All Articles

Executive Moves

Dentons welcomes Christopher Brennan and Henrietta Baker to the Middle East

February 1, 2023

Dentons have strengthened both its Investigations and Regulatory practice and its Technology, Media and Telecoms (TMT) practice in the Middle…

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Regulation, Risk & Compliance

GCC banks to refrain from redeeming hybrid capital as volatility rises: S&P Report

January 31, 2023

Gulf Cooperation Council banks will refrain from redeeming the hybrid capital instruments at the first call date for the next…

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Executive Moves

Capital Consulting International promotes Stuart Baird to global role

January 31, 2023

Capital Consulting International (CCi) has promoted Stuart Baird to Vice President of Business Development for the firm’s international client base…

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Comment & Analysis

Majority of UAE employees consider changing jobs in 2023

January 31, 2023

About 75 per cent of employees in the UAE are considering changing jobs in 2023, with many confident that they…

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Retail Banking

Al Salam Bank Launches 2023 “Danat Savings” Scheme

January 31, 2023

Al Salam Bank announced the launch of its new “Danat Savings” scheme offering cash prizes hailed among one of the…

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Retail Banking

QNB receives prestigious awards from Visa

January 31, 2023

QNB Group, one of the largest financial institutions in the Middle East and Africa, has recently been recognised through two…

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Executive Moves

Morgan Stanley's Kayello to step down as MENA head

January 31, 2023

Morgan Stanley's regional head for the Middle East and North Africa (MENA) Sammy Kayello is stepping down, the bank said…

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Comment & Analysis

Dubai’s rising population set to spur property market growth

January 31, 2023

The population in Dubai hit the 3.55 million mark in 2022. To cater to the growing population, many developers have…

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Comment & Analysis

Rapid credit growth has hit Saudi banks’ liquidity, says S&P

January 31, 2023

S&P Global Ratings said yesterday that rapid credit growth in Saudi Arabia has reduced banking liquidity and it was unclear…

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Legal

UAE changes commercial agency law to encourage more foreign investment

January 31, 2023

The UAE has amended its commercial agency law to increase its attractiveness and competitiveness as a place to do business.…

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Financial Results

Active contribution to Vision 2030 objectives, Abdullah Al Rajhi Leads alrajhi bank to Record 2022 Profits of SAR 17,151 Million, Up 16%

January 30, 2023

Mr. Abdullah bin Sulaiman alrajhi, Chairman of the Board of Directors, announced that the Bank earned SAR 17,151 million in…

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Retail Banking

National Bank of Kuwait's fourth-quarter net profit rises more than 25% on revenue boost

January 30, 2023

The National Bank of Kuwait, the biggest lender in Kuwait, said its fourth-quarter profit jumped more than 25 per cent…

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