Saudi Arabia jumps 25 places in World Bank’s national statistics indicator
Saudi Arabia’s economic data is demonstrating increased availability and maturity, with the nation advancing 25 places on the World Bank’s…
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UAE consolidates its position as a global private wealth hub
The UAE has achieved a magical milestone by registering 1,000 Foundations – an integral part of the country’s success when…
Amundi appoints Bekhazi to deepen institutional relationships in the Middle East
Amundi has hired Michelle Bekhazi CFA as Senior Vice President, Institutional Sales, to oversee its institutional relationships across the Middle…
Mashreq partners with UAE fintech Fils
Mashreq has signed a Memorandum of Understanding with the UAE-based fintech firm Fils. This partnership will develop a corporate…
DIFC Innovation Hub, Julius Baer and Euroclear join forces to address challenges posed by the future of digital asset inheritance
DIFC Innovation Hub, Julius Baer and Euroclear to address how wealth management can best transfer digital assets to the next…
Faisal Islamic Bank’s standalone profits down 9.3% YoY in 2023
Faisal Islamic Bank of Egypt posted a 9.3% year-on-year (YoY) decline in standalone profit after tax in 2023, according to…
Ibai Corera joins Industrials practice of Roland Berger in KSA
Roland Berger has strengthened its team in Saudi Arabia with Ibai Corera, who joins as a partner in the Industrials…
Are UAE’s hyper-rich giving enough thought to insuring their luxury assets?
As the dust settles on COP28 held in the UAE, its impact resonates profoundly, especially among the region's ultra-high-net-worth individuals…
Standard Chartered Presents 2024 Market Outlook to Hundreds of High-Net-Worth Clients
Standard Chartered Bank recently kicked off its series of market outlook events to share with its clients the myriad economic,…
QIB and Edaa sign an agreement to distribute dividends to shareholders of listed companies in Qatar
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has signed an agreement with Edaa to manage the distribution of dividends…
Gulf International Bank B.S.C releases its first Taskforce for Climate-related Financial Disclosure report
In line with the recommendations of the Taskforce for Climate-related Financial Disclosure (TCFD), Gulf International Bank B.S.C. (GIB) issued its…
Fitch Ratings affirms Gulf Bank’s long-term issuer default rating at “A” with a stable outlook
Fitch Ratings has affirmed Gulf Bank’s Long-Term Issuer Default Rating at 'A' with a Stable Outlook. Fitch has also affirmed…