EFG Hermes advising on $500m M&A deal in Saudi Arabia, more in pipeline
Egypt’s EFG Hermes is working on a $500m merger and acquisition in Saudi Arabia and expects more deals to come…
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Bahrain signs MoU with Maharashtra government to promote fintech
Fintech biz is gathering momentum than expected. In a bid to promote Bahrain as financial tech hub, the Middle Eastern…
Bahrain Economic Development Board announces the launch of Beehive Bahrain
The Economic Development Board of Bahrain and Beehive has announced the launch of Beehive, a debt-based crowdfunding platform, in Bahrain…
Abu Dhabi's ADGM invites applications for its regulatory sandbox
Abu Dhabi Global Market, the capital’s international financial hub, is receiving applications for the fourth cohort of its regulatory sandbox,…
Recruiters, Credit Card Firms Topped Worst Reputable Companies List in UAE
Recruitment companies (24 per cent) and credit card firms (18 per cent) topped a list of entities having the worst…
Dubai Islamic Bank and DEWA sign agreement to provide preferential profit rates on DEWA Store for financing electric vehicles
Dubai Islamic Bank, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance…
UAE bank hires former StanChart senior exec as new CEO
UAE-based United Arab Bank has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO. The appointment,…
GCC expats are demanding more from their financial advisers: survey
The ninth edition of the Middle East Investment Panorama, published by consultancy Insight Discovery, has identified three key ways in…
Report: Iran merges military-affiliated banks
Iran's official IRNA news agency says the Central Bank has merged four banks and a credit union to reform the…
Middle East fintech investments make up just 1% of global total – Bahrain Fintech Bay CEO
The Middle East currently has a minor share of investments in financial technology worldwide, but recent developments in several regional…
Manara starts Investment Gateway – Bahrain Phase Two work
Manara Developments, a leading real estate development company, said it has started work on Phase Two of Investment Gateway –…
Fintech P2P SME Lending Platform, Beehive, Raises Further $4m Investment as Part of a Series B Round
* Riyad TAQNIAFund provide follow on investment * Investment will drive GCC and SE Asia expansion * Approaching $100 million…