QNB announces strategic sponsorship of SME Excellence awards
QNB Group, the largest financial institution in the Middle East and Africa, announced its strategic sponsorship of the SME Excellence…
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Saudi Arabia's banking sector soars in 2022, poised for continued growth in 2023
The banking sector in Saudi Arabia experienced a period of high profitability in 2022 as a result of the Kingdom's…
City Centre Bahrain welcomes 60 new lifestyle brands to its expanding retail portfolio
With over 340 retail outlets and 14 million visitors each year, homegrown brands contribute to over 15% of Majid Al…
Software AG and IBTech join forces to develop mission critical public safety system across the region
Driven by Software AG’s Cumulocity IoT and webMethods Integration platform, the solution powers faster notification of emergency events which contributes…
Alvarez & Marsal Releases FY2022 UAE Banking Pulse
UAE banks are ‘strong, capitalization is in good shape’ with higher return ratios Profitability of top 10 lenders increased by…
Addleshaw Goddard announces new key hire for upcoming Riyadh office
Amar Meher, a leading banking and finance lawyer, joins two high profile Saudi partners and AG infrastructure and project partner…
Align Technology showcases Invisalign ModerateTM Package in the Kingdom of Saudi Arabia
Align Technology reinforces its commitment to elevating standards of doctor-led orthodontic care in the Kingdom of Saudi Arabia (KSA) Invisalign…
UAE's Astra Tech scores Mastercard principal membership
Astra Tech's PayBy has achieved a significant milestone in the MENA region fintech space by becoming one of the first…
IFC Invests in First Green Bond in Jordan to Boost Climate Finance, Spur Growth
IFC's pioneering investment in Jordan's first green bond will help fund green projects in the country, addressing growing climate challenges…
Abu Dhabi-based IHC’s 2022 profit surges to a record $8.9bn
International Holding Company said its annual net profit surged 181 per cent in 2022 to a record $8.9bn (Dhs32.6bn), the…
Dubai’s Union Properties returned to profit in 2022 but faces dissolution vote
Dubai-based Union Properties returned to a profit of AED 30 million ($8.2 million) in 2022. However, the developer will present…
Sheikh Tahnoon named chair of $790bn Abu Dhabi sovereign wealth fund
Sheikh Tahnoon bin Zayed al-Nahyan has been appointed chair of the $790bn Abu Dhabi Investment Authority, the main sovereign wealth…