Qatar Central Bank grants sandbox entry approval to Madad Financial Technologies
In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Bank's (QCB) efforts to develop and…
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LSEG report on investment banking activity in the MENA region for 2024
INVESTMENT BANKING FEES An estimated US$1.5 billion worth of investment banking fees were generated in the Middle East & North…
QNB net profit surges 8% to QR16.7bn in 2024
QNB Group, one of the largest financial institution in the Middle East and Africa region, announced that the Board of…
Central Bank of Kuwait issues $660 million bond and tawarruq with 4.125 percent yield rate
The Central Bank of Kuwait announced the issuance of bonds and tawarruq worth KWD200 million ($660 million). The bank revealed…
Mashreq Bank completes USD 385 million stake sale in NeoPay
UAE-based Mashreq Bank has announced the conclusion of the sale of a majority stake in NeoPay, its digital payments platform,…
ASK Private Wealth widens its global footprint through new DIFC office to serve NRIs and global investors
ASK will offer customised wealth management solutions, meeting the global diversification needs of Indian and Middle East investors. ASK Private…
Kenya banks on trade pact with UAE to grow exports, attract FDIs
In Summary The deal could also see the Middle East country give China stiff competition as Kenya’s top import…
Global wealth managemement group GSB hires COO
Global wealth management group GSB has hired Hugh Johnson as Chief Operating Officer of GSB, based in the company’s London…
Aviva Investors appoints Head of EMEA Institutional Client Relationship Management
Aviva Investors has announced it has appointed Heather Brown as Head of EMEA Institutional Client Relationship Management. Previously lead…
Aditum Investment Management Limited bolsters leadership with key appointment
Gaurav Kumar has joined Aditum Investment Management Limited (“Aditum”) as Deputy Senior Executive Officer, the firm has announced. In his…
Qatar National Bank reports strong profit growth
Qatar National Bank, the Middle East and Africa’s largest lender by assets, reported a 11 percent rise in fourth-quarter profit…
UAE employees demand higher housing, transport allowances amidst rising rents, Salik tolls
Employees in the UAE are demanding higher housing, transportation and children’s school allowances and benefits from employers due to an…