All Articles

Regulation, Risk & Compliance

Kuwait Banks freeze accounts of those with revoked nationalities

August 19, 2024

Kuwaiti banks have escalated measures against individuals whose nationalities have been revoked, moving from restricting their accounts to freezing them…

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Regulation, Risk & Compliance

Federal Tax Authority organises 40 events in six months to raise awareness about Corporate Tax compliance

August 19, 2024

The first half of 2024 saw the number of awareness sessions increase by 135% from the same period last year.…

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Regulation, Risk & Compliance

QFC CEO recognised as a Top Business Leader by Forbes Middle East

August 19, 2024

Qatar Financial Centre CEO Yousuf Mohamed Al-Jaida has been honoured as one of Forbes Middle East's top 100 CEOs for…

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Hedge Funds & Alternative Investments

HD Bank witnesses $1.85mln block-trading on EGX

August 19, 2024

Housing and Development Bank (HD Bank) has seen a block-trading transaction valued at EGP 90.681 million on the Egyptian Exchange…

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Executive Moves

StanChart Relocates Singapore Wealth Vet to Dubai

August 19, 2024

London-based Standard Chartered has relocated a wealth management veteran from Singapore to Dubai.   Standard Chartered has appointed Rajesh Kannan…

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Financial Results

EG Bank’s consolidated profits jump 93% YoY in H1 2024

August 16, 2024

Egyptian Gulf Bank (EG Bank) posted a 92.9% year-on-year (YoY) leap in consolidated net profits after tax and non-controlling interest…

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Financial Results

QIC Group reports net profits of QR360m in H1 2024

August 16, 2024

Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East and North Africa (MENA) region,…

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Comment & Analysis

Abu Dhabi Global Market records 31% surge in operational entities in H1

August 16, 2024

The number of operational entities in the Abu Dhabi Global Market rose to 2,088 in the first half of 2024,…

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Comment & Analysis

Cushman & Wakefield Core Dubai Q2 2024 market update

August 16, 2024

Off-plan market continues to thrive with a 61% y-o-y transaction increase and a 42% y-o-y rise in project launches While…

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Executive Moves

Abdullah Bakhreba named CEO of Arab Investment Company

August 16, 2024

The board of Arab Investment Co., an Arab financial company established in 1974 and owned by the governments of 17…

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Regulation, Risk & Compliance

Turkish central bank expected to hold rates steady next week

August 16, 2024

The Turkish central bank is expected to leave its key interest rate steady at 50% during its monetary committee meeting…

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Executive Moves

GTN appoints Ahmad Abouardini, Saxo Bank veteran, as new Middle East Relationship Manager

August 16, 2024

GTN has announced the appointment of Ahmad Abouardini as Middle East Relationship Manager. Ahmad, a seasoned professional with over eight…

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