Kuwaiti Wealth Fund Set for Banner Year After Bet on US Equities
The Kuwait Investment Authority, which manages more than $800 billion in government funds, is poised for one of its best…
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GFH Financial in talks to acquire Ithmaar Holding’s investment portfolios
Bahrain-based investment firm GFH Financial Group is looking to acquire the financing and investment portfolios of financial services firm Ithmaar…
UAE start-ups lead MENA fundraisings with $65mln raised in February
Start-ups in the UAE continue to dominate fundraisings in the Middle East and North Africa (MENA), with over $65 million…
Qatar Central Bank to enable instant payments with new Fawran service
The central bank says the service, called Fawran, will enable users to send and receive funds instantly while offering round-the-clock…
Middle East Investment Panorama Report Unveils Booming Wealth Management Industry in GCC
The wealth management sector in the Gulf Cooperation Council (GCC) region is experiencing substantial growth and optimism, driven by an…
Gulf Islamic Investments acquires a licensed investment and asset management firm in the Kingdom of Saudi Arabia
The planned expansion of Gulf Islamic Investments (GII) across the Kingdom of Saudi Arabia has gained significant momentum with the…
National Investments Company records a net profit of KD4.1mln in 2023
Bader Nasser Al-Kharafi: The company's results aligned with the steady path and continuous development to achieve stable financial performance and…
Knight Frank MENA secures record-breaking AED 26mln secondary sale at Address Beach Residences JBR
Knight Frank, a leading global real estate consultancy, seals record-breaking deal with highest secondary sale and 3rd highest sale in…
Deloitte to establish ServiceNow Innovation Center in Riyadh
Big Four firm Deloitte is launching a new Innovation Center for ServiceNow services and products. Announced on the opening…
Saudi Arabia’s Mozn partners with Google Cloud to combat financial crime
In a bid to reduce financial crime globally, Saudi tech company Mozn has signed an agreement with Google Cloud on…
UAE: New life insurance scheme announced for Indian workers
A new insurance scheme for Indian workers has been announced in the UAE, ensuring that their families will get compensation…
FAB shareholders approve $2.12bln cash dividend at AGM
First Abu Dhabi Bank concluded its Annual General Meeting (AGM) today at FAB’s headquarters in Abu Dhabi. All items…