Aldar's Q2 2023 net profit rises 52%
Group H1 2023 Highlights Cross-platform growth gathers pace fueled by the execution of development revenue backlog, strong quarterly development…
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Dubai's Shuaa Capital launches Saudi-focused fund
Dubai-based investment bank Shuaa Capital has launched a new Shariah-compliant fund focused on Saudi Arabia equities. The new fund,…
Kuwait International Bank rolls out corporate online banking platform
Kuwait International Bank has announced the launch of its all-new Corporate Online Banking platform, heralding a new phase of financial…
KIB launches all-new state-of-the-art corporate online banking platform
Kuwait International Bank (KIB) has announced the launch of its all-new Corporate Online Banking platform, heralding a new phase of…
How AI and blockchain technologies are shaping financial markets in the GCC
It didn’t take long for Artificial Intelligence (AI) and Blockchain technologies to impact companies, as their rise is gradually shaping…
The Family Office unveils ‘Fintech Lab’ offering unmatched digital investment experience
The Family Office, a leading wealth manager in the GCC, has announced the launch of its new “fintech lab” at…
Citi appoints new CEO for its business in Kuwait
Citi has recently announced the appointment of Omar Amireh as the new Chief Executive Officer (CEO) for its business in…
Bank of Singapore Adds Senior Middle East Duo
Wealth managers continue to tap into the growing Middle East opportunity with Bank of Singapore hiring two senior executives in…
Ooredoo Group first half revenue up 3% to QR11.4bn
Ooredoo Q.P.S.C. (“Ooredoo”) yesterday announced its financial results for the six-month period ended June 30, 2023. In the first half…
UAE Corporate Tax: Businesses have 9-month window to get filings right and stay clear of penalties
Now that the UAE Ministry of Finance has set the penalty structure for non-compliance on corporate tax, businesses have a…
Qatar sees 5% increase in interest rates since January 2022
Qatar has seen a cumulative 5% or 500 basis points (bps) hike in interest rates since January 2022, even as…
Oman Cables Industry commits to sustainability; identifies 50 sustainable projects
Oman Cables Industry (OCI), along with its strategic partner Prysmian Group, has identified 50 sustainable projects over the next three…