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Retail Banking

Infosys & First Abu Dhabi Bank to modernize its banking infrastructure services

May 16, 2024

Infosys, a global next-generation digital services and consulting, has announced a multi-year strategic collaboration with First Abu Dhabi Bank (FAB),…

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FinTech

UAE releases new AI model Falcon 2 to compete with Meta, OpenAI

May 15, 2024

Abu Dhabi’s Technology Innovation Institute (TII), a government research institute released a new open source GenAI model, which could rival…

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Financial Results

Bahrain’s GFH Financial posts 13% rise in Q1 2024 net profit to $27.14mln

May 15, 2024

GFH Financial reported a double-digit growth in net profit for the first three months of the year, supported by the…

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Hedge Funds & Alternative Investments

Emaar Group's property sales grow 47%

May 15, 2024

Emaar Properties PJSC has released its financial results for the first quarter of 2024, showcasing consistent resilient performance and operational…

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Hedge Funds & Alternative Investments

Dubai ranked No.1 globally for attracting Greenfield FDI projects for third successive year

May 15, 2024

Dubai has further reinforced its position as the world’s leading hub for foreign direct investment (FDI). According to the Financial…

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Hedge Funds & Alternative Investments

HAYAH Insurance unveils report on insurance, health, life, and AI in the UAE

May 15, 2024

HAYAH Insurance, an insurance provider in the UAE, has unveiled Rihla by HAYAH, a report focusing on the intersection of…

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Awards and Recognition

Dukhan Bank bags two awards at Global Finance Awards

May 15, 2024

Dukhan Bank is proud to announce that it has been recognised with the prestigious “Best Islamic Financial Institution in Qatar…

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Awards and Recognition

Best Middle East wealth managers 2024

May 15, 2024

Few places attract money like the Middle East. Saudi Arabia, Qatar and the UAE are experiencing rapid growth in their…

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Uncategorized

DIFC fortifies position as preferred global hub for wealth and asset management firms

May 15, 2024

Influx of new firms including State Street Global Advisors Dubai International Financial Centre has reinforced its position as the largest…

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Islamic Finance

QIB announces new millionaire of Misk Account Draw

May 14, 2024

Qatar Islamic Bank, Qatar’s leading digital bank, continues to reward its customers and announces the new Misk Millionaire of the…

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Retail Banking

Oman’s public debt slightly declines to $39bn

May 14, 2024

Oman’s public debt stood at 15.1 billion Omani rials ($39.23 billion) by the end of March, marking a slight decrease…

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Hedge Funds & Alternative Investments

Middle East CEOs and boards more concerned about leadership attraction, development, and retention compared to global peers

May 14, 2024

A new survey launched by Heidrick & Struggles has found that Middle East leaders are more concerned about leadership attraction,…

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