Ajman Bank appoints Hend Al Ali as its new EVP – CHRO to strengthen its Human Capital
Ajman Bank has announced the appointment of Hend Al Ali as its new Executive Vice-President - CHRO. A seasoned Emirati…
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AXA insurance firm completes divestment from Israel banks, arms manufacturers
Multinational insurance firm, AXA, has reportedly sold off all its investments in Israeli banks and arms manufacturers, following a persistent…
Kuwaiti banks’ M&A activities to unlock growth opportunities: Fitch
The surge in mergers and acquisitions among Kuwaiti banks is reshaping the nation’s crowded financial sector, according to Fitch Ratings.…
Key retail outlets see stronger-than-expected demand
Qatar’s retail industry witnessed a robust demand in prime areas, while the market experienced an oversupply from April to June. …
International Islamic Banking Forum successfully concluded in Ethiopia
The 5th International Interest-Free Banking & Takaful Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE), successfully took…
Kuwait Finance House to sell its stake in Sharjah Islamic Bank for $351m
Kuwait Finance House has agreed to sell its 18.18 percent stake in the UAE’s Sharjah Islamic Bank for 1.29 billion…
Emirates NBD bolsters Singapore wealth team
Dubai-based state-owned bank Emirates NBD has appointed a head of wealth management for Singapore. Sameer Deshpande will be responsible…
Emirati AI expert and Chairperson of AI for Good Impact Initiative recognised among global leaders in AI 100 list
She is also the Founder and CEO of AIE3, a cutting-edge company that delivers AI solutions for diverse business and…
Khalifa Fund announce Mouza Obaid Saif Al Nasri as its Acting CEO
Khalifa Fund for Enterprise Development has announced the appointment of Mrs. Mouza Obaid Saif Al Nasri as the Acting CEO,…
Hoxton CM adds ex-Holborn Assets UK managing director Chris Wicks to UAE team
International financial advisory firm Hoxton Capital Management has added experienced financial adviser Chris Wicks to its Dubai-based team. With…
First Abu Dhabi Bank P.J.S.C. Appoints Chris Jaques as Group Chief Risk Officer
First Abu Dhabi Bank P.J.S.C. appointed Chris Jaques as Group Chief Risk Officer on 5 August 2024. With more than…
Kuwaiti banking sector benefits from M&A increase
The recent increase in Kuwaiti bank mergers and acquisitions (M&A) is credit positive for the sector, particularly as the market…