Citi extends USD Clearing service to Middle East in partnership with Emirates NBD
Citi has tapped Dubai-based banking group Emirates NBD to launch its USD Clearing service in the Middle East. As…
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Paytiko expands to Dubai
Paytiko has announced its expansion to Dubai, United Arab Emirates. The new office, strategically located at Thuraya Telecommunications Tower,…
Brookfield Opens Fundraising for Catalytic Transition Fund with Anchor Commitment from ALTÉRRA Targeted to Raise up to $5 billion to Scale Up Climate Finance in Emerging Markets
First dedicated fund introduced for transition investing in emerging markets $1 billion committed by UAE-backed ALTÉRRA CTF first…
Edmond de Rothschild Announces the Launch of an Infrastructure Debt Strategy in Saudi Arabia
New infrastructure debt strategy marks Edmond de Rothschild’s inaugural step to establish a local presence in Saudi Arabia. A…
63% of UAE businesses to hire more employees in the next 12 months
Over 60 per cent of UAE business leaders expect employee headcount at their companies to increase in the next 12…
Some UAE firms plan to freeze hiring in coming months; here's why
While the majority of UAE companies (63 per cent) are still planning to increase their headcount in the next 12…
Saudi Arabia keen to invest in multiple sectors in Brazil: PIF governor
Saudi Arabia’s sovereign wealth fund is keen to invest in Brazil across multiple sectors such as technology, renewables, and mining,…
FAB strengthens leadership team with two new appointments
First Abu Dhabi Bank has added two new global banking veterans to its executive committee (ExCo) – appointing Simon Thorn…
Global growth to stabilize at 2.6% in 2024: World Bank
Global growth is expected to stabilize at 2.6 percent in 2024, holding steady for the first time in three years,…
Ajman Department of Finance and Federal Tax Authority discuss strategic partnership during meeting
The Ajman Department of Finance recently hosted a delegation from the Federal Tax Authority (FTA) as part of their ongoing…
PayerMax strengthens commitment to Saudi Arabia with inauguration of regional headquarters
PayerMax participated in the Regional Headquarters Program established by the Ministry of Investment and obtained an RHQ licence this month…
Deutsche Bank Targets Middle East Wealth With 10 New Hires
Deutsche Bank AG’s wealth management arm is stepping up its recruitment efforts in the Middle East, a region that has…