All Articles

Hedge Funds & Alternative Investments

Tabreed’s financial results for H1 2024 show company reaping the rewards of investment

August 9, 2024

Company strengthens financial position through prudent capital allocation, including repurchasing of Sukuk and increasing cash dividends Appointment of Dr. Bakheet…

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Hedge Funds & Alternative Investments

Union Coop reports financial performance for H1 2024

August 9, 2024

Union Coop has announced its financial results for the first half of 2024, demonstrating a 5% increase in semi-annual revenues…

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FinTech

Sav secures Dubai license

August 9, 2024

Sav, a UAE-born fintech, received an in-principle approval for a Category 4 license from the Dubai Financial Services Authority (DFSA).…

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FinTech

National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai

August 9, 2024

National Bank of Fujairah (NBF), a full-service corporate bank based in the UAE, has partnered with Intellect Global Transaction Banking…

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Hedge Funds & Alternative Investments

Qatar banking sector total assets rose by 1.2% MoM in June 2024 to reach $549bln

August 9, 2024

Qatar Banking Sector Total Assets rose by 1.2% MoM (1.5% in 2024) in June 2024 to reach QR1.999 trillion.  …

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FinTech

ICAEW and UAE Banks Federation join forces to guide firms in digital currency adoption

August 8, 2024

CBDCs are digital forms of a country's sovereign currency, issued and regulated by the central bank. They are designed to…

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Hedge Funds & Alternative Investments

RAK Properties delivers strong financial results in H1 2024

August 8, 2024

H1 2024 revenue increased by 19% to AED 610 million Gross profit increased by 40% to AED 228 million Profit…

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Regulation, Risk & Compliance

KPMG Saudi Levant and KPMG Lower Gulf vote to integrate

August 8, 2024

 Partners at KPMG Saudi Levant and KPMG Lower Gulf have voted overwhelmingly in favor of a proposed integration of their…

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Regulation, Risk & Compliance

Dubai to reduce work hours, suspend Friday operations for few government entities in summer

August 8, 2024

The Dubai Government Human Resources Department  announced the pilot launch of its ‘Our Flexible Summer' initiative, which aims to reduce…

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Hedge Funds & Alternative Investments

MBC Group reports 1H 2024 results

August 8, 2024

The Group delivered a near fivefold increase in net income to SAR 237.8 million in 1H 2024 driven by a…

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FinTech

85% of GCC firms rank innovation as a top priority: BCG

August 8, 2024

Companies in the Gulf Cooperation Council  prioritise innovation more than ever—with 85% of senior executives in the region ranking it…

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Family Office

Top family office trends in 2024: A Middle East perspective

August 8, 2024

The landscape of family offices in the Middle East is characterized by a strong presence of affluent families and individuals…

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