Michael Bloch leaves McKinsey to launch non-profit consultancy
Having served McKinsey & Company for over two decades, senior partner Michael Bloch has retired from the partnership to co-launch…
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Swiss authorities ask Lebanon to co-operate on central bank probe
Swiss authorities have opened an investigation into money transfers by Lebanon’s central bank Governor Riad Salameh, a Lebanese government official…
Al Baraka Islamic Bank announces new scheme with over BD1 million in cash prizes
Al Baraka Islamic Bank has launched in January 2021 with prizes amounting to more than BD1,000,000 for more than 600…
Saudi Arabia appointed chair of World Bank audit committee
Members of the World Bank Group executive board have unanimously selected Saudi representative Abdulmuhsen Al-Khalaf as chair of the group’s…
Lebanon notified of probe into central bank chief
The Lebanese judiciary has received a request for assistance from Switzerland over an investigation into money transfers allegedly made by…
Bahrain is latest Gulf state to tap bond markets
Bahrain has started marketing a three-tranche dollar bond to help plug one of the widest deficits in the region. …
Kuwait's IFA Holdings to sell 17.4mln treasury shares
Kuwait’s International Financial Advisors Holding Company (IFA) is set to put millions of treasury shares up for sale. In…
UAE to see sharp recovery this year: FAB report
The UAE is likely to see a V-shaped recovery this year, as the economy emerges from the impact of the…
Matthew Lewis leads Russell Reynolds Associates in Dubai
Global leadership advisory and search firm Russell Reynolds Associates has installed a new leader in its Dubai office. Russell…
Saudi Arabia tops 2020 list of UAE export markets
Saudi Arabia was the UAE’s top export market last year, with exports and re-exports from the emirates to the Kingdom…
Ithmaar says advisors start work on sale of Bahrain banking ops to BBK
Dubai-listed Ithmaar Holding has announced that its advisors have started preparations for the potential sale of the Bahrain operations of…
Coinbase Invests in Middle Eastern Crypto Exchange Rain Financial
Middle East Venture Partners was the lead investor, with other participants, including Coinbase, Vision Ventures, and DIFC Fintech Fund. Rain…