Banking on green investment to drive climate action
As big oil’s economic grasp is loosened amid volatile market dynamics and the ongoing global pandemic, unsustainable business models and…
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Global Business Forum roadshows identify new business opportunities in African markets
Dubai Chamber of Commerce and Industry announced that it has concluded a series of six Global Business Forum virtual roadshows,…
HSBC appoints CEO for the Middle East region
Stephen Moss is to be HSBC's CEO for the Middle East, North Africa and Turkey (MENAT) region, the global bank…
Gulf Islamic Investments announces €250 Million acquisition of state-of-the-art office towers in Paris
-The acquisition places Gulf Islamic Investments on track to achieving a total AUM of $3 billion by end of 2021 …
Qatar- Commercial Bank wins two major Euromoney awards
In its annual Private Banking and Wealth Management Survey, international magazine Euromoney has recognised Commercial Bank's continuous commitment to technology…
CBZ chair punts agritech, mining in push for UAE investment in Zimbabwe
Zimbabwe is ripe for Middle Eastern investment in mining, agritech and financial technology, according to the chairman of CBZ Holdings,…
Bank of Israel encourages participation in hackathon on the use of ISO 20022 for x-border payments
The Bank of Israel’s Payment and Settlement Systems Department encourages payment system operators, banks, payment service providers, and fintech companies…
Egypt: Central Bank Offers $820 Million Worth of Treasury Bonds
Egypt is offering treasury bonds worth EGP13 billion ($820 million) in a bid to finance the country’s budget deficit. …
Jadwa Investment launches mezzanine financing fund
Jadwa Investment, Saudi Arabia’s leading investment management and advisory firm, announced Monday the launch of its first closed-ended mezzanine financing…
Masraf Al Rayan gets shareholder’s nod to raise sukuk size to $4bn
The Ordinary General Assembly of Masraf Al Rayan has approved distribution cash dividend of QR0.170 per share, representing 17 percent…
How will the new trusts law change the UAE advice sector?
On 10 February 2020, the UAE Ministry of Finance (MOF) unveiled its trusts law, announcing that it will help increase…
UAE Ministry of Economy extends anti-money laundering compliance date for four business categories
The UAE’s Ministry of Economy has extended the grace period until March 31 for certain business categories to be in…