Saudi Arabia’s shining beacons of prosperity
Former US senator Daniel Patrick Moynihan is quoted as saying that if you want to build a great city, you…
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African pension funds look to Dubai to invest capital
In Africa, there has been the emergence of an ecosystem around pension funds. A recent institutional investor study estimated…
Bahrain Development Bank announces successful close of $100mln venture capital fund of funds to support Middle East startups
Bahrain Development Bank (BDB) announces that the Al Waha Fund of Funds has successfully closed its US $100m fundraising round,…
Middle East Legal Awards 2018 – Banking, Finance and Restructuring Team of the Year: Stephenson Harwood
Finalists: Afridi & Angell; Al Tamimi & Company (Highly Commended); Baker McKenzie; Clyde & Co; Dentons; Eversheds Sutherland; Shearman &…
UAE regulator asks listed companies to declare exposure to Abraaj
United Arab Emirates’ top securities regulator has asked UAE-listed companies to declare their exposure to Dubai-based private equity firm Abraaj,…
Former Ferrari chairman di Montezemolo mulls new project in Abu Dhabi
The Italian entrepreneur Luca Cordero di Montezemolo is considering the launch of a cultural project in Abu Dhabi that will…
Here’s what you need to know about the new UAE banking fee regulations
Have you ever felt confused by all the fees attached to your bank account? We don’t blame you. Between all…
Robo Advice and beyond. What are the gains?
Regulatory changes and the emergence of digital entrants into the wealth management space have indeed affected the industry in several…
Egyptian broker to expand regional coverage as it eyes super rich
Egypt-based broker EFG-Hermes, which operates a stockbroking unit in Kenya, is set to expand its research coverage and investment banking…
Emirates Islamic appoints new CEO as profits soar
UAE-based Emirates Islamic has announced the appointment of former Emirates NBD senior executive Salah Amin as its new CEO. …
Barwa Bank and International Bank of Qatar in advanced merger talks
Qatari lenders Barwa Bank and International Bank of Qatar are in advanced talks to merge after discussions for a three-way…
ADGM: Building the Future
The Middle East, in the last decade, has reaffirmed its role as an important financial and trading region, connecting the…