Oman's GDP growth rate to slip this year on OPEC+ cuts
Oman is forecast to see real GDP growth 1.7% this year, down from 4.3% in 2022, according to Emirates NBD.…
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Dubai upskills over 170 government employees in generative AI
More than 170 government employees in Dubai have been trained to use generative artificial intelligence (AI) tools in their work,…
UAE central bank retains emirate’s growth forecast of 4.3% for 2024
A rebound in oil and non-oil activities is expected to help the UAE maintain its projected growth rate of 4.3…
Turkey's Central Bank hikes interest rate to 15 percent to tackle inflation
Turkey's Central Bank has increased interest rates from 8.5 percent to 15 percent to counter sky-high inflation. Following the…
Egypt's central bank keeps interest rates steady
The Central Bank of Egypt (CBE) kept its key overnight interest rates unchanged on Thursday, saying commodity prices appear to…
PineBridge Investments Appoints Mick Sweeney as Chief Executive Officer, EMEA
PineBridge Investments has, following regulatory approval, appointed Mick Sweeney as Chief Executive Officer (CEO) of PineBridge Investments EMEA. In…
UAE banking system maintained stable funding in Q1-23: CBUAE
The Central Bank of the United Arab Emirates highlighted the persistent credit appetite of the private sector, evident in the…
Saxo Bank surpasses 1mln clients
Saxo Bank, which offers online trading platforms, investing, and wealth management solutions, announces a new milestone as it passes 1…
Egypt’s first Islamic invoice financing platform Agel raises an undisclosed seven-figure pre-seed round
Agel has announced that the company has successfully closed the pre-seed round for undisclosed seven-digit figures. The investment round…
Bank ABC names new European head of global transaction banking
Bahrain-headquartered Bank ABC has named Jim Murphy as its new European head of global transaction banking. Murphy replaces Damian…
UAE’s first digitally-enabled private wealth management platform, Vault, to redefine investment practices in the region
Vault, the pioneering private wealth management platform backed by global venture capital firm Outliers VC, is set to revolutionize investment…
Dubai International Financial Centre Reveals Plans for Second Edition of Dubai FinTech Summit
Dubai International Financial Centre , the leading global financial centre in the Middle East, Africa, and South Asia region, has…