Daman restructures UAE IPO Fund to tap retail demand
Daman Investments has restructured its UAE IPO Fund to allow retail participation, lowering the minimum subscription to AED 1,000 as…
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Oman’s bank lending grows 8.9% in July, deposits increase by 6.1%
Total outstanding credit extended by Oman’s banking sector grew by 8.9% year-on-year to reach RO34.1bn at the end of July…
Saudi-listed Elm renews $133mln credit facility with Al Rajhi Bank
Elm Company has renewed a Shariah-compliant credit facility agreement of 500 million Saudi riyal ($133.32 million) with Al Rajhi Bank.…
World Nears Quarter Million Crypto Millionaires in Historic Wealth Boom
The ranks of crypto millionaires have surged to an unprecedented 241,700 individuals worldwide, according to the newly released Crypto Wealth Report…
Citi Wealth releases 2025 Global Family Office Report
Top Priorities: Portfolio Resilience, Navigating Global Trade Disputes and Addressing Family Needs The region with the highest proportion of…
Walkers Professional Services strengthens fiduciary services offering with two senior hires in the Cayman Islands and Dubai
We have strengthened our fiduciary services offering in the Cayman Islands and Dubai with the arrival of David Hogan as…
SNB Launches New SME Financing platform with Tarabut and Geidea
Saudi National Bank (SNB), the Kingdom’s largest financial institution, today announced plans to launch a first-of-its-kind Point-of-Sale (POS) lending solution…
ADCB names Standard Chartered CDO Shameek Kundu as chief AI officer
Abu Dhabi Commercial Bank in the UAE has appointed Standard Chartered veteran Shameek Kundu as chief AI officer following the…
The financial sector in Saudi Arabia: A decade of achievements
At a recent meeting with the governor of the Syrian Central Bank, Dr. Abdulkader Husrieh, during his visit to Riyadh,…
Oman’s bank lending grows 8.9% in July, deposits increase by 6.1%
Total outstanding credit extended by Oman’s banking sector grew by 8.9% year-on-year to reach RO34.1bn at the end of July…
EFG Hermes KSA Completes Advisory on the IPO of Jamjoom Fashion the Company behind the Nayomi and Mihyar brands on Nomu
EFG Hermes, an EFG Holding company, and the leading investment bank in the Middle East and North Africa (MENA) region,…
Knight Frank appoints James Wrenn to lead dedicated Hotel & Leisure Capital Markets division
Global property consultancy Knight Frank has appointed James Wrenn to lead the firm’s dedicated Hotel & Leisure Capital Markets division…