Dubai’s Homebuilders Discover Tokens
For a long time, Dubai’s rise as a blockchain hub stood in contrast to its real estate market of steel…
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Shareholder in UAE's biggest bank FAB seeks to raise $480mln from secondary offering
A shareholder of First Abu Dhabi Bank (FAB), the UAE's biggest bank by assets, is offering around $480 million worth…
QIB Named Islamic Bank of the Year in the Middle East by The Banker
Qatar Islamic Bank has been named Islamic Bank of the Year in the Middle East by The Banker (Financial Times…
GCC bank consolidation may accelerate amid lower oil prices
Consolidation among GCC banks may gather pace if lower oil prices increase competitive pressure in the region, according to Fitch…
Kuwait Real Estate and IFA sign AED 198mln agreement with Darwish Engineering
Kuwait Real Estate Company, in collaboration with its subsidiary IFA Hotels and Resorts, has announced the signing of a…
United Arab Bank launches strategic Rights Issue to raise up to $280.4mln
United Arab Bank PJSC (UAB), listed on the Abu Dhabi Securities Exchange (ADX) announced that it proposes to increase its…
The role of credit data in enhancing ICV in Oman
The Sultanate of Oman is undergoing a significant economic transformation, driven by its Vision 2040 strategy that emphasizes diversification, innovation,…
Dukhan Bank announces launch of major promotional campaign in partnership with Visa
Dukhan Bank has announced the launch of a major promotional campaign in partnership with Visa, a global leader in digital…
HAYAH lowers entry to savings solution for UAE residents
HAYAH Insurance Company, the Abu Dhabi-headquartered provider, has expanded access to its Simple Saver online solution, by making it accessible…
UAE halts hike in minimum bank account balance until further notice
The UAE Central Bank ordered all banks to halt planned hikes to the minimum balance requirement for personal accounts on…
Claritev appoints Mohamed Ramzy as SVP and General Manager, International to lead geographic expansion
Strategic leadership and operational collaboration underscore Claritev’s commitment to growth in the Middle East and international business development outside the…
Global private equity dealmaking slows down amid headwinds
Global private equity dealmaking started to slow down in the second quarter of the year amid uncertainty and recent turmoil…