Citi appoints wealth head of Apac cards and unsecured lending
Seventeen-year Citi veteran Sanjay Nambiar has been named head of cards and unsecured lending for Asia Pacific and Europe, Middle…
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Rothschild & Co’s Wealth Management business in Israel expands with three key hires
Following the launch of a new representative office in Israel for its Wealth Management business in August 2022, Rothschild &…
RAK Properties launches residential project in Abu Dhabi
UAE-based RAK Properties PJSC, has launched a residential project, Julphar Residence, on Reem Island, Abu Dhabi. RAK Properties, the…
Qatar Investment Authority raises stake in Credit Suisse to just under 7%
Qatar's sovereign wealth fund has increased its stake in Credit Suisse to just under 7%, becoming the Swiss bank's second-largest…
UAE firms fear cost-of-living crisis threatens business continuity – study
Businesses in the UAE are worried about the cost-of-living crisis, sustained high inflation and severe commodity price shocks, according to…
SIB launch new headquarters of its branch in Al Dhaid Mall
Sharjah Islamic Bank (SIB), one of the leading Islamic financial institutions in the United Arab Emirates, inaugurated the new headquarters…
Dubai Chamber of Commerce launches 4 new business groups
Dubai Chamber of Commerce has announced new business groups for four economic sectors: agribusiness, furniture and home furnishing, flower traders,…
UAE’s Emirates completes engine ground testing with 100% sustainable aviation fuel
Dubai-based Emirates Airline has successfully completed the ground engine testing for one of its GE90 engines on a Boeing 777-300ER…
Saudi central bank licenses 2 debt-based crowdfunding fintechs
The Saudi Central Bank has licensed Forusand and Tameed, the two finance companies specialised in debt-based crowdfunding, state-owned SPA news…
Lazard appoints Al-Khatib as MENA investment banking CEO
Investment bank Lazard Ltd said on Monday it hired Wassim Al-Khatib as chief executive officer of the bank's investment banking…
Commercial Bank International collaborates with Mastercard to launch World Elite Exclusive card for invitation-only clients
Commercial Bank International has launched a World Elite Exclusive Mastercard Credit Card, providing its ultra-high-net-worth cardholders (UHNWI) with a range…
Khalid Dannish, former CEO of Bahrain Fintech Bay, joins Fasset
Fasset, a digital asset exchange for emerging markets, announced the appointment of industry veteran Khalid Dannish as General Manager for…