Egypt’s Banque Misr lands $160m from the African Development Bank to finance SMEs
Banque Misr, one of the largest banks in Egypt, has secured a loan of $160 million from the African Development…
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Saudi Arabia’s PIF ups stakes in Meta and Alphabet in Q3
Saudi Arabia’s Public Investment Fund further increased its stakes in Meta and Alphabet in the third quarter of 2022, as…
President highlights UAE’s ambitious, yet balanced, approach to achieve sustainable outcomes at G20
President His Highness Sheikh Mohamed bin Zayed Al Nahyan participated on Tuesday in the main session of the 17th Group…
GCC retail sector overall will see 15.7% YoY growth in 2022 – Alpen Capital
The GCC retail industry will surpass pre-pandemic levels in 2022 as it returns to steady growth after a period of…
Jordan's economy posts faster growth despite global turmoil – IMF
Jordan's growth has quickened in 2022 despite global economic turbulence, driven by strong progress in IMF-backed structural reforms that have…
HSBC Oman board approves merger agreement with Sohar International
HSBC Bank Oman's board of directors has approved entering into a binding merger agreement with Sohar International Bank as the…
Aramco says hydrogen talks with Japan, South Korea are advancing
Saudi Aramco is making progress in talks to supply blue hydrogen to Asia in the next five years, according to…
EIB Global, AllianzGI plan to invest $100m in renewable energy projects
The Emerging Market Climate Action Fund has announced a $25m investment into Alcazar Energy Partners II, a fund providing early-stage…
CBB Sukuk Al-Salam securities fully subscribed
The Central Bank of Bahrain announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been fully subscribed…
Cisco to demonstrate latest range of security innovations at Black Hat MEA 2022 in Saudi Arabia
At Black Hat MEA 2022, Cisco will demonstrate its latest portfolio of security innovations, highlighting how organizations in Saudi Arabia…
Ithmaar B S C : Bank announces third quarter results
Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic bank, reported profits for the nine-month period ended 30 September 2022. The…
UK asset management firm, Seventy Ninth Group expands operations into Dubai as part of global growth strategy
One of the fastest-growing asset management companies in the United Kingdom, The Seventy Ninth Group, has expanded global operations with…