Kuwait bourse gains in early trade, other Gulf markets firm
Kuwait's stock market registered moderate gains early on Monday as investors awaited results from global index provider MSCI's semi-annual review…
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ila Bank launches a travel campaign
ila Bank, Bahrain’s fast growing digital, mobile – only bank, has launched a travel campaign for its user community. …
Egypt expects 3.3% economic growth in 2020/21 fiscal year
Egypt expects its economy to grow by 3.3% in the financial year that began in July, but growth could range…
Mubadala Leads $700 Million Funding for US Start-Up
Abu Dhabi's Mubadala Investment Company has led a $700 million funding round for Reef Technology, a US-based mobility, logistics and…
Oliver Elirani and April Lincoln launch consulting firm Ollen Group
A “siloed, non-personalised” approach to consulting is “no longer viable” in the wake of Covid-19, according to the founders of…
Mashreq Bank's nine-month 2020 net profit down to Dh352m from Dh1.76b
Mashreq Bank saw a sharp drop in net profit for the first nine months of 2020 to total Dh352 million,…
Surge in high net worth Gulf nationals in the UK
High net worth individuals from Gulf countries have been increasingly moving to the UK, according to private wealth law firm…
Praemium doubles down on Dubai
Managed accounts platform Praemium is set to increase headcount in the UAE by 50%. The Australia-headquartered firm is growing…
A partnership between Mashreq and Dubai Commodities to support growing companies
Mashreq Bank and Merchandise Center in Dubai announced the signing of a cooperation agreement to enhance support for small and…
Saudi Aljazira Takaful reports 14% profit decline in Q3
Aljazira Takaful Taawuni Company reported on Sunday a 13.8% annual slump in quarterly profits to SAR 7.9 million. This…
Dubai's private sector output slips to a five-month low in October, IHS Markit finds
Private sector activity in Dubai dropped to its lowest point in five months during October, hampering economic recovery from the…
Saudis targeted in new wave of financial scams
Convincing-looking fraudulent messages and misleading online adverts are rife in the digital world, so it is not surprising that some…