortgages in the UAE
HSBC has issued the first green mortgages in the UAE, heralding a significant moment for the country’s housing market, future…
Kamco Invest reports net profit for the first quarter of 2021
Total revenue increased to KWD5.2mn The Company reduced its total liabilities by KWD0.9mn, a reduction of 1.3% General and administrative…
DIFC Courts boosts 'paperless' mission withadoption of electronic seal 'Ethaq'
DIFC Courts becomes first Dubai entity to adopt Ethaq UAE PASS is a jointinitiative between the Telecommunications and Digital Government…
Abu Dhabi IHC's subsidiary acquires stake in U.S. digital media platform Firefly
Multiply Marketing Consultancy, a fully-owned subsidiary of ADX-listed International Holding Company (IHC), has acquired a stake in US digital media…
More than 51% of traded constituents make gains on QSE
The Qatar Stock Exchange Thursday saw more than 51% of the traded constituents make gains although it treaded a flat…
Consumer appetite in MENA for digital payments takes off: Mastercard
As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and…
The Middle East and Africa's 30 largest banks by assets, 2021
Qatar National Bank remained the largest bank by assets in the Middle East and Africa region for the sixth consecutive…
Shuaa Capital sells 20% stake in Abu Dhabi utility company
Dubai-based investment bank Shuaa Capital sold its 20 per cent equity stake in the Mirfa International Power and Water Company…
World's Best Islamic Financial Institutions 2021
The last year wasn’t an easy year for anyone. Lockdowns dampened economic activity to the point that GDP fell nearly…