ADIA looks to Africa for new investment opportunities
Abu Dhabi Investment Authority, Abu Dhabi, is exploring opportunities for investment in Africa and continues to view China and India…
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Is Bahrain the next big Middle East advice market?
There is a vast sum of wealth in the Middle East and, subsequently, a need for a strong financial advice…
Cyber risk is new threat to financial stability: IMF
The number of cyberattacks worldwide has tripled over the last decade and financial services continue to be the most targeted…
Egypt promotes comprehensive plan to confront overpopulation
Egypt has recently adopted a comprehensive strategy to control the population growth that poses huge pressure on the country’s resources…
Bahraini ministry plans to replace expats by 2024
Bahrain’s Ministry of Works and Municipality Affairs plans to replace its foreign employees with citizens by 2024, a senior official…
Citigroup appoints first female head of Middle East and North Africa operations
Citi has announced that Elissar Farah Antonios as Head of the MENA Cluster. As MENA Cluster Head, Elissar will assume…
Five key stages for developing the tourism sector across the Middle East
Despite the disruption of the Covid-19 pandemic, tourism remains a significant long-term opportunity for the GCC countries and Egypt. …
Egyptian banks' assets, reserves abroad jump 90% in 7 months
The Egyptian banks' assets and reserves abroad jumped 90% by the end of November to record $19.2 billion compared to…
Family businesses surprisingly positive in the wake of Covid-19
Family businesses in the Middle East have turned their attention to life beyond Covid-19, signaling a “surprising” level of optimism…
Experts welcome Saudi Public Prosecution’s push to keep capital markets fair, honest
Saudi Arabia’s Public Prosecution has hammered home the message to traders that it is against the law to create a…
GCC Islamic banks' pressured asset quality and earnings; stable capital and liquidity
The 2021 sector outlook for Gulf Cooperation Council Islamic banks is stable, reflecting a modest expected economic recovery, Fitch Ratings…
Emirates NBD makes mobile banking app available on Huawei AppGallery
Emirates NBD, has announced that its Mobile Banking App is now available on the HUAWEI AppGallery, providing customers with added…