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…
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Global payments platform Adyen selects DIFC for its regional headquarters
DIFC selected as Adyen’s regional headquarters to serve the Middle East Adyen has a market capitalisation of €66.4 billion and…
Barwa Real Estate reports QR1.214bn net profit in 2020
Barwa Real Estate Group yesterday announced net profit attributable to the shareholders of the parent company amounting to QR1.214bn for…
Alijarah Holding to explore new investment opportunities
National Leasing Holding (Alijarah Holding) held its ordinary AGM online, yesterday. The General Assembly approved the Board of Directors’ recommendation…
How purpose-driven transformations help banks recover
The Covid-19 pandemic has made a profound impact on people and industry worldwide. In the case of banks, in addition…
Abu Dhabi records real estate transactions worth $20.14bln
The value of real estate transactions in Abu Dhabi in 2020 totalled AED74 billion, with 19,000 transactions being executed, including…
Investcorp appoints Head of Gulf Institutions Relationships
Investcorp has announced that Loai Alarayedh will lead its Institutional Gulf business as Head of Gulf Institutions Relationships. Loai…
Invesco looks at opportunities in Africa
Africa will be the investment story of the 21st century, says Invesco Invesco has announces the appointment of Gwendolyn Ansah…
National Bank of Bahrain B.S.C. reports a net profit of BHD 53.3 million
National Bank of Bahrain B.S.C. has reported a 44.0% decrease in its net profit attributable to equity shareholders to BHD…
New SME bank to help fill Kingdom’s financing gaps
Saudi Arabia’s decision to set up a bank dedicated to small and medium-sized enterprises has been welcomed by industry experts…
Saudi defense firms set for IDEX 2021
Saudi Arabian companies are preparing to participate in the International Defence Exhibition (IDEX 2021) in Abu Dhabi next week. …
Revealed: Arbuthnot shuts Dubai office as managing director exits
Arbuthnot Latham is to shut its Dubai office at the end of May, less than a decade after launch, Wealth…