Dubai's DIFC registers three-fold increase in fintech firms since 2018
The Dubai International Financial Centre reported today it has registered more than 100 fintech companies, with the number rising three-fold…
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Trust Re announces formation of new Executive Committee
Bahrain domiciled reinsurer, Trust Re has announced the formation of its new Executive Committee, which is part of the firm’s…
Kuwait hosts economic policy makers
The Central Bank of Kuwait will host a group of policymakers, executives in the banking sector, economists and financial technology…
Aramco pursues IPO plans despite doubts
Saudi Aramco is pressing ahead with its listing plans this week, although some investors and analysts doubt it can now…
UBS Dubai Wealth Management Head Resigns
Swiss bank UBS has lost its head of wealth management and its senior executive officer for its Dubai branch. The…
KAMCO shareholders approve draft merger contract and capital increase in shares allocated to Global shareholders
KAMCO Investment Company, announced that its shareholders have approved all matters pertaining to the draft merger contract between KAMCO and…
Bahrain mandates banks for dual-tranche transaction – document
Bahrain has mandated banks for a dual-tranche dollar-denominated bond issue, which would be its first since it obtained a $10…
KT For Good: All that glitters is not always gold
Gold has no intrinsic value other than the worth we humans have attached to it. It sure looks pretty when…
Exclusive: UAE still a ‘dynamic’ property market … Here’s why!
At a time when the general business sentiment in the property market is gloomy due to the evident oversupply and…
Dubai Cultiv8 invests in FinTech startup Wahed Invest in a multi-million dollar deal
Dubai Cultiv8 Investments has announced a multi-million dollar investment in Wahed Invest through its USD 100 million Technology Fund. …
UAE investors to inject $10bn in Bangladesh economic zones
UAE-based investors have lined up several new projects including five free economic zones worth $10 billion in Bangladesh, the plans…
Safe Haven ETFs to Grab Amid Middle East Tensions
The latest attacks on Saudi Arabia’s major crude facilities have made jittery investors resort to safer bets. The series…