All Articles

Awards and Recognition

ADIB-Egypt receives Global Finance Magazine’s “Best Islamic Financial Institution in Egypt” award for 7th year

November 19, 2024

Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) received Global Finance Magazine’s “Best Islamic Financial Institution in Egypt” award for the seventh consecutive…

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Hedge Funds & Alternative Investments

Kuwait Central Bank holds discount rate steady at 4.0% despite Fed cuts

November 19, 2024

According to the weekly report from Al-Shall Center, the US Federal Reserve reduced the benchmark interest rate by a quarter…

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Hedge Funds & Alternative Investments

Saudi insurers expect financial boost from new reinsurance mechanism

November 19, 2024

Saudi insurance companies are expecting a positive impact on their financial performance from a new mechanism that directs reinsurance premiums…

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Regulation, Risk & Compliance

BlackRock Gets Abu Dhabi License Weeks After Nod for Saudi HQ

November 19, 2024

BlackRock Inc. received a commercial license to operate in Abu Dhabi, the latest sign that the asset manager is looking…

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Financial Results

Qatar's Central Bank Assets Grow by 4 Percent

November 19, 2024

Qatar Central Bank's assets increased during the month of October to nearly 4% year-on-year, compared to the same month of…

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Investment Banking

EFG Hermes concludes $13.51mln securitized bond issuance for valU

November 19, 2024

EFG Hermes, an investment bank in the MENA region and part of EFG Holding, has completed the 12th securitized bond…

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Financial Results

Big Gulf banks buck global trend as lending income growth continues

November 19, 2024

The largest banks in the Gulf Cooperation Council further grew their third-quarter main lending income year over year, defying a…

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Awards and Recognition

Gulf Bank wins Mastercard award for highest tokenized debit portfolio in Kuwait

November 18, 2024

Mohammed Taqi : The award reflects our ongoing commitment to innovation and delivering secure, advanced banking solutions to our customers."…

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Hedge Funds & Alternative Investments

Office market sees increase in occupancy rates in Q3

November 18, 2024

Qatar’s office space is currently witnessing a surge in demand as occupancy rates mount up across core prime localities during…

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Executive Moves

Investcorp names AlJomaih as new Saudi CEO

November 18, 2024

Investcorp, a global alternative investment firm, has announced the appointment of Mashaal AlJomaih as its new CEO for Saudi Arabia…

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Executive Moves

Mashreq appoints Philip Philippides as CEO of Mashreq Capital

November 18, 2024

Mashreq, a leading financial institution in the MENA region, proudly announces the appointment of Philip Philippides as the new CEO…

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Family Office

Julius Baer: Succession Planning is the Leading Family Topic

November 18, 2024

Succession planning is the leading topic being spotlighted amongst the wealthy, according to a report by Julius Baer, with the…

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