Succession planning in the Middle East
While Middle Eastern nations hold traditions close to heart, there are increasingly new considerations influencing how (U)HNW families and their…
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Fintech and Wider Financial Services Regulation with Dubai Financial Services Authority
This month The Fintech Times celebrates regtech and the advancements of the fintech ecosystem. Looking at the Middle East and…
Are GCC families leading or lagging in sustainable investing?
By 2030, the world’s wealthiest are due to transfer $15 trillion of private wealth to their heirs, the next generation…
Slow Gulf economic recovery to have long-lasting impact on banks – S&P
Economic recovery from the coronavirus crisis in the oil-rich Gulf region will be slow, weighing on the region's banking sector,…
Pent-up Middle East demand for London property will be 'unleashed' by summer
London property agents are expecting a rush of Arab property investors as soon as international restrictions are lifted. A…
Abu Dhabi’s Aldar offers to buy majority stake in Egypt’s SODIC real estate company
Abu Dhabi’s Aldar is leading a consortium that is offering to acquire a majority stake in SODIC, one of Egypt’s…
UAE’s economy shows remarkable ability to overcome virus impact
In 2020, the UAE’s economy showed a remarkable ability to overcome the impacts of the coronavirus pandemic, with the Central…
Murex, DDCAP platform integration for Islamic finance
Murex is partnering with DDCAP to streamline booking and processing of Sharia compliant transactions by financial institutions worldwide. Murex’s MX.3…
Dubai’s DIFC Investments full-year profit declines 74%
DIFC Investments, controlled by Dubai’s tax-free business hub, posted a 74 per cent drop in profit. Full-year profit net…
Israel's Bank Hapoalim moves to fourth quarter profit, sees economic uncertainty
Bank Hapoalim, Israel’s largest lender, swung to a profit in the fourth quarter and said on Thursday loan deferments made…
Saudi Arabia, Germany in landmark alliance on green hydrogen
Saudi Arabia and Germany have launched a landmark energy partnership to help implement the goals of the Paris Agreement on…
Renaissance Services secures funding for expansion of workers’ village
Oman-based Renaissance Services has announced that it has secured funding worth $82 million for the expansion of its workers’ village…