State Street Secures Local Fund Administration License in Saudi Arabia
State Street Corporatio has announced its fully owned subsidiary, State Street Saudi Arabia Financial Solutions, has upgraded its license to…
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GCC credit markets after the Iran shock
The closure of the Strait of Hormuz has been the GCC’s biggest geopolitical shock in decades – but not a…
Global Wealth Report 2026: Global wealth rose over 10% in 2025
In 2025, global personal wealth rose by 10.8% in USD terms, significantly outpacing growth seen in 2024 (4.6%) and 2023…
Hawksford underlines commitment to Middle East growth with Director promotion
Hawksford has promoted Tommaso Barindelli to Director as part of the firm’s ongoing strategy to strengthen its senior team in…
Saudi services exports climb 7.9% in Q1 as travel drives non-oil growth
Saudi Arabia’s services exports rose 7.9 percent quarter on quarter to SR71.3 billion ($18.96 billion) in the first three months…
Federal Tax Authority issues 2025 Annual Report
Tax Registration Transactions Increase to 1.7 Million, up 20% FTA Communication Channels Receive 625,000 Transactions in 2025, While Customer Happiness…
MENA Banking Excellence Awards reveals retail, digital and SME winners
The winners of the MENA Banking Excellence Awards 2026: Retail, Digital and SME Banking have been announced, with banks and…
African banks in hot pursuit of Kenya’s profits face tough local rivals
African banks including Egypt’s Commercial International Bank (CIB), Nigeria’s Access Bank and South Africa’s Nedbank are seeking to expand in…
Dubai Financial Audit Authority joins the elite group of NASBA-accredited continuing professional education providers
The Dubai Financial Audit Authority (FAA) announced that its Academy has been accredited by the National Association of State Boards…
Imperium opens Abu Dhabi Global Market office
Imperium has opened Imperium (AD) Limited, its new private wealth office located on Al Maryah Island within Abu Dhabi Global…
NBK allows customers 24/7 access to their valuables via digital safety deposit boxes
National Bank of Kuwait’s automated safe deposit box service allows customers to easily access their valuables 24/7, without the need…
UAE Central Bank develops new framework for dormant accounts and unclaimed funds
The Central Bank of the United Arab Emirates has announced the development and expansion of a system regulating dormant accounts…