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Regulation, Risk & Compliance

Central Bank of Kuwait Adds New Firms to E-Payment Services Providers, Systems Operators Register

June 17, 2024

The Central Bank of Kuwait  has added 2 new companies to e-payment services providers, e-Money services providers and e-payment systems…

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Hedge Funds & Alternative Investments

Saudi Arabia leads Middle Eastern banking growth amid favorable conditions: Fitch

June 17, 2024

High oil prices and interest rates are creating favorable operating conditions for banks across the Middle East, despite regional tensions,…

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Uncategorized

Fisher Sells Stake of Up to $3 Billion to Advent, Abu Dhabi Fund

June 17, 2024

Private equity firm Advent International and a unit of the Abu Dhabi Investment Authority are buying a minority stake in…

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Awards and Recognition

Emirates NBD and Emirates NBD Capital awarded top honours for Green Financing and Sukuk Leadership

June 14, 2024

Emirates NBD has won the ‘Financial Institutions Bond Deal of the Year’ at the Bonds, Loans & Sukuk Middle East…

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FinTech

Aspen Digital receives in-principle approval for a financial services permission

June 14, 2024

Aspen Digital will establish its financial services headquarters in Abu Dhabi to directly provide financial services to its clients. Subject…

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Awards and Recognition

Weyay Bank wins "Most Innovative App for Young People" Award at The Innovators 2024 from Global Finance

June 14, 2024

Weyay Bank, Kuwait's first digital bank, has been honored with the prestigious "Most Innovative App for Young People" award at…

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Hedge Funds & Alternative Investments

Bajaj Allianz Life focuses on enhancing UAE’s customers experience

June 14, 2024

Bajaj Allianz Life, one of the leaders in private life insurance, commemorates its first anniversary of its representative office in…

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FinTech

Citi extends USD Clearing service to Middle East in partnership with Emirates NBD

June 14, 2024

Citi has tapped Dubai-based banking group Emirates NBD to launch its USD Clearing service in the Middle East.   As…

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FinTech

Paytiko expands to Dubai

June 14, 2024

Paytiko has announced its expansion to Dubai, United Arab Emirates.   The new office, strategically located at Thuraya Telecommunications Tower,…

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Environment and Sustainable Investments

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

June 14, 2024

First dedicated fund introduced for transition investing in emerging markets   $1 billion committed by UAE-backed ALTÉRRA   CTF first…

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Uncategorized

Edmond de Rothschild Announces the Launch of an Infrastructure Debt Strategy in Saudi Arabia

June 14, 2024

New infrastructure debt strategy marks Edmond de Rothschild’s inaugural step to establish a local presence in Saudi Arabia.   A…

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Comment & Analysis

63% of UAE businesses to hire more employees in the next 12 months

June 13, 2024

Over 60 per cent of UAE business leaders expect employee headcount at their companies to increase in the next 12…

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