Dubai retains its position as world’s top FDI destination in H1-22
Dubai consolidated its status as the world’s leading foreign direct investment hub, retaining its first rank globally for attracting FDI…
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World Bank expects UAE's real GDP to grow by 5.9% in 2022
The World Bank has hailed the UAE's "favourable business environment and world-class infrastructure", expecting the country's real GDP to grow…
Mashreq partners with FinIQ
Mashreq Bank has signed a strategic agreement with FinIQ, the Singapore-based capital markets technology provider, to streamline its Wealth Management…
Saudi National Bank makes a financial investment in Credit Suisse Group as part of Credit Suisse Group's capital raise
Saudi National Bank has announced on October 26, 2022, that it was entering into a financial investment in Credit Suisse…
ICM.com launches an investment opportunity in Empower IPO
ICM.com has announced it will be providing investors the chance to subscribe to Empower IPO - the world’s largest district…
Capital Bank’s profits hit JD 80mln by the third quarter of 2022, a 52% increase
Capital Bank Group announced JD80 million in net profits at the end of September 2022, compared with JD52.7 million during…
Saudi wealth fund launches $24bn tech fund
A sovereign wealth fund led by Saudi crown prince Mohammed Bin Salman has launched a $24bn investment fund targetting the…
Saudi Central Bank licenses new fintech company to provide e-wallet service
The Saudi Central Bank on Thursday announced the licensing of Smart Digital Payment company (Tiqmo), a new payment technology company,…
Waha Capital more than triples Q3 profit despite global macroeconomic headwinds
Waha Capital, which counts Mubadala Investment Company among its shareholders, more than tripled its third-quarter profit as both its public…
Saudi: AlUla signs IBM to implement smart city project
The Royal Commission of AlUla and US technology mega-giant IBM have signed an agreement to help implement AlUla’s Smart City…
M7 opens Dubai office
UK-based asset manager M7 has opened an office in Dubai as part of its Middle East expansion plans. The…
Korea to expand trade, investment footprint in Qatar: Kotra Chief
Korea will explore ways to enhance its trade and investment foot-print in Qatar which has a sound and stable business…