EG Bank’s consolidated profits jump 93% YoY in H1 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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QIC Group reports net profits of QR360m in H1 2024
Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East and North Africa (MENA) region,…
Abu Dhabi Global Market records 31% surge in operational entities in H1
The number of operational entities in the Abu Dhabi Global Market rose to 2,088 in the first half of 2024,…
Cushman & Wakefield Core Dubai Q2 2024 market update
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…
Abdullah Bakhreba named CEO of Arab Investment Company
The board of Arab Investment Co., an Arab financial company established in 1974 and owned by the governments of 17…
Turkish central bank expected to hold rates steady next week
The Turkish central bank is expected to leave its key interest rate steady at 50% during its monetary committee meeting…
GTN appoints Ahmad Abouardini, Saxo Bank veteran, as new Middle East Relationship Manager
GTN has announced the appointment of Ahmad Abouardini as Middle East Relationship Manager. Ahmad, a seasoned professional with over eight…
UAE Central Bank announces M-Bills auction on August 19
The auction includes four issues of M-Bills Treasury bonds. According to CBUAE data, the first issue for 28 days…
QSE announces results of MSCI Quarterly Index Review
Qatar Stock Exchange (QSE) announced yesterday the results of the August 2024 Index Review for the MSCI Equity Indexes. …
QNB Group named ‘World’s Best Bank for Emerging Markets in 2024’
QNB Group has been recognised by Global Finance Magazine as The World’s Best Bank for Emerging Markets in 2024, recognising…
Saudi Arabia poised to ignite Islamic insurance boom in GCC: report
Saudi Arabia is poised to lead the expansion of Islamic insurance in the Gulf Cooperation Council, with revenues expected to…
Saudi Aramco chief leads Forbes ME’s Top 100 CEOs for fourth consecutive year
Saudi energy giant Aramco’s president and CEO, Amin Nasser, has once again topped the Forbes Middle East ranking of the…