M&A activity in insurance sector set to soar in 2021
Mergers and acquisitions activity will surge in the insurance sector in first half of 2021, given the volume of deals…
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Sovereign reshapes middle east management to deliver a focus on growth in the region
Sovereign Middle East has announced changes to the boards of its Dubai, Bahrain and Saudi Arabia offices that are designed…
Bank ABC announces 2020 results
Strong Underlying Operating performance despite market factors resulted in underlying Net Operating Profit of $282 million before provisions Group progressing…
Saudi Arabian banks' retail rush to continue
Fitch Ratings expects retail lending to remain a high-growth segment in Saudi Arabia as banks' appetite of recent years remains…
Abu Dhabi unveils investor visa
Abu Dhabi has rolled out visas for expat professionals, students and investors in a bid to develop the emirate’s culture,…
Private jet operator looking to swoop into Middle East market
Private jet company Wheels Up has identified the Middle East region as a key area of growth. The US-based…
Dubai private wealth tops $517bn as UAE attracts rich with 'safe haven' status
Total private wealth held in Dubai is estimated at $517 billion as 35,000 high net worth individuals (HNWIs) are thought…
BNP Paribas appoints Head of Middle East & Africa
BNP Paribas has appointed Amine Bel Hadj Soulami as Head of BNP Paribas, Middle East & Africa, succeeding Jacques Michel…
Bahrain's Bank ABC focuses on fees, eyes new markets for digital bank
Gulf banks face a tough year and the pandemic is spurring lenders to introduce digital services more rapidly, a top…
Commercial Bank launches Tap N’ Earn campaign
Commercial Bank, Qatar’s leading innovative digital Bank, has launched “Tap N’ Earn”, an exciting campaign encouraging CB customers to pay…
CMA approves subscription results of Oman REIT Fund
The Capital Market Authority (CMA) announced the approval of the results of subscription of Oman REIT Fund. Nearly 49,943,500 units…
Saudi British Bank appoints Tony Cripps as CEO; David Dew resigns
Saudi British Bank (SABB) has appointed Tony Cripps as the new managing director, chief executive officer and board member, effective…