Swiss regulator finds subsidiary of Lebanese bank breached money laundering obligations
A Swiss financial regulator has found that a subsidiary of one of Lebanon's largest banks, which has been investigated over…
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HSBC Bahrain voted market leader for trade finance in Euromoney poll
HSBC Bahrain was voted market leader for trade finance in the country for the sixth consecutive year in Euromoney’s Trade…
Oman Investment Authority launches $5.2bln "Future Fund Oman" to fund national investment projects, attract FDI and support SMEs
In line with the national directive to boost Oman's economic development and attract international investors, Oman Investment Authority has launched…
QFCA designates new board of directors
During its meeting on Wednesday, March 20, 2024, chaired by Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin…
UAE sees region’s highest bank branch revenues: top Roland Berger executive
UAE bank branches are witnessing the highest revenues in the region, amounting to $18.6 million per branch, according to a…
HSBC Kuwait appoints new Head of Human Resources
Bedour Al Dhamkhi has been appointed Head of Human Resources for HSBC in Kuwait. Bedour brings 11 years’ experience in…
Filippo Ghizzoni partner in Roland Berger's Sustainability practice
Roland Berger has promoted Filippo Ghizzoni to partner in its Middle East’s Sustainability practice. A home-grown consultant of the…
Banque du Caire reports record profits of EGP 6.7bn in 2023
Banque du Caire reported a net profit of EGP 6.7bn in 2023, a significant increase from EGP 3.1bn in 2022,…
Saudi Arabia, Bahrain sign MoUs to boost transportation cooperation
Saudi Arabia and Bahrain signed two memorandums of understanding to strengthen their partnership in transportation and logistics, Saudi Press Agency…
Leopard Asset Management Expresses Concerns Over Sun Corporation's Lack of Action to Enhance Shareholder Value
Leopard Asset Management Ltd. advises various longstanding minority shareholders in Sun Corporation (stock code: 6736 JP). LAM is compelled to…
UAE central bank introduces wholesale, retail digital dirham strategy
The Central Bank of the United Arab Emirates (CBUAE) is preparing to implement the first phase of a central bank…
Khaleeji Bank holds its Annual General Meeting
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, held its Annual General Meeting (AGM) on…