UAE’s Mubadala, Stone Point to acquire 20% in US broker Truist Insurance for $1.95bln
Abu Dhabi sovereign wealth fund Mubadala Investment Company and private equity firm Stone Point Capital are acquiring a stake in…
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EFG Hermes concludes advisory on Al Taamir Mortgage Finance
This issuance marks the first in a wider EGP 3 billion securitization program for Al Oula, supporting the mortgage player…
Saudi mining giant Ma'aden gets DIFC captive licence
Saudi Arabian Mining Company (Ma'aden), the largest multi-commodity mining and metals company in the Middle East and one of the…
New opportunities for savings
The annual certificates of deposit with an interest rate of 18 per cent that were issued by the National Bank…
Egypt’s foreign reserves surge to over $34bn in February
Egypt’s foreign reserves surged to reach $34.35 billion by the end of February 2023, the latest data from the Central…
Allianz Egypt renews official insurance sponsorship of "Butterfly queen” Farida Osman for next two years
Allianz Egypt has announced the renewal of the official insurance sponsorship of Egyptian swimming champion Farida Osman for the upcoming…
SABB and Saudia offer special rewards for Alfursan program members
SAUDIA and The Saudi British Bank have announced the revamping of SABB ALFURSAN Mastercard credit card with an array of…
Qatar Financial Centre PMI
PMI rises to six-month high as activity and new orders rebound Future Output Index improves further to 41-month high Wage…
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…
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…