Arthur D. Little promotes four members to Middle East partner team
Global strategy and management consulting firm Arthur D. Little has appointed four new partners in its Middle East team. …
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UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE
SMEs are a critical component of the UAE’s economy, accounting for over 95% of all enterprises and employing 86% of…
Egypt: PFI Asset Management to run GIG Insurance’s funds
PFI Asset Management, a subsidiary of Post for Investment, has contracted to manage two GIG Insurance Company funds, namely the…
UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE
UAE banks provided 81.2 billion dirhams ($22.1 billion) in loans and financial facilities to small and medium-sized enterprises by the…
Alba welcomes Fahad Danish as new Chief Human Resources Officer
Aluminium Bahrain has announced the appointment of Fahad Mohamed Abdulla Danish as its new Chief Human Resources Officer effective 27…
KSA headquartered invygo secures $8mln from STV and existing investors
Existing investors Al Rajhi Partners, Arab Bank Ventures, SPV, MEVP, and C5 double down on invygo with additional investments Achievement…
CBI reports record net profit before tax of AED 254mln, up 81%
Commercial Bank International PJSC has announced exceptionally strong financial results for the period ended 30 September 2024, underscoring the Bank’s…
Emirates NBD and Partior team to redefine cross border payments
Emirates NBD, a banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has entered into a strategic…
DIFC foundations: a unique private wealth structuring proposition
Achieving the multi-fold objectives of asset protection, wealth preservation, succession planning and tax efficiency through a flexible and cost-efficient structure…
IMF proves Saudi banks have reasons for optimism
Saudi Arabia’s banks have performed well this year, as evidenced by a big vote of confidence from the International Monetary…
Saudi Arabia surpasses FDI targets with $26bn inflows in 2023
Saudi Arabia’s foreign direct investment inflows reached SR96 billion ($25.6 billion) in 2023, marking a 50 percent annual increase from…
Kaspersky and SCOPE Middle East partner to strengthen IoT cybersecurity in the region
Kaspersky and SCOPE Middle East have entered into a strategic partnership to bolster IoT cybersecurity across the Middle East. Through…