UAE banks are not only delivering record profits – their stocks zoom to 12-month highs
Forget about IPOs for a moment – and let’s see what can be done with UAE’s listed banks. Investors on…
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British Chamber of Commerce Abu Dhabi appoints BAE Systems senior to lead defence cluster
The British Chamber of Commerce Abu Dhabi has appointed Jonathan Bird, BAE Systems’ UAE Country Director, to lead its specialist…
KPMG to host regional Family Business Summit in Bahrain
KPMG’s Family Business Summit is returning to the scene yet again, with the firm’s Bahrain business this year hosting the…
Banks to close on Feb 8 for ‘Al-Isra’ wal-Mi’raj’ holiday
Director of the Public Relations Department at the Kuwait Banking Association Sheikha Al-Issa has announced that banks will be closed…
McKenzie once again brings home Banking & Finance Legal Adviser of the Year Award
Baker McKenzie has won “Banking & Finance Legal Adviser of the Year” at GFC Media's Bonds, Loans & ESG Capital…
Egypt leads EBRD’s SEMED region investments in 2023
Bank invested almost €1.3 billion in Egypt in 2023, 96 per cent of it in the private sector Record €900…
Goldman Sachs names Mena head for private wealth management capital markets
Goldman Sachs has appointed Lucy da Gama Campos as the Mena head of private wealth management (PWM) capital markets, apex…
Doha Bank achieves net profit of QR769m in 2023
Chairman of the Board of Directors of Doha Bank, Sheikh Fahad bin Mohammad bin Jabor Al Thani, announced that the…
Northern Trust AM Aims to Double International Revenues
Northern Trust Asset Management is aiming to double revenues outside the US over five years and is currently expanding its…
Sohar International wins top honor as ‘Most Innovative Digital Bank for ecosystem sservices– Oman 2023’
Setting new standards for excellence in the digital banking sphere, Sohar International was recently recognized as the 'Most Innovative Digital…
Moody’s alters outlook to negative for 5 Egyptian banks amid credit profile concerns
Egypt’s weakening credit profile has prompted Moody’s to affirm ratings for all five banks while downgrading their long-term deposit scores…
KSA’s Social Development Bank signs $266m deals to back entrepreneurs
Saudi Arabia’s Social Development Bank signed 24 deals worth SR1 billion ($266 million) to support entrepreneurs across various sectors in…