Housing Ministry to launch real estate asset management firm soon in Egypt
The Ministry of Housing, Utilities, and Urban Communities is currently working on setting up a company for managing real estate…
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Apex Group expands across the Middle East with new Kingdom of Saudi Arabia office
Global financial services provider, Apex Group, has launched a new office in the Kingdom of Saudi Arabia, further expanding its…
UAE banks set to achieve strong results despite likely rates cut
Banks in the UAE will continue to achieve strong results during this year, supported by prevailing high interest rates despite…
Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down
Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its…
Saudi banks’ money supply surges 8% in March to reach $753bn
Saudi banks’ money supply rose 8 percent in March, as compared to the same month last year, to reach SR2.82…
UAE: Can employers ban employees from joining rival firms, force them to leave country?
Question: I work in a mainland IT company in Dubai. I am switching the job because of a better package…
Sharjah Islamic Bank joins 'haifin' platform to combat fraud, support digital transformation in banking sector
In a move to enhance efforts to combat fraud and continue digital transformation plans in the banking sector, aligning with…
Will UAE gold shoppers soon face Dh300 a gram price tag as price surge continues?
Gold shoppers in the UAE and elsewhere are confronting a new possibility – prices could well take a shot at…
Saudi Venture Capital invests SAR112.5m in General Atlantic PE fund
Saudi Venture Capital Company (SVC), a subsidiary of the Small and Medium Enterprises Bank (SME), has announced a significant investment…
Financial services group GSB bolsters Dubai office with Senior Debt Adviser hire
Financial services group GSB continues the expansion of its global wealth and advisory business with the hiring of Nicholas Jones.…
Saudi Awwal Bank opens new branch in SAB Tower
Saudi Awwal Bank, one of the leading banks in the Kingdom, inaugurated its newest integrated branch in the SAB Tower. …
NBK warns against transferring money to unknown parties
The bank stresses the necessity to verify people’s identity before money transfers Random calls may target stealing and cloning…