ABK announces net profit growth of 19% in 2022
Al Ahli Bank of Kuwait reported a net profit of KD 32.3 million in the financial year 2022. The increase…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47838 articles available
Investcorp to make strategic investment in DevOps Leader Eficode to boost global expansion
Investcorp has announced that it has agreed to make a significant investment to become a majority shareholder in Eficode (“the…
Al Salam Bank Wins ‘Best Retail Bank In Bahrain’
Al Salam Bank has achieved a significant milestone with its recent award of 'Best Retail Bank in Bahrain’ at the…
Saudi Arabia names new Central Bank governor
Saudi Arabia has replaced central bank governor Fahad Al Mubarak, bringing to an end his second stint in the role.…
Dukhan Bank to list shares through direct listing
Dukhan Bank (the “Bank”), the third largest and fastest growing Islamic bank in Qatar, licensed and regulated by the Qatar…
Qatar’s business activity to be strongest in three years
The first batch of Purchasing Managers’ Index survey data from Qatar Financial Centre for 2023 indicated a cooling of business…
Qatar banking sector assets up 3.3%
Qatar’s banking sector assets increased by 3.3 percent MoM (up 4.2 percent in 2022) in December 2022 to reach QR1.905…
HSBC embarks on Saudi Arabia hiring spree amid deals boom
HSBC is hiring dealmakers as "fast as it can" in Saudi Arabia to capitalise on a wave of financing activity…
Middle East M&A activity surges as wealth funds use deals to build local champions
Middle Eastern sovereign wealth funds are using merger and acquisitions (M&A) to scale into new verticals and build local champions,…
ADNOC, 23 companies ink deals for local manufacturing opportunities worth Dhs17bn
ADNOC has signed agreements with 23 UAE and international companies for local manufacturing opportunities across a wide range of critical…
Gulf Bank's net profits jumped 46.8% to $202.56mln
Gulf Bank recorded a net profit of 61.8 million Kuwaiti Dinars for 2022, an increase of 46.8% compared to 2021,…
Abu Dhabi to deploy laser-based technology to measure vehicle emissions
Abu Dhabi will deploy a remote-sensing system to measure emissions emanating from vehicles on its roads. The Environment Agency…