GIB is Granted Approval to Become A Local Bank in Saudi Arabia
Gulf International Bank (GIB or the Bank) expresses its gratitude and appreciation to the Custodian of the Two Holy Mosques,…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47780 articles available
UAE SCF platform gets investment from ex-Citi CEO
Invoice Bazaar, a Dubai-based fintech start-up, has received an investment of an undisclosed amount from Shirish Apte, former CEO and…
Bahrain to launch national e-wallet by June
The Central Bank of Bahrain (CBB) has announced that it is working closely with BENEFIT to launch the first phase…
Aldar revenue in Q1 increases 28% on development sales
Abu Dhabi developer says it sees growth opportunities in the middle-income market Aldar Properties, Abu Dhabi's leading property developer, reported…
Saudi billionaire family to hire HSBC for health water IPO
Saudi Arabia’s billionaire Olayan family, which runs one of the nation’s biggest conglomerates, is planning an initial public offering of…
Forex firm shut down for fraud reopens in same building
Nearly five years after it was shut down and its Pakistani CEO subsequently convicted and jailed for fraud, MMA Forex…
World Bank Supports Yemen with $816 Mn
The World Bank has committed $816 million to support emergency projects in Yemen, according to a senior Yemeni official. …
QNB Group inaugurates its Riyadh branch
QNB Group, the largest financial institution in the Middle East and Africa, has inaugurated its branch in Riyadh. Senior…
Dubai’s Mashreq to launch new digital bank, CEO says more UAE bank mergers likely
Dubai bank Mashreq will be launching a new digital bank this year, its CEO Abdul Aziz Al Ghurair confirmed on…
UAE's Mashreq expects profit growth of around 5 percent in 2017
Mashreq Bank , Dubai's third-biggest lender by assets, expects net profit growth of around 5 percent in 2017, towards the…
Asia, Middle East SWFs favour real estate
More sovereign wealth funds are investing in real estate while Asia and Middle East-based funds represent the largest proportion of…
Sico Q1 net profit soars to $3.34 million
Bahrain-based Securities & investment Company (Sico), a leading conventional wholesale bank, has posted a net profit of BD1.32 million ($3.34…