EFG Hermes appoints Dr. Khalid AlSweilem as Chairman of EFG Hermes KSA
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) region,…
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Ocorian appoints new head of Dubai regulatory compliance provider
Ocorian has appointed Veena Karuthasen as head of Bovill Newgate in Dubai, as it launches Bovill Newgate in the Middle…
Bank of Sharjah acts as joint lead manager & bookrunner in a € 500 mln Bond Issuance for the Government of Sharjah
one of the leading commercial banks in the UAE, has acted as a Joint Lead Manager and Bookrunner in the…
STC Bank: Success in the making for the Saudi telecoms incumbent?
As the first Saudi telco to be licensed as a digital bank, STC Bank has the manoeuvrability to tap into…
Mashreq enters Oman with ‘humility of an old friend, ambition of a partner’
The omnichannel Mashreq Oman Launch campaign was rolled out digitally, across social media channels, well-established newspapers in the region, online…
LuLu Exchange taps Fintech Galaxy for open banking payments in Bahrain
LuLu Exchange, the cross-border payments provider in GCC, has announced a partnership with Fintech Galaxy in Bahrain. The partnership will…
FDI in Oman’s manufacturing sector topsOMR2bn
The contribution of industrial activities to the gross domestic product (GDP) at current prices achieved a remarkable growth, reaching OMR6.09…
UAE's biggest bank FAB posts 4% rise in FY 2024 net profit; beats estimate
The UAE’s biggest lender First Abu Dhabi Bank posted a 2024 net profit of 17.1 billion dirhams ($4.6 billion), 4%…
Qatar continues to position as global leader in balancing tech innovation
By fostering a secure and privacy-focused digital environment, Qatar continues to position itself as a global leader in balancing technological…
FABMISR net profit surges by 153% reaching EGP26.3bln at the end of 2024
First Abu Dhabi Bank Misr has announced its financial results for the fiscal year ending December 31, 2024. The results…
Tamkeen supports Singapore Gulf Bank in hiring over 70 Bahrainis
The Labour Fund (Tamkeen) announced its support for Gulf Singapore Bank (SGB), the digital bank backed by Bahrain’s Sovereign Wealth…
Emirates NBD Egypt’s net profits jump by 64% In 2024, recording EGP5.3bln
Emirates NBD Egypt announced significant business results in 2024, showing the Bank's separate financial statements. Its net profits rose to…