UAE luxury cars market on solid track
Sales of luxury cars in the UAE continue to boom with the country becoming among the top global markets. …
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GCC banking sector sees growth in lending during Q2
The GCC banking sector witnessed continued growth in lending during the second quarter (Q2) of this year despite interest rates…
Saudi partnership for Tempest superjet to 'speed up' project
Saudi Arabia’s request to be a primary partner in the advanced Tempest fighter could “speed up” the project’s development, military…
QCB issues treasury bills worth QR4bn
Qatar Central Bank issued treasury bills for August for maturity dates of a week, one month, three months, six months,…
Banking sector fintec major Zafin eyes $5bn market with early AI product launch in Middle East
Leading international banking sector SaaS (Software-as-a-Service) company Zafin is set to introduce some of its AI-based products in the Middle…
CBK OKs Gulf Bank's capital rise by $84.7mln
The Gulf Bank on Wednesday announced the Central Bank of Kuwait approval to increase its issued and paid-up capital by…
Bahrain-listed firms’ net profits fall 58%
Bahrain-listed companies’ net profits fell by 58 per cent year-on-year (y-o-y) in Q2-2023, dragged down by declines in the materials,…
Global sentiments reflect on QSE as index tanks 155 points; M-cap melts QR9bn
Reflecting the sentiments in the global markets over the US economic data and the expectations on the future path of…
Estithmar Holding announces new subsidiary in Jordan
Estithmar Holding Q.P.S.C. announced yesterday the establishment of a new subsidiary company with limited liability in Jordan. Estithmar Holding…
UAE family offices and UHNWIs forecasted to contribute half $1 trillion by 2026
In the UAE, financial wealth, generated by ultra-high-net-worth individuals and family offices is forecasted to increase to 46 per cent…
Black Banx Backing Turkey’s Evolution Into Fintech Center
As reported by Fintech Finance News reported last August 21, the country of Turkey completed the approval of the country’s…
Spanish investment bank Alantra hiring for new Gulf-focused office in Dubai
Spanish investment bank Alantra said on Wednesday it is in the process of hiring a team to grow its business…