All Articles

Environment and Sustainable Investments

Record growth drives cost advantage of renewable power

September 25, 2024

With continuous costs decline, the socio-economic and environmental benefits of renewables are now uniquely compelling  Renewables remain competitive despite fossil…

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Awards and Recognition

Ras Al Khaimah Transport Authority wins Middle East Technology Excellence Awards 2024

September 25, 2024

Government roads and transportation authority Ras Al Khaimah Transport Authority (RAKTA) received the prestigious Middle East Technology Excellence Awards 2024…

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FinTech

Mubadala acquires stake in Revolut

September 25, 2024

UAE-based investor Mubadala has announced its decision to take a substantial stake in fintech firm Revolut via a share sale…

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Hedge Funds & Alternative Investments

Saudi Arabia’s Sovereign Wealth Fund’s Big AI Bets Include Mistral And Databricks

September 25, 2024

The Middle Eastern kingdom’s sovereign wealth fund has become one of the world’s most important investors, doling out over $3…

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Hedge Funds & Alternative Investments

Penthouse.ae closes record-breaking AED 125mln off-plan villa sale in Dubai

September 25, 2024

Penthouse.ae, powered by Metropolitan, a Dubai-based full-service real estate agency specializing in serving the needs of Ultra High Net Worth…

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Executive Moves

Egypt's CIB appoints chairman Ezz al-Arab as CEO

September 25, 2024

Commercial International Bank (CIB), Egypt's biggest private bank, has appointed long-serving chairman and former CEO Hisham Ezz al-Arab as its…

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Retail Banking

Qatar’s banking sector sees growth in deposits and credit facilities

September 25, 2024

Qatar’s banking sector saw significant growth in July this year as commercial banks witnessed a surge in deposits and credit…

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Comment & Analysis

National Bank of Egypt reports $2.59bln in pre-tax profits for 2023

September 25, 2024

The National Bank of Egypt (NBE) held its general assembly last Thursday to approve its financial statements for the fiscal…

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Retail Banking

Saudi Banks Growth Momentum Continues

September 24, 2024

Saudi banking sector is one of the major beneficiaries of economic diversification drive which aims at reducing reliance on hydrocarbon…

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Environment and Sustainable Investments

Commercial Bank issues Qatar's largest ever Green CHF-denominated bond following strong demand

September 24, 2024

Commercial Bank has successfully issued its inaugural Green Bond denominated in CHF (Swiss Franc).   This is Commercial Bank’s debut…

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Regulation, Risk & Compliance

Turkey’s central bank raises reserve ratios

September 24, 2024

The Turkish central bank said on September 21 that it was raising the reserve requirement ratios (RRRs) for lira deposits…

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Regulation, Risk & Compliance

NBK-Egypt signs cooperation protocol to provide equipment for Baheya Hospital new branch in Sheikh Zayed

September 24, 2024

El-Seyoufi: We aim to support the State’s endeavors to achieve the goals of Egypt’s Strategic Vision 2030   - NBK-Egypt…

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