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Executive Moves

United Hospitality Management appoints Alban Mabille de Poncheville as head of business development for Middle East and Africa

October 28, 2024

United Hospitality Management (UHM), a global leader in hospitality management with over 30 years of luxury expertise, has appointed Alban…

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Legal

Addleshaw Goddard advises Effecta Compliance on sale of UAE & UK Businesses to ACA Group

October 28, 2024

The Dubai office of law firm Addleshaw Goddard has advised the founders of a leading regulatory consultancy business, Effecta Compliance…

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FinTech

AmiViz partners with BigID to enhance data security and management in the Middle East

October 28, 2024

AmiViz has announced a strategic partnership with BigID, a leader in data security, compliance, privacy, and AI data management. This…

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Retail Banking

Kuwait International Bank joins Afaq GCC payment system

October 28, 2024

Kuwait International Bank  has announced that it has joined the Afaq GCC payment system, offering customers a fast, secure, and…

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Uncategorized

UAE's economy to grow over 5% in 2025: UBS Wealth Management

October 28, 2024

Michael Bolliger, Chief Investment Officer of Emerging Markets at UBS Global Wealth Management, stated that the UAE’s GDP growth is…

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Executive Moves

Arthur D. Little promotes four members to Middle East partner team

October 25, 2024

Global strategy and management consulting firm Arthur D. Little has appointed four new partners in its Middle East team.  …

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Retail Banking

UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE

October 25, 2024

SMEs are a critical component of the UAE’s economy, accounting for over 95% of all enterprises and employing 86% of…

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Hedge Funds & Alternative Investments

Egypt: PFI Asset Management to run GIG Insurance’s funds

October 25, 2024

PFI Asset Management, a subsidiary of Post for Investment, has contracted to manage two GIG Insurance Company funds, namely the…

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Regulation, Risk & Compliance

UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE

October 25, 2024

UAE banks provided 81.2 billion dirhams ($22.1 billion) in loans and financial facilities to small and medium-sized enterprises by the…

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Executive Moves

Alba welcomes Fahad Danish as new Chief Human Resources Officer

October 25, 2024

Aluminium Bahrain  has announced the appointment of Fahad Mohamed Abdulla Danish as its new Chief Human Resources Officer  effective 27…

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Hedge Funds & Alternative Investments

KSA headquartered invygo secures $8mln from STV and existing investors

October 25, 2024

Existing investors Al Rajhi Partners, Arab Bank Ventures, SPV, MEVP, and C5 double down on invygo with additional investments Achievement…

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Financial Results

CBI reports record net profit before tax of AED 254mln, up 81%

October 25, 2024

Commercial Bank International PJSC has announced exceptionally strong financial results for the period ended 30 September 2024, underscoring the Bank’s…

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