GCC consulting market to hit $6bn this year with hiring plans bucking global layoffs
The GCC consulting market is set to expand 11 per cent and exceed $6 billion in revenue this year, as…
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QNB Al Ahli’s consolidated profits exceed $147.2mln in Q1-24
Qatar National Bank Al Ahli (QNB Al Ahli) logged consolidated net profits after tax worth EGP 7.04 billion in the…
Qatar’s international reserves up 5.2% to reach $68bn, central bank reveals
Qatar’s international reserves increased by 5.2 percent annually to 247.4 billion Qatari riyals ($67.94 billion) in March, despite a decrease…
Saudi insurers lead GCC region in net profit and revenues, study shows
The net profit of insurance companies in Saudi Arabia surged by 1,221.3 percent year-on-year in 2023 to $861 million, driven…
Strategic Gears promotes three partners to leadership team
Strategic Gears has appointed three new partners in its Riyadh office, with Fatima Al-Mubarak, Ahmed Abzakh and Abdullah Al-Barqawi all…
Visa’s growing services business infused with new AI-powered products
Visa, a leader in digital payments, announced the continued expansion of its global value-added services business with the addition of…
Haus & haus reveals the biggest Dubai real estate trends of Q1
Important takeaways from Q1 2024: Total sales value of properties sold increased by 25% from Q1 2023 to Q1 2024…
UAE’s GTN names former Saxo Bank exec Damian Bunce as new Middle East CEO
GTN, a UAE-based investment and trading tech firm, has appointed industry veteran Damian Bunce as its new regional CEO for…
53% of devices infected with data-stealing malware are corporate, Kaspersky finds
The share of corporate devices compromised with data-stealing malware has increased by one third since 2020, according to Kaspersky Digital…
Egypt: Three exchange companies accumulate over $231mln since liberalisation
Following the liberalisation of the local exchange rate, three major exchange companies linked to the National Bank of Egypt, Banque…
Phoenix Venture Partners unveils leadership team to drive innovation in MENA
Phoenix Venture Partners Ltd. , a preeminent Venture Capital Firm dedicated to fostering high-growth potential within the MENA region, is…
El Attal Holding, Arab Contractors forge strategic partnership for diverse property developments
El Attal Holding, a prominent real estate developer in Egypt, has entered into strategic partnership agreements with Arab Contractors to…