Kuwaiti artificial island to attract 400 development projects
More than 400 local development projects will be launched on Kuwait’s Saji Island, the acting director general of the National…
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ADSS appoints global COO
Abu Dhabi-based asset manager ADSS has named Holly Joint as global chief operating officer. Her responsibilities will include supporting…
GCC banks to start 2023 on solid footing despite global economic uncertainties, S&P says
GCC banks will start next year on a solid footing helped by a rise in profitability on higher oil prices,…
First Middle East exchange launches corporate climate change disclosure initiative
The Amman Stock Exchange has signed an agreement with the International Finance Corporation where the agreement was signed by the…
Bechtel-led coalition to support Egypt's Decarbonization Strategy
Egyptian LNG Zero Routine Flaring Study awarded to Bechtel-led Coalition for Decarbonization of existing facility Coalition includes Bechtel, Enppi, Petrojet,…
Bank Nizwa makes home ownership easy
In an effort to enable customers to own their dream homes, Bank Nizwa has announced that it has made ethical,…
United Arab Emirates: The Dubai Financial Services Authority introduces a regulatory framework for recognized crypto tokens
Over the last few years, the UAE has taken steps to regulate the volatile crypto industry, as seen in the…
Burgan Bank Launches New Concierge Services in Partnership with Peacock Concierge
Burgan Bank announced its partnership with Peacock Concierge to extend the range of benefits provided to Burgan Bank’s Premier, Private…
An Arab Bank Snaps up a Swiss Private Bank
Two years ago, it proudly celebrated its 175th anniversary. Now, an Arab financial institution has unexpectedly taken over Gonet, a…
GIB achieves 30% increase in Net Profit for the nine-month period ended 30th september 2022
For the third quarter of 2022, GIB reported a net profit attributable to the Shareholders of the Bank amounting to…
SHUAA Capital delivers AED 20 million net profit in Q3 2022 driven by strong recurring revenues
Net profit attributable to shareholders of AED 20 million in Q3 2022 compared to a net loss of AED 170…
S&P upgrades Commercial Bank’s rating to A- from BBB+
S&P Global Ratings have raised their long-term issuer credit rating on the Commercial Bank to ‘A-’ from ‘BBB+’ and affirmed…