NBK chosen as Kuwait’s main settlement bank by KCC
NBK’s proactive strategy and high level of operational readiness have reinforced its standing as a trusted partner of choice in…
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Qatar a key partner in international trade and investment
Qatar has solidified its position as a leading global trade hub and boosted its economic impact as a key partner…
Emirates Group achieves record profit of AED22.7 bln ($6.2bln) in 2024-25
The Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This…
Rothschild & Co adds new Client Adviser to its Wealth Management team in Dubai
Rothschild & Co’s Wealth Management business has announced the appointment of Rami Saad as a Client Adviser (Director) in Dubai,…
Sun Life to build SG family office team and expand in Middle East
Sun Life is zeroing in on Singapore family offices and plans to recruit a team with strong connections to the…
Mubadala Investment Company reports 2024 financial results
Assets Under Management grew to AED 1.2 trillion 10.1% annualized returns over the last five years Alongside G42, backed a…
Qatar banks' total assets grew 0.6% to reach QR2.074tn in March: QNBFS
Qatar banking sector total assets grew by 0.6% during March to reach QR2.074tn, driven by a rise in domestic assets,…
Saudi National Bank plans new sukuk
Saudi National Bank intends to issue SAR-denominated sukuk to boost its capital in line with the Basel III framework, the…
AI in the Middle East’s banking sector: Four Innovations and Impacts
Banks across the Middle East are adopting AI-driven innovations to tap into a wide array of benefits, including improved security,…
Qatar ‘multiple wallets’ announcement demonstrates focus on strengthening mobile payment sector
The Qatar Central Bank’s recent introduction of a “multiple wallets per mobile number” feature in the Qatar mobile payment (QMP)…
Tax-free Maldives financial centre ‘will not compete’ with Dubai and Abu Dhabi hubs
The Maldives International Financial Centre will not compete with the Dubai International Financial Centre, Abu Dhabi's ADGM or other financial…
Brown Advisory Opens First MidEast Office in Abu Dhabi
US investment management firm Brown Advisory has expanded in the Middle East with the opening of a new office in…