Real estate trading volume over QR810m in last week
The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of…
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QNB net profit rises 8% to QR15.5bn in 2023
QNB, the largest financial institution in the Middle East and Africa (MEA) region, announced that the Board of Directors, during…
Allen & Overy advises lenders on the Damietta port project in Egypt
Allen & Overy (A&O) has advised a consortium of lenders including International Finance Corporation (IFC), European Bank for Reconstruction and…
FAB issues the first Sukuk globally in 2024
Issuance marks the first Sukuk issued globally in 2024 and stands as the region's first offering for the year. First…
Emirates NBD digital wealth platform offers choice of more than 232 mutual funds
Mutual funds display Morningstar risk and sustainability ratings as well as historical performance Emirates NBD, a leading banking group in…
PineBridge Investments Names Head of Intermediary Distribution, APAC and EMEA
PineBridge Investments has named Nicolas Kopitsis as Head of Intermediary Distribution for APAC and EMEA, effective 1 January 2024. …
Saudi Arabia secures $1.4bn in 2023, leads MENA VC fundraising
Investment in Saudi startups surged by 33 per cent year-on-year (YoY) to $1.4bn in 2023, according to Dubai-based data platform…
Top 25 global banks see market cap surge to $3.6trln in Q4 2023: GlobalData
The aggregate market capitalisation of the top 25 global banks grew by 11% to $3.61 trillion quarter-on-quarter (QoQ) during the…
Emirates Islamic to launch a digital wealth offering and equity trading on its mobile banking app
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of a Shariah-compliant digital…
Kuwait International Bank unveils KYC updates on mobile app
As part of the services offered through its mobile application, Kuwait International Bank has launched its “Update your KYC” service…
Banking sector advances towards data-driven, cloud-enabled future
Qatar’s banking sector is undergoing a significant transformation with the adoption of data analytics and cloud computing which aligns with…
UAE fintech funding surges 92% in 2023 defying global slowdown
The UAE’s financial technology sector has defied a global slowdown in investment, with funding raised nearly doubling in a year,…