QIC participates in Web Summit Qatar 2024
Qatar Insurance Group (QIC Group, QIC), the leading insurer in Qatar and the MENA region, has announced its participation in…
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Alvarez & Marsal-Releases FY2023 UAE Banking Pulse
Customers reacted to benefit from high rates, with deposits growing by 13.4 percent, faster than loans & advances (L&A) of…
UAE Gets the All Clear From the FATF
The global anti-money laundering organization says the federation is no longer subject to increased monitoring after a successful on-site inspection. …
Development Bank appoints new CEO
Development Bank has announced the appointment of Hussein bin Ali Al Lawati as its new CEO, effective from Sunday, 25…
UBP seeks to double Middle East business in five years
The Swiss private bank is looking to expand its Middle East business by targeting new markets in the region. …
New neuro-symbolic AI chat to disrupt $650bln GCC wealth management market
Latest advancements in neuro-symbolic AI is poised to further disrupt the wealth management industry with a new generation of portfolio…
Invest Qatar launches ‘Startup Qatar’
The Investment Promotion Agency Qatar (Invest Qatar) announced the launch of ‘Startup Qatar’, a one-stop online platform catering to all…
IBM joins forces with FABMisr
Through a long-term collaboration, IBM has partnered with FABMisr, one of the largest banks in Egypt, to employ IBM's Cloud…
Lesha Bank holds Annual and Extraordinary General Meeting
Lesha Bank LLC (Public) (the ‘Bank’ or ‘Lesha Bank’) held its Annual and Extraordinary General Meeting (‘meeting’) yesterday and approved…
Bahraini Islamic Finance industry well-developed
The Bahraini Islamic finance industry is well-developed, and Fitch Ratings expects continued growth in 2024–2025, driven by banking sector consolidations,…
Roland Berger welcomes new partners and principal
Global strategic consultancy Roland Berger has appointed three new senior leaders in its Middle East team. The arrival of…
PIF to acquire stake in Saudi construction giant Binladin Group – reports
Saudi Arabia’s Public Investment Fund is set to take a 36 percent stake in the Kingdom’s construction giant Binladin Group,…