EFG Hermes managed 4 IPOs on Tadawul in 2023: Co-Head of Investment Banking
EFG Hermes has managed several successful initial public offerings in the Gulf markets, particularly in Saudi Arabia, the UAE, Kuwait,…
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HSBC appoints Head of Global Private Banking in Kuwait
HSBC has launched onshore wealth management advisory services in Kuwait, expanding HSBC’s Global Private Bank offering in the country as…
EFG Holding’s Q2 2023 revenue jumps 51% to $844m
EFG Holding posted higher quarterly revenue and profit, buoyed by broad-based growth across the investment bank (EFG Hermes), the commercial…
Bahrain Al Salam Bank's Q2 net profit up 47%
Al Salam Bank, the largest Islamic bank in Bahrain, has reported a net profit attributable to shareholders of 10.3 million…
UAE slaps $1.3mln fine on exchange house for violating compliance laws
The Central Bank of the UAE has imposed a financial sanction and a fine of 4.80 million dirhams ($1.3 million)…
GFH reports a 29.5% increase in net profit
Group Highlights for Q2 and H1 2023: Successfully executed its strategy and reported enhanced financial performance and results…
ADIB finances UK real estate assets worth $128m in H1 2023
Abu Dhabi Islamic Bank continues to grow its UK commercial real estate financing portfolio with more than $128m (GBP100m) in…
Network International’s half-year revenues reach $239m
Dubai-based Network International Holdings’ half-year revenues surged by 17 per cent to $239m compared to the same period a year…
Dubai house rents have jumped more than 20% so far in 2023
The Dubai housing market continued to grow over the summer, with average residential rents rising by 22% in the year…
Qatar’s daring tech overhaul opens doors for digital empowerment and innovation
In the ever-evolving landscape of technological advancements, Qatar is fervently pursuing rapid progress in the realms of digital space and…
BNP Paribas' WM CEO for EMEA transitions to new post
BNP Paribas’ CEO of wealth management Middle East and Africa is transitioning out of this role, but will stay with…
UAE family office Vivium Holding acquires VIVA Sotheby’s International Realty in Spain
Family office and investment firm Vivium Holding has acquired Viva Sotheby’s International Realty in Spain, it said on Thursday. …