Saudi Arabia pumps $5bn into Turkish economy
Saudi Arabia and Turkiye on Monday concluded a long-awaited agreement for the Kingdom to invest $5 billion in the central…
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New UAE Governments Net Zero 2050 Charter to drive collective climate action
The landmark UAE Governments Net Zero 2050 Charter was signed in the presence of Sheikh Mohammed bin Rashid Al Maktoum,…
Azimut Egypt targets $488mln in assets under management in 2023
Ahmed Morshed, head of the financial advisory sector at Azimut for asset management, has revealed that the company aims to…
Khaled AlHammadi to lead Commercial Bank of Dubai's retail banking program as General Manager of Personal Banking Group
Appointment part of CBD's commitment to attracting and retaining top Emirati talent AlHammadi brings over 20 years of experience in…
Mastercard Supports Bahrain Banking Group With a Range of Services
Bahrain-based pan-regional banking group Ahli United Bank BSC has signed a strategic partnership with Mastercard to make the payments leader…
Iron Wealth gets approval for multi-family office services in Dubai
Iron Wealth Managers Multi Family Office FZCO (Iron Wealth) has received the approval of Dubai World Trade Centre Authority (DWTC)…
UAE: Savings deposits worth Dh245.867 billion recorded by December 2022
Savings deposits in the UAE banking system, excluding interbank deposits, increased to Dh245.867 billion by the end of December 2022,…
Banque du Caire launches “Tally” e-payments company, with $16.28mln paid-up capital
Tarek Fayed, Chairperson and CEO of Banque du Caire, announced the launch of the “Tally” e-payments platform, as one of…
Clifford Chance and AS&H announce JV in Saudi Arabia to create AS&H Clifford Chance
Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm has announced their agreement to enter into a 50:50 Joint Venture in…
Riyadh Derouiche joins partner team of Strategy
Strategy& has welcomed a new partner to its team in the Middle East: Riyadh Derouiche, who brings close to two…
Abu Dhabi's G42 to launch IPO for second subsidiary, presight.ai, in Dh1.8b issue
The Abu Dhabi based G42 Group is launching an IPO for a second subsidiary – presight.ai – by offering 1.35…
UAE’s Alpha Dhabi sees net profit rise by 104% to Dhs10.6bn
Alpha Dhabi Holding has reported its financial results for the full-year period ending December 31, 2022. In 2022, Alpha…