Saudi Arabia, Oman most exposed to diminishing fiscal uplift from SWF buffers
The impact of the coronavirus pandemic on oil demand and prices has increased gross funding requirements for sovereigns across the…
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Tikehau Capital appoints Senior Advisor
Alternative asset management group Tikehau Capital has appointed Hassan Karimi as Senior Advisor in the Middle East Region. Based…
The Family Office Launches Its Digital Platform
The Family Office Company has announced the launch of its proprietary digital platform, which is accessible through a dedicated client…
Russell Reynolds Associates appoints Nic Cutts to its leadership and succession practice
Russell Reynolds Associates, a global leadership advisory and search firm, today announced that Nic Cutts has joined the firm's Leadership…
UAE foundations: so much more than succession planning
Families are increasingly becoming more complex, internationally mobile and aware of the transition of wealth between generations. Therefore, owing to…
FAB partners with Mastercard to enhance commercial payments for UAE businesses
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has…
National Commercial Bank issues board circular for planned merger with Samba
National Commercial Bank (NCB) issued today, Feb. 9, a circular addressed to its shareholders with respect to the planned merger…
National Commercial Bank net profit rises 0.3% to $3.04bn for 2020
National Commercial Bank (NCB) reported net profit of SR 11.4 billion ($3.04 billion) for 2020, up 0.3 percent year-on-year (YoY),…
Dukhan Bank adds Fitbit Pay, Garmin Pay to D-Pay platform
During Qatar National Sport Day celebrations, Dukhan Bank, Qatar’s leading banking player, announced the launch of Fitbit Pay and Garmin…
Egypt sells international bonds worth $3.75bn
Egypt has sold international bonds worth $3.75 billion, with the Finance Ministry reporting a positive response from the market. …
Dollar losses to continue during next 2 years: National Bank of Kuwait exec
The dollar price has become a safe haven since the start of the pandemic, head of the National Bank of…
Mashreq reports Dh1.3 billion net loss in 2020
Mashreq, one of the leading financial institutions in the UAE, has reported a net loss of Dh1.3 billion in 2020…