UAE fintech Astra Tech Botim now allows its digital wallet users to buy-sell gold
‘Digital wallets’ have become a standard that more UAE consumers are getting comfortable with. Now, a UAE fintech is expanding…
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Dubai’s investment arm ICD posts $7.7bln net profit on tourism boom, high interest rates
Investment Corporation of Dubai, the main investment arm of the Dubai government, nearly doubled its net profit during the first…
Middle East could play a key role in decarbonising global economy – Wood Mackenzie
Ambitious climate and renewable energy targets worldwide present an opportunity to companies in the Middle East as decarbonising its energy…
Top 10 UAE banks record 5.6% rise in quarterly profit on lower impairment charges
The aggregate net profit of the UAE's 10 largest banks increased by 5.6 per cent on a quarterly basis in…
Arab International Bank hikes stake in SAIB to over 51%
Arab International Bank increased its shareholding in Société Arabe Internationale de Banque to 51.02% from 50.43% in exchange for $368,212.…
Aafaq Islamic Finance named as the Best Islamic Digital Banking Services in the UAE by MEA Finance Awards 2023
Aafaq Islamic Finance has been named the “Best Islamic Digital Banking Services” in the UAE by MEA Finance Awards 2023…
Next generation of ultra-rich families willing to take bigger risks
The “rising generation” in the Middle East's ultra-wealthy families is ready to take on more financial responsibility and bigger risks…
Mashreq partners with Visa and ecolytiq
Mashreq, a leading financial institution in the MENA region, in partnership with Visa and ecolytiq, is announcing the roll out…
QSE remains almost flat despite profit booking pressure
The Qatar Stock Exchange Wednesday witnessed a rollercoaster ride with it finally settling almost flat despite buying interests in five…
Asset manager SHUAA names an interim CEO
Wafik Ben Mansour has been appointed as the acting CEO of Shuaa Capital, the asset management and investment banking platform.…
Saudi Arabia is a regional powerhouse and global policy shaper: World Bank official
Saudi Arabia is the driving force behind the economic growth of the Middle East region and plays a pivotal role…
UAE Corporate Tax: How prepared are businesses as first tax year comes into sight
A ‘paradigm shift’ – an expression often used for UAE’s launch of a corporate tax – aptly describes its significance.…