All Articles

Retail Banking

Burgan Bank Launches New Concierge Services in Partnership with Peacock Concierge

November 14, 2022

Burgan Bank announced its partnership with Peacock Concierge to extend the range of benefits provided to Burgan Bank’s Premier, Private…

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Uncategorized

An Arab Bank Snaps up a Swiss Private Bank

November 14, 2022

Two years ago, it proudly celebrated its 175th anniversary. Now, an Arab financial institution has unexpectedly taken over Gonet, a…

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Retail Banking

GIB achieves 30% increase in Net Profit for the nine-month period ended 30th september 2022

November 14, 2022

For the third quarter of 2022, GIB reported a net profit attributable to the Shareholders of the Bank amounting to…

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Investment Banking

SHUAA Capital delivers AED 20 million net profit in Q3 2022 driven by strong recurring revenues

November 11, 2022

Net profit attributable to shareholders of AED 20 million in Q3 2022 compared to a net loss of AED 170…

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Comment & Analysis

S&P upgrades Commercial Bank’s rating to A- from BBB+

November 11, 2022

S&P Global Ratings have raised their long-term issuer credit rating on the Commercial Bank to ‘A-’ from ‘BBB+’ and affirmed…

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Comment & Analysis

How can I secure the right job in the UAE?

November 11, 2022

The Middle East is expected to undergo a population surge in the coming decades, particularly in the UAE and Saudi…

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Executive Moves

Bain adds ex-McKinsey partner Mourad Limam to its leadership

November 11, 2022

Bain & Company has welcomed former McKinsey partner Mourad Limam to its partnership in Dubai.   Mourad Limam joins the…

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Hedge Funds & Alternative Investments

Abu Dhabi ADNOC Distribution's Q3 net profit climbs 45% to $209mln

November 11, 2022

Abu Dhabi’s ADNOC Distribution reported a 45% jump in Q3 2022 net profit to 767 million dirhams ($209 million) and…

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Hedge Funds & Alternative Investments

GFH reports net profit attributable to shareholders of $66.24mln for first nine months of 2022

November 11, 2022

GFH Financial Group  has announced its financial results for the first nine months of the year ended 30 September 2022…

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Comment & Analysis

UAE business leaders anticipate growth as global chief executives brace for recession

November 11, 2022

While a vast majority of chief executives worldwide are bracing for a global recession, top bosses of some of the…

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FinTech

Egyptian credit platform Blnk raises $32 million

November 10, 2022

Blnk raises $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion…

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FinTech

World must take cyberattacks as seriously as terrorism, Saudi energy minister warns

November 10, 2022

International agreements are needed to thwart the growing risk of cyberattacks, according to Saudi Arabia’s Minister of Energy Prince Abdulaziz…

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