UAE is home to 59 billionaires with combined wealth of $201 billion
The UAE’s billionaire population accounted for about 1.4 per cent of the global total of 3,795 billionaires, while their combined…
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Hitesh Motwani appointed CEO of InsuranceMarket.ae as founder Avinash Babur moves to Chairman role
InsuranceMarket.ae has appointed Hitesh Motwani as Chief Executive Officer following regulatory approval from the Central Bank of the UAE, marking…
Qatar: Office market signals resilience buoyed by long-term corporate leases
Qatar’s commercial office real estate sector has demonstrated notable resilience in the face of recent regional geopolitical friction, driven by…
Saudi fintech lending to industrial projects jumps 130% in H1
Financing provided by Saudi fintech companies to industrial projects surged 130 percent in the first half of 2026, reaching a…
UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports
The powerful United Arab Emirates official known as the “spy sheikh” is behind the largest stake in the holding company…
Anthropic names Bain & Company a Global Premier Partner for Claude
Earlier this summer, Bain & Company was named an Elite Partner of OpenAI – the highest tier in its partner…
Egyptian Exchange leads Arab markets with 56.9% market cap growth in June 2026
The Egyptian Exchange (EGX) has topped Arab stock markets in June 2026, with a growth in market capitalization of 56.9%…
Visa tests first live international transaction in Syria
Visa has tested its first live international transaction in Syria, working with Fransabank Lebanon and Paymera. The test was…
Kuwait banks seek to extend customer complaint processing deadline to 6 working days
Local banks are seeking to change how the deadline for processing official customer complaints is calculated, effectively giving them an…
AVEVA announces appointment of new Chief Revenue Officer, Brock Ballard from 1 October 2026
AVEVA has announced the appointment of Brock Ballard as Chief Revenue Officer effective 1 October 2026. Brock joins the team…
PGIM bolsters secondaries platform with senior Middle East hire
PGIM has expanded its secondaries platform, Montana Capital Partners (MCP), to the Middle East. MCP is the secondaries investment group…
Egyptian pound recovers closer to EGP 50/$1 at Wednesday’s COB
Banks in Egypt will be closed on Thursday, 27 August, an official public holiday to mark Moulid El-Nabi. The…