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Executive Moves

WRISE Middle East appoints three new members to its board of directors, including Ex-DFSA EXCO member

September 27, 2024

WRISE Wealth Management has announced the appointment of three distinguished professionals to its Board of Directors, effective immediately. This strategic…

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Fraud & Ethics

UAE customers complain as banks issue credit cards without proper ID verification

September 27, 2024

Fraudsters are believed to be using a loophole found in some UAE banks to pose as customers to take out…

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Executive Moves

Nuveen further expands its global footprint with expansion in the Middle East

September 26, 2024

Nuveen, the $1.2tn AuM global asset manager, has expanded its presence in the Middle East with the appointment of Fadi…

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Property & Real Estate

Dubai and Abu Dhabi among world’s five most improved real estate markets

September 26, 2024

In a global ranking, the real estate markets of Dubai and Abu Dhabi have made the biggest strides in transparency,…

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Executive Moves

Zekiye Tümtürk Koray joins MCN as CFO of Turkish business

September 26, 2024

Middle East Communications Network (MCN) has appointed former EY and BDO alumnus Zekiye Tümtürk Koray as Chief Finance Officer of…

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Environment and Sustainable Investments

Emirates NBD adds impetus to SLL bond push: IFR

September 26, 2024

The growth of sustainability-linked loan financing bonds has taken a step forward with a Middle East bank becoming one of…

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Hedge Funds & Alternative Investments

Egypt: Al Ahly for Development’s consolidated profits hike 281% YoY in Q1 2024

September 26, 2024

Al Ahly for Development and Investment’s (AFDI) consolidated net profits after tax and non-controlling interest soared 280.5% year on year…

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Executive Moves

Egypt’s Commercial International Bank names Tony Prestedge as executive board advisor

September 26, 2024

The Commercial International Bank (CIB), one of the largest private sector banks in Egypt, has hired “veteran transformation banker” Tony…

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Hedge Funds & Alternative Investments

Revolut bags investment from UAE sovereign fund

September 26, 2024

Challenger bank Revolut has seen its valuation rise to $45bn after Mubadala, the Abu Dhabi-based sovereign wealth fund acquired a…

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Uncategorized

SG WealthTech platform StashAway launches HNWI wealth offering in the UAE

September 26, 2024

Clients in MENA with $100,000 of assets with StashAway will be upgraded to Reserve.   Singapore WealthTech platform StashAway has…

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Family Office

Africa’s richest man, Aliko Dangote, to establish family office in Dubai

September 26, 2024

Aliko Dangote, Africa’s wealthiest individual, is preparing to open a family office in Dubai, joining a growing number of high-net-worth…

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Uncategorized

Investec extends footprint with Dubai International Financial Centre office launch

September 26, 2024

The office connects high-net-worth clients, family offices, and financial institutions in the Gulf Cooperation Council (GCC) to Investec's international network.…

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