UAE’s e& to invest $6bn to advance connectivity in 16 countries
e& Group has pledged to invest $6bn over the next two years to advance technological and infrastructure development, and boost…
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Saudi start-up Salla raises $130mln from Investcorp, PIF unit
Saudi Arabian software start-up Salla has raised $130 million in an investment round ahead of its initial public offering (IPO).…
Bader Nasser Al-Kharafi appointed new Chairman of Gulf Bank
The Board of Directors of Gulf Bank gathered on Monday, March 4, 2024, and unanimously elected Mr. Bader Nasser Al-Kharafi…
Mashreq Egypt launches Mashreq NEO segment
In line with the government and Central Bank of Egypt’s financial inclusion efforts, Mashreq Egypt announced the launch of its…
Capital Bank enhances sustainability with water-saving technologies
As part of its active steps towards sustainability and environmental preservation, Capital Bank has undertaken measures to improve water use…
UAE real estate sector undergoes transformation with cross-border payments revolution
Leading financial institutions are spearheading a transformative wave in the UAE real estate sector through the introduction of seamless cross-border…
KIB earns “Best Customer-Focused Islamic Banking Products and Services in Kuwait” award from World Finance
World Finance has recognized Kuwait International Bank with the “Best Customer-Focused Islamic Banking Products and Services in Kuwait” award for…
Saudi Banks to Increase their Capital Following Record Profits
Many Saudi banks have recently increased their capital, and five others on the financial market: al-Inma, al-Jazira, al-Bilad, Arab National,…
Abu Dhabi’s FAB to triple revenue from China operations by 2026
The UAE’s largest lender First Abu Dhabi Bank plans to triple revenue from its China operations to Dhs300m by 2026,…
Baker McKenzie Wong & Leow Advises APG and Abu Dhabi Investment Authority
Baker McKenzie Wong & Leow, the Singapore member firm of Baker McKenzie, represented Dutch pension investor APG Asset Management N.V…
Wealth firm Alti eyes Asian buys and Middle East launch with $450M war chest
Nasdaq-listed wealth manager Alti Tiedemann Global will use its $450m war chest to fund further acquisitions in Asia and is…
Morgan Stanley opens office in Abu Dhabi
Investment bank Morgan Stanley has opened an office in Abu Dhabi Global Market (ADGM) citing new opportunities in capital markets. …