HSBC sees doubling of commercial bank’s MENA profit by 2023
China’s Belt and Road Initiative and plans by Gulf economies to diversify from oil will help HSBC to more than…
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UAE jumps 10 places in World Bank's ease of doing business list
The UAE climbed 10 spots to 11th place in the World Bank’s annual ease of doing business ranking, following a…
Banque Misr’s CSR contribution amounted to EGP 700m in last FY: Chairperson
Banque Misr’s contribution to social responsibility during the last fiscal year 2017/18 amounted to EGP 700m, up from EGP 30m,…
The UAE wants the world’s money — but only if it is clean
While the UAE wants the world to put its cash into the country, it is becoming increasingly choosy where that…
Saudi Arabia ranks 4th among G20 in reforms
Saudi Arabia ranked fourth in terms of the number of reforms that would contribute to improving business environment at the…
Cambridge Associates Appoints Global Head of Private Client Practice
Cambridge Associates has announced Mary Pang, a wealth management leader with global experience, has joined as Global Head of its…
SEI appoints Ian Love as Head of Institutional Group EMEA and Asia
SEI has appointed Ian Love as head of the company’s Institutional Group EMEA and Asia. Love, a managing director and…
BECO Capital Gets $15 Million From IFC To Back Regional Startups
The International Finance Corporation is investing a total of $15 million into a pair of investment funds managed by Dubai’s…
Abu Dhabi said to be in talks to create two banks in three-way merger
Abu Dhabi’s merger of three state-linked banks is set to create two new lenders, according to people with knowledge of…
Bank Audi consolidated activity highlights as at end-September 2018
Sustained profits growth US$ 410 million of net profits in 9M-18, increasing by 20% over the same period of…
Kuwait bourse to set up VC platform to finance startups
The Kuwait Stock Exchange plans to set up a venture capital market to attract and support the country’s growing startups,…
Al Sudairy named CEO of NBK Wealth Management
The Board of NBK Wealth Management has announced the appointment of Musaad Al Sudairy as Chief Executive Officer of NBK…