Head of former $1bn Abraaj healthcare fund resigns
Khawar Mann, the CEO of the $1bn healthcare fund previously managed by Dubai-based private equity firm Abraaj, has resigned "to…
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SHUAA Capital progressing with potential combination with ADFG; releases Q1 2019 earnings
SHUAA Capital confirms it is progressing with its potential transaction with ADFG through a strategic investment structure where-in the combined…
NBK wins global best innovation for real time payment tracker
National Bank of Kuwait was awarded the excellence in banking innovation for payment services by Global Finance Magazine, during its…
Standard Chartered launches the world’s first Sustainable Deposit
Standard Chartered has launched the world's first sustainable deposit – a product for corporate and institutional clients, the funds from…
UAE makes plans for expat retirement benefits fund
The UAE’s Federal Authority for Government Human Resources has begun moves to develop a new fund-based system for expat workers…
Drowning in credit card debt in UAE? Expert tips to use credit cards to your advantage
Does a credit card always leave you with a debt or a liability? Popular opinion in the UAE is that…
GFH Q1 net profit dips 41.4pc to $21.36m
Bahrain-based GFH Financial Group (GFH) has posted a net profit of $21.36million for the first quarter (Q1) of the year…
UAE's Finablr shares down as much 5% after London market debut
Shares in payments and foreign exchange company Finablr slipped in early trading on Wednesday, falling by as much as 5%…
DAMAC's first-quarter profits drop 94% as Dubai property market slumps
Property developer DAMAC Properties reported a 94% drop in first-quarter net profit on Wednesday, its smallest since going public in…
UAE bank Liv. is giving away a private island
Ever wanted to sprawl out on your own private island? Well here's your chance. Digital-only lifestyle bank Liv. by…
Zurich: Swiss insurer looks to gain bigger share of region's life industry
Swiss insurer Zurich has big ambitions - it wants to be leading provider of life insurance products in the region.…
ArgoGlobal expands Asia Pacific and Middle East A&H offering with TMK hire
Lloyd's insurer and member of Argo Group, ArgoGlobal, has hired TMK's Zachary Tan as accident and health underwriter to further…