Articles - Managers of Wealth Middle East

Dubai's Sukoon Insurance gets UAE Central Bank go-ahead to buy Arabian Scandinavian Insurance Co.

April 14, 2023

The UAE insurance sector is seeing another round of consolidation, with Dubai-headquartered Sukoon Insurance (formerly Oman Insurance Co.) getting the…

Comment & Analysis

Google survey: About half of company executives say economic headwinds slowing green push

April 14, 2023

About half of global corporate executives say worsening economic headwinds are hampering progress on their sustainability initiatives, a Google Cloud…

Comment & Analysis

Four new special economic zones to be established in Saudi Arabia

April 14, 2023

Four special economic zones are to be established in Saudi Arabia, Crown Prince Mohammed bin Salman announced on Thursday. …

Financial Results

Qatar: Dukhan Bank AGM approves 16% cash dividend for 2022

April 14, 2023

The shareholders of the newly-listed Dukhan Bank have approved 16% cash dividend for 2022. At the annual general assembly…

Regulation, Risk & Compliance

MENA economies to expand at a slower pace in 2023 – IMF

April 14, 2023

Growth in the Middle East and North Africa (MENA) economies is projected to slow to 3.1% this year, from 5.3%…

Hedge Funds & Alternative Investments

UAE property developer DAMAC plans 3-year US dollar Islamic bond – document

April 14, 2023

Property developer DAMAC Real Estate Ltd (DAMAC) has mandated banks to arrange investor meetings ahead of a potential three-year U.S.…

Retail Banking

Oman's Al Ahli Bank rejects merger proposal from Bank Dhofar

April 13, 2023

Oman’s Al Ahli Bank said it has rejected the non-binding offer it received from Bank Dhofar S.A.O.G, Oman's second-largest lender…

Environment and Sustainable Investments

UAE's Masdar acquires 50% stake in US project from EDF Renewables

April 13, 2023

State-owned Masdar, the UAE's biggest renewables company, has completed the acquisition of a 50% stake in a combined solar and…

Executive Moves

Oliver Norman appointed VP of Channel & Alliances, EMEAI at Veritas Technologies

April 13, 2023

Veritas Technologies has announced that Oliver Norman has joined the company as VP of Channel & Alliances, EMEAI. In…

Hedge Funds & Alternative Investments

The UAE’s top rank for safe investment is bolstering Dubai’s property sector

April 13, 2023

The UAE was ranked the seventh-best country to invest in globally in 2022 Nearly 60% of prospective buyers and 80%…

FinTech

E-payment share in retail sector exceeds target as KSA pushes for cashless economy

April 13, 2023

The use of the electronic mode of payments continues to accelerate in Saudi Arabia, with the retail sector surpassing the…

Hedge Funds & Alternative Investments

Saudi Arabian fintech Hakbah closes $2mln funding

April 13, 2023

The Saudi Arabia-based fintech savings platform Hakbah has closed a $2 million, pre-Series A, funding round after it was granted…

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All Articles

Dubai's Sukoon Insurance gets UAE Central Bank go-ahead to buy Arabian Scandinavian Insurance Co.

Google survey: About half of company executives say economic headwinds slowing green push

Four new special economic zones to be established in Saudi Arabia

Qatar: Dukhan Bank AGM approves 16% cash dividend for 2022

MENA economies to expand at a slower pace in 2023 – IMF

UAE property developer DAMAC plans 3-year US dollar Islamic bond – document

Oman's Al Ahli Bank rejects merger proposal from Bank Dhofar

UAE's Masdar acquires 50% stake in US project from EDF Renewables

Oliver Norman appointed VP of Channel & Alliances, EMEAI at Veritas Technologies

The UAE’s top rank for safe investment is bolstering Dubai’s property sector

E-payment share in retail sector exceeds target as KSA pushes for cashless economy

Saudi Arabian fintech Hakbah closes $2mln funding

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