South African investment in Dubai tops $294mln over five years
South African investment in Dubai exceeded AED1 billion (US$294 million) over the past five years, reflecting growing economic ties between…
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HSBC charged for helping former Lebanese central bank head embezzle hundreds of millions
The Swiss subsidiary of HSBC is suspected of having helped former Lebanese central bank chief Riad Salameh embezzle more than…
ADIB launches WPS integration to streamline salary payments in UAE
Abu Dhabi Islamic Bank (ADIB) has introduced a new digital service that enables individual employers to register and pay employees’…
SNB Capital promotes AlGharir
SNB Capital has promoted Abdulaziz A. AlGharir to vice president, head of money market and funding, within the firm’s Saudi…
BCG promotes Andrea Nogara and Rami Rafih to senior partner in Riyadh
Global strategy and digital consulting firm Boston Consulting Group has promoted Andrea Nogara and Rami Rafih to managing director and…
Wio Bank partners with Geidea to bring business banking and financing directly to UAE SMEs
Wio Bank PJSC, the Middle East's leading digital banking platform, has signed a partnership agreement with Geidea, one of the…
Dubai Chambers forms Executive Committee for Agentic AI and holds its first meeting
H.E. Eng. Sultan bin Saeed Al Mansoori: “The transition towards Agentic AI reflects Dubai’s proactive approach to adopting advanced technologies…
Bahrain raises $1bln in 10-year USD bond; demand exceeds $3bln
Bahrain has raised $1 billion through a 10-year USD bond, attracting strong investor demand that pushed order books above $3.2…
QFC, Ahli Bank boost FinTech innovation
Qatar Financial Centre (QFC) has signed a memorandum of understanding with Ahli Bank Q.P.S.C. to accelerate FinTech innovation, digital transformation…
Global millionaire population jumps by nearly 2 million in 2025, driven by strong stock market performance worldwide
U.S. adds 736,000 new millionaires — more than any other market — to reach 8.7 million Ultra-high-net-worth individual population expands…
NBK's eSavings Account: A 100% digital savings experience that is smarter and easier
Al-Baker: A new step in NBK's journey towards enhancing digital innovation. A comprehensive savings experience combining smart tools, flexible rewards,…
WTW receives DFSA licence approval to operate investment business in Dubai International Financial Centre
WTW has announced that it has received approval from the Dubai Financial Services Authority (DFSA) for a licence to operate…