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Retail Banking

Saudi Fund signs $100mln development loan agreement for climate-smart infrastructure project in Grenada

October 16, 2023

CEO of the Saudi Fund for Development (SFD) Sultan Al-Marshad signed today SFD's first development loan agreement with Minister of…

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Uncategorized

How Wealth Managers Should Weigh Up the Value Proposition of the Investment Platform and Wealth Service Providers

October 16, 2023

Nicholas Wright, Regional Head of Institutional Business for Saxo Bank, has some clear insights when it comes to the value…

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Executive Moves

Julius Baer appoints Rahul Malhotra to newly restructured Executive Board

October 13, 2023

Julius Baer Group has announced the promotion of Rahul Malhotra from Global India Head to Lead Emerging Markets and to…

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Regulation, Risk & Compliance

DFSA fines former CFO of listed REIT for being knowingly concerned in misleading statements and accounting breaches

October 13, 2023

The Dubai Financial Services Authority  has  published a Decision Notice imposing a penalty of USD 33,220 (AED 122,000) on Mr…

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Retail Banking

NBK Garlanded with Four Prestigious Awards at Qorus Banking Innovation Awards 2023

October 13, 2023

National Bank of Kuwait has received four prestigious awards at Qorus Banking Innovation Awards 2023 held in Dubai to spotlight…

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Comment & Analysis

How to setup a business in Dubai? Dubai Chambers launches guide

October 13, 2023

As Dubai’s digital economy flourishes, Dubai Chamber of Digital Economy, an integral part of Dubai Chambers, has taken a significant…

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Hedge Funds & Alternative Investments

Dubai’s Rasmala acquires London residential blocks for $63mln

October 13, 2023

Dubai-based Rasmala Investment Bank has completed the acquisition of residential blocks in London for $63 million.   The newly acquired…

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Executive Moves

Nomura International Wealth Management Names Anurag Mahesh Coverage Head for Southeast Asia, Global South Asia and Middle East

October 13, 2023

Nomura, Asia’s global investment bank, today announced that Anurag Mahesh will join its International Wealth Management business later this year,…

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Uncategorized

Oil and beyond – the Gulf economies’ path to new horizons

October 13, 2023

Key takeaways: Growth in the Gulf economies will stall in 2023, with a modest rebound in 2024. We maintain our…

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Executive Moves

Taylor Wessing appoints leading funds formation lawyer Fawaz Elmalki as consultant Senior Counsel in Dubai Corporate team

October 12, 2023

We have announced that we have hired Fawaz Elmalki, a leading funds formation lawyer in the Middle East, to join…

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Investment Banking

Commercial Bank of Kuwait successfully completes the issuance of first tranche under subordinated tier 2 bonds program of the Bank

October 12, 2023

In its capacity as the issuer, The Commercial Bank of Kuwait (Al-Tijari), and the Kuwait Financial Centre “Markaz”, the lead…

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FinTech

Insight: Using generative AI to accelerate digital transformation safely

October 12, 2023

History will earmark 2022 as a pivotal juncture in the Fourth Industrial Revolution, when generative AI transitioned into the mainstream.…

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