QNB commences distribution of interim cash dividends
The Board of Directors of QNB Group, the largest financial institution in the Middle East and Africa, decided on 8…
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Ajman Bank sets highest record in its history for the first half of 2024
Net profit of AED 233 Million before Tax up by 127% (Net profit AED 216 Million after Tax) His Highness…
Emirates REIT sells Trident Grand Mall
Equitativa (Dubai) Limited, manager of Emirates REIT PLC has announced that it has sold Trident Grand Mall, a two-floor retail…
New technologies an opportunity and risk for internal audit
The world of internal audit is being disrupted by developments in technology, with robotic process automation (RPA) and artificial intelligence…
McKinsey: GCC banks outperform their global counterparts
Over the past years, GCC banks have outperformed their global counterparts and looking ahead, the region’s banking sector is in…
Alvarez & Marsal Tax boosts investment in technology, compliance & indirect tax expertise across EMEA with two senior hires
Alvarez & Marsal Tax LLP (A&M Tax), an affiliate of global professional services firm Alvarez & Marsal (A&M), has appointed…
Indosuez bolsters GCC presence with hires and unique asset management services
To expand its presence in the GCC, Indosuez Wealth Management has appointed two senior private bankers. The bank, which…
Masraf Al Rayan reports a net profit of QAR 789mln for H1 2024
Total Income net of Finance expense reached QAR 4.3 billion, compared to QAR 3.5 billion for H1 2023; Net financing…
Mashreq bags Open Banking Initiative of the Year – UAE at ABF Retail Banking Awards 2024 for its innovative Global Non-Resident Platform
Mashreq secured the Open Banking Initiative of the Year - UAE win at the prestigious ABF Retail Banking Awards 2024…
Egyptian fintech Dopay raises a $13.5M Series A extension round to boost offerings and accelerate expansion
Frans van Eerse (CEO) and Roel Van Eersel founded Dopay in 2014 to tackle the issue of unbanked and underbanked…
Top stocks in Q2 2024: UAE retail investors choose AI over Big Tech
UAE retail investors have chosen to rally behind artificial intelligence firms while Big Tech and pharma stocks lost momentum, as…
UAE and Indonesia strengthen ties during high-level meet in Abu Dhabi
UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indonesian President Joko Widodo met in Abu Dhabi to review strategic…