Jersey Finance Report reveals optimistic outlook
Jersey Finance, an award-winning international financial centre, held an exclusive event delving into the crucial realms of succession and governance…
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Bank Hapoalim cuts Q3 dividend to 20% of profit
Bank Hapoalim has become the first Israeli bank to publish its results for the third quarter of 2023. The bank…
Ajman Bank Appoints Mamoun Alhomssey as the new Chief Technology Officer
Ajman Bank has announced the appointment of Mamoun Alhomssey as the new Chief Technology Officer. With a distinguished career spanning…
Andrew Cleator joins Knight Frank's Prime Residential practice
Knight Frank has welcomed Andrew Cleator to its Associate Partner ranks in the Middle East. Operating out of the…
Kuwaiti bank settlements hit 182.7bln dinars in 2023
Settlement transactions among local banks in Kuwait demonstrated a robust performance during the first nine months of 2023, amounting to…
KPMG installs Damian Grice as COO for Lower Gulf
KPMG has brought in financial services executive Damian Grice as its new Chief Operating Officer for the Lower Gulf. …
Baker McKenzie advises Arab Bank Switzerland on its acquisition of the Quarz'Up development project near Geneva in a share deal
Baker McKenzie Switzerland advised Arab Bank Switzerland Ltd. on its acquisition of the Quarz'Up project, a first-class, multifunctional commercial development…
Dubai-based last-mile delivery startup secures $16mln in funding
Wize, a Dubai-based startup that provides eco-friendly solutions for the last-mile delivery market, has raised $16 million in a pre-seed…
EFG Holding posts EGP3bn in Q3 2023 revenue
EFG Holding posted higher quarterly revenue and profit, driven by robust growth across the investment bank (EFG Hermes) and the…
UAE Corporate Tax: Big relief for commodity traders in free zones
The taxation aspect at UAE free zones is back into focus. A new cabinet decision and a corresponding ministerial decision…
Al Salam Bank launches 'Al Salam Takaful' for individuals, SMEs
Al Salam Bank has partnered with Solidarity Bahrain to launch ‘Al Salam Takaful’, a comprehensive Shari'a-compliant insurance package. Individuals…
Saudi welcomes first hybrid and EV maintenance network with Petromin EV auto care
Petromin, a leading name in the automotive industry, made history on November 13, 2023, with the grand launch of the…