Egypt: Faisal Islamic Bank’s consolidated drop 78.6% YoY in H1 2025
Faisal Islamic Bank’s consolidated net profits after tax and non-controlling interest plunged by 78.59% year on year (YoY) in the…
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Saudi fintech unicorn Tamara secures $2.4bn financing deal
Saudi Arabia’s buy-now-pay-later platform Tamara has announced a new asset-backed financing facility of up to $2.4 billion in a landmark…
Equity Group to Become First Kenyan Bank to Expand into UAE
Equity Group shareholders have approved the opening of a Representative Office in the United Arab Emirates (UAE), making Equity the…
Turkish Central Bank lowers key policy rate to 40.5%
The benchmark one-week repo rate was lowered from 43% to 40.5%, while the markets had expected a 200 basis point…
Doha Bank, Seviora ink MoU to expand investment opportunities
Doha Bank has signed a memorandum of understanding (MoU) with Singapore-based Seviora Holdings to tap new investment opportunities, broaden market…
Alex Chiniborch: Building wealth in an uncertain market
Alex Chiniborch works in a different kind of rhythm. As the founder of Alluca Group, he focuses on what lasts.…
FirstCape selects FNZ as it consolidates JBWere NZ’s wealth management platform and custodian
FirstCape has confirmed that it has selected FNZ as JBWere NZ’s consolidated wealth management platform and custodian. JBWere NZ…
King Hussein Business Park appoints Imad Matarneh as Chairman of the Board of Directors
King Hussein Business Park announced the appointment of Eng. Imad Matarneh as Chairman of the Board of Directors. Matarneh,…
SICO appoints Manuel Shaker Almutawa as Group Head of Fixed Income Asset Management
SICO BSC has announced the promotion of Manuel Shaker Almutawa to Group Head of Fixed Income Asset Management. “Manuel’s…
Jumeirah Bay tops Dubai as most expensive ultra-luxury neighbourhood
With an incredible Dh13,068 per square foot, Jumeirah Bay Island dominates the ultra-luxury market, greatly surpassing other affluent neighbourhoods, data…
Lombard Odier Middle East study: succession planning shortfalls emerge in next generation wealth transfer
New research from Lombard Odier reveals that fewer than 1 in 5 family businesses in the Gulf region have a…
Commercial Bank and TASMU Accelerator partner to champion Qatar’s startups
Commercial Bank has signed a Memorandum of Understanding (MoU) with TASMU Accelerator to strengthen the connection between banking and business…