SHUAA announces Senior Executive promotions
SHUAA Capital has announced the promotion of two of its senior executives. Ajit Joshi, Head of Public and Private Markets,…
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Franklin Templeton celebrates 20 years in the Middle East
Global investment management firm Franklin Templeton is celebrating 20 years of presence in the Middle East. The organisation with…
UAE adopts guidelines to combat money laundering and financial crimes
The National Committee for Combating Money Laundering and Financing of Terrorism and Illegal Organisations of the UAE adopted anti-money laundering…
UAE banks’ loan loss provisions surge 71.6% to $8.2bln
Banks in the UAE booked the biggest spike in loan loss provisions in the GCC with an increase of $3.4…
Walter Jopp says some UAE advice firms ‘will not survive’
The UAE advice market will adapt to the game-changing, commission capping regulation that is BOD49 through consolidation in the sector,…
Banque Misr achieves LE 24B in profits in FY 2019/20
Banque Misr achieved LE 24 billion in profits, before tax deduction, in fiscal year 2019/20, 40 percent up from previous…
Kuwait court orders pre-trial detention of former premier, newspapers say
Kuwait's ministerial court ordered the pre-trial detention of former prime minister and ruling family member Sheikh Jaber al-Mubarak al-Sabah in…
Israeli regtech AML firm ‘considers public listing’ ahead of expected AI boom
Israeli cyber security firm ThetaRay is considering listing on the stock market following an increase in the valuation of regtech…
Walter Jopp says some UAE advice firms ‘will not survive’
The UAE advice market will adapt to the game-changing, commission capping regulation that is BOD49 through consolidation in the sector,…
How investors' confidence has been renewed as coronavirus recovery continues
Investors’ risk appetite has been renewed as coronavirus recovery continues and is on the rise as the financial market, altered…
Dubai’s Alabbar to lead new digital-only UAE bank
Dubai businessman Mohamed Alabbar is to lead a new digital bank set to be launched soon in the UAE. …
Saudi female elected first president of Digital Cooperation Organization
Saudi Arabia was elected president of the Digital Cooperation Organization (DCO) and Saudi national Deemah Alyahya was appointed the first…