Articles - Managers of Wealth Middle East

UAE’s Emirates Islamic issues dirham-denominated sukuk valued at Dhs1bn

February 10, 2023

Emirates Islamic has successfully priced its inaugural Dhs1bn dirham-denominated sukuk. The bank’s sukuk sale will expand financing options for…

Retail Banking

Burgan Bank Kuwait posts net income for FY 2022

February 10, 2023

Burgan Bank announced its financial results for the fiscal year ending December 31, 2022, reporting Revenues of KD 232 million…

Hedge Funds & Alternative Investments

Abu Dhabi-based Aldar records net profit of Dhs3.1bn in 2022

February 10, 2023

Aldar reported a 35 per cent increase in net profit to Dhs3.1bn for the year ending December 31, 2022. …

Regulation, Risk & Compliance

Sheikh Abdullah says Cop28 must 'unleash climate progress'

February 10, 2023

The Cop28 summit must galvanise countries to act against climate change, the head of the UAE's delivery committee has said.…

Retail Banking

First Abu Dhabi Bank says not currently evaluating offer for StanChart

February 10, 2023

First Abu Dhabi Bank the United Arab Emirates' biggest lender, said on Friday it was not currently evaluating an offer…

FinTech

SNB Capital Begins Saudi Securities Lending Journey with Broadridge

February 10, 2023

To address recent regulatory changes, SNB Capital has chosen global Fintech leader, Broadridge Financial Solutions, to help build its local…

FinTech

Cisco study identifies key success factors to boost security resilience in Saudi Arabia

February 9, 2023

54 percent of organizations surveyed in KSA had experienced a security event that impacted business. Adoption of Zero Trust (36…

Financial Results

SABB increases net profit by 52% to SAR 4,872mln during 2022

February 9, 2023

Ms. Lubna S. Olayan, Chair of the Board of Directors of Saudi British Bank (‘SABB’), announced the Bank’s financial results…

FinTech

Dubai's DEWA plans to use ChatGPT to boost services

February 9, 2023

The Dubai Electricity and Water Authority (DEWA) is looking to use ChatGPT technology to enhance its services. In a…

FinTech

Saudi Kingdom Holding leads $133mln funding round for delivery app Nana

February 9, 2023

Saudi billionaire Prince Alwaleed Bin Talal’s investment firm Kingdom Holdings led a $133 million funding round for grocery delivery platform…

Hedge Funds & Alternative Investments

Bahrain's Investcorp acquires logistics facility in UK for $28mln

February 9, 2023

Investcorp, a Bahrain-based alternative investment management firm, has acquired a prime logistics facility in Scotland from a UK institution for…

Trading, Broking & Stock Exchanges

Egypt unveils list of 32 state-owned companies to be floated by March 2024

February 9, 2023

Egypt has announced its plans to sell stakes in 32 state-owned companies, including three banks and two military-owned companies, by…

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All Articles

UAE’s Emirates Islamic issues dirham-denominated sukuk valued at Dhs1bn

Burgan Bank Kuwait posts net income for FY 2022

Abu Dhabi-based Aldar records net profit of Dhs3.1bn in 2022

Sheikh Abdullah says Cop28 must 'unleash climate progress'

First Abu Dhabi Bank says not currently evaluating offer for StanChart

SNB Capital Begins Saudi Securities Lending Journey with Broadridge

Cisco study identifies key success factors to boost security resilience in Saudi Arabia

SABB increases net profit by 52% to SAR 4,872mln during 2022

Dubai's DEWA plans to use ChatGPT to boost services

Saudi Kingdom Holding leads $133mln funding round for delivery app Nana

Bahrain's Investcorp acquires logistics facility in UK for $28mln

Egypt unveils list of 32 state-owned companies to be floated by March 2024

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