All Articles

Regulation, Risk & Compliance

Dubai International Finance Centre Grows at Record-Breaking Pace in 2022

February 23, 2023

Dubai International Financial Centre (DIFC), the Middle East, Africa and South Asia region's leading global financial centre, continued to grow…

Read More

FinTech

44% of employees in Egypt fear losing their jobs to AI

February 22, 2023

AI use is on the rise, which poses a risk to the existence of many jobs across regions. Recently the…

Read More

Executive Moves

Gibson Dunn Continues Middle East Expansion with the Hire of Laleh Shahabi in Abu Dhabi

February 22, 2023

Gibson, Dunn & Crutcher LLP has announced the hire of banking and finance partner Laleh Shahabi, who will join the…

Read More

Comment & Analysis

Five steps to improve the odds of M&A integration success

February 22, 2023

In today’s uncertain and complex environment, successfully closing and integrating a deal can be a major challenge for dealmakers. Nicolas…

Read More

Comment & Analysis

Accenture commits to more women in UAE leadership positions

February 22, 2023

The UAE is making serious progress on gender equality with a focus on private sector partners. Accenture is among the…

Read More

Hedge Funds & Alternative Investments

ADGM teams up with UAE digital lender Zand Bank to support SMEs

February 22, 2023

Abu Dhabi Global Market (ADGM), the UAE capital's financial hub, has partnered with Zand Bank, the digital lender licensed by…

Read More

FinTech

Riyad Bank goes live in the Kingdom of Saudi Arabia with the E-invoicing ZATCA integration; enabled by SunTec Xelerate

February 22, 2023

SunTec Business Solutions has announced that Riyad Bank, one of the largest financial institutions in the Kingdom of Saudi Arabia…

Read More

Retail Banking

Commercial International Bank – FMO and CIB Sign USD 50 mln Credit Guarantee to Support SME Customers in Egypt

February 22, 2023

Commercial International Bank has  announced that they signed a credit guarantee agreement, worth USD 50 mn, to cover loans granted…

Read More

Financial Results

Al Baraka Group’s 2022 net profit increases by 52% to $239mln

February 22, 2023

Al Baraka Group has announced its financial results for the fourth quarter (“the quarter”) and twelve months ended 31 December…

Read More

Executive Moves

AXA General Insurance Egypt welcomes Sameh Anas as the new Managing Director appointed by FRA

February 22, 2023

AXA General Insurance Egypt has received approval from the Financial Regulatory Authority on appointing Sameh Anas as its new Managing…

Read More

Executive Moves

Abu Dhabi’s FAB Hires Edmond de Rothschild Executive to Lead Private Bank

February 22, 2023

First Abu Dhabi Bank PJSC hired Michel Longhini from Edmond de Rothschild to lead its global private bank.   Longhini…

Read More

Retail Banking

Ithmaar Bank reports $22mln net profit for 2022

February 22, 2023

Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a total net profit of BD8.34 million ($22 million) for FY…

Read More