All Articles

Hedge Funds & Alternative Investments

Family disputes are the biggest challenge facing family businesses in GCC – DIFC survey

March 2, 2023

Family disputes and insistence on family control regardless of qualification are the biggest challenges facing family businesses, according to a…

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Hedge Funds & Alternative Investments

Allianz Life Assurance in Egypt becomes exclusive partner of HPA

March 2, 2023

Allianz Life Assurance in Egypt has announced that it had entered into a partnership with Human Power Association - Egypt…

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Retail Banking

First Abu Dhabi Bank facilitated over $9bln worth of sustainable projects in 2022: CEO

March 2, 2023

Hana Al Rostamani, Group Chief Executive Officer of FAB said that throughout 2022 the bank continued to build and leverage…

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FinTech

Investments into DIFC’s fintech, innovation sector hit $615mln in 2022

March 1, 2023

The fintech and innovation sector in the region has continued to expand and its market value is forecast to double…

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Executive Moves

Ooredoo Oman appoints Bassam al Ibrahim as new CEO

March 1, 2023

Omani Qatari Telecommunications Company (Ooredoo Oman) has announced the appointment of Bassam al Ibrahim as the new chief executive officer…

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Financial Results

SABIC’s revenue rises by 13% to $53bn in 2022

March 1, 2023

Saudi Basic Industries Corp. has reported a 13 percent rise in total revenue to SR198.47 billion ($52.88 billion) in 2022,…

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Environment and Sustainable Investments

More GCC green energy projects set to tap into capital markets for financing, S&P says

March 1, 2023

The number of renewable energy projects, including solar plants, expected to tap into capital markets for financing is set to…

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Hedge Funds & Alternative Investments

UAE's National Bonds to allow customers loans from banks against their savings

March 1, 2023

UAE residents could soon start using their savings with National Bonds to take out short-term loans. Since all such loans…

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Tax

UAE Corporate Tax: What real estate investments can mean for a business

March 1, 2023

The introduction of corporate tax in the UAE is going to be a commendable effort from a policy perspective. Considering…

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Regulation, Risk & Compliance

UAE central bank revokes licence of Dollar Exchange over serious misconduct

March 1, 2023

A second UAE-based exchange house has had its licence revoked this week and had its name struck from the central…

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Retail Banking

FAB to distribute $1.5bln cash dividends after record net profit

March 1, 2023

First Abu Dhabi Bank , the UAE’s biggest lender, is set to distribute 51% cash dividends after reporting record earnings…

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Uncategorized

Investcorp expands globally, launches its presence in Japan

February 28, 2023

Investcorp, a leading global alternative investment firm, has announced its entry into the Japanese market with the opening of its…

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