Ooredoo Palestine Appoints Dr. Firas Melhem as Chairman of its Board of Directors
Ooredoo Palestine has announced the election of Dr. Firas Melhem as the new Chairman of the company’s Board of Directors,…
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IFC board to vote on $100mln loan for hotel overlooking Grand Egyptian Museum
The International Finance Corporation (IFC) is in the final stages of approving a $100 million senior secured corporate loan to…
Emirates Islamic launches Sharia-compliant digital gold and silver investment
Emirates Islamic has launched a new digital investment service that allows customers to buy and sell gold and silver through…
Saudi Awwal Bank reports SR2.1bn net profit for Q1
Lubna S. Olayan, chair of the board of directors of the Saudi Awwal Bank, has announced the bank’s financial results…
Saudi banks post record quarterly profits of $6.4bn
Saudi Arabia’s banking sector reinforced its role as a pillar of the national economy, posting a record start to 2026…
Knight Frank appoints Ahmed Moustafa to lead Project & Development Services across Egypt and Africa
Knight Frank has appointed Ahmed Moustafa as Partner, Head of Project & Development Services (P&DS) for Egypt and Africa, strengthening…
Iraq ranks among top global central bank gold buyers since 2020
The Central Bank of Iraq ranked among the world’s largest central bank gold buyers between 2020 and 2025, amid a…
WELF sets up DFSA-regulated wealth advisory business
WELF has introduced a regulated wealth advisory business in the UAE, aimed at professional and institutional clients involved in cross-border…
Nassef Sawiris closes London family office as UK tax changes drive wealth exits
Egyptian billionaire Nassef Sawiris has closed the London branch of his family office, NNS Group, after giving up his UK…
JSC approves JD10m Islamic sukuk issuance
The Board of Commissioners of the Jordan Securities Commission (JSC) has approved the second private-sector issuance of its kind for…
KPMG signals confidence in the region with new partner appointments
KPMG has announced the appointment of two new partners across its UAE and Saudi Arabia practices: Mahmood Ghani and Lamyaa…
Markaz Report: GCC Fixed Income market sees $55.04bln in primary issuances during Q1 2026, representing a 5.64% increase
In its Fixed Income Report, Kuwait Financial Centre “Markaz” states that primary debt issuances of Bonds and Sukuk in the…