GCC banks to maintain stable financial profiles in 2020
According to the World Bank, growth across the Gulf region is expected to increase from two per cent last year…
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Indosuez Wealth Management hosts its 2019 Middle East Investment Conference
Indosuez Wealth Management hosted its 2019 Middle East Investment Conference at the Mandarin Oriental Jumeira hotel in Dubai yesterday. Senior…
Net private wealth in Lebanon at $232.2B
The total net wealth of Lebanese citizens has increased by 4.6 percent to $232.2 billion at the end of June…
Bahrain's Investcorp inks deal to target Chinese tech investments
Bahrain–based Investcorp and China Everbright Limited have announced they are combining their investment teams to target the Chinese technology sector.…
UAE economic outlook stable, structural reforms to drive growth
National Bank of Kuwait said that the UAE’s economic outlook remains stable, despite a slowing global economy, trade disputes as…
Modus Capital Launches MODUS MENA VENTURE FUND I, a USD $75 Million Fund Targeting Early and Growth Stage Companies
Modus Capital has announced the launch of its first regional fund, MODUS MENA VENTURE FUND I. The versatile fund…
Egypt- Issuance of executive regulation for e-payments law within weeks: CBE
The executive regulation of e-payments law will be issued within the next few weeks, the Central Bank of Egypt Deputy…
Egypt's SWF capital to increase by 5-fold to EGP 1trn
The government plans to increase the capital of Egypt's Sovereign Wealth Fund by fivefold from EGP 200bn to EGP 1trn…
Saudi Arabia remains a bastion of economic stability
It is no secret that the Kingdom has been subjected to a concerted negative media campaign over the past year.…
Sharjah Islamic Bank Launches ‘Commodity Murabaha’ Service in Cooperation With DMCC
Sharjah Islamic Bank has recently launched a Sharia’ a compliant ‘Commodity Murabaha’ financing solution for its Corporate Banking customers, in…
"kfh" signs cooperation agreement with "Al-Yousifi & sons company"
Kuwait Finance House had signed a cooperation agreement with "Easa Husain Al-Yousifi & Sons Company", offering financial benefits and solutions…
CIBAFI & Ivey Business School launched this morning the 5th series of their joint Executive Programme
The General Council for Islamic Banks and Financial Institutions and Ivey Business School continue their fruitful cooperation and successfully launched…