National Bank of Kuwait logs $1.2bln 9M net profit
National Bank of Kuwait has announced its financial results for the nine-month period ended 30 September 2022. The Bank reported…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47707 articles available
IQ-EQ makes senior hire to grow fund administration offering in India
IQ-EQ has announced the appointment of Atul Muchhala as Executive Director in India. Atul will drive expansion of the group’s…
HSBC expands private banking to cater to UAE’s growing millionaires
HSBC is expanding its existing private banking business in the UAE to cater to a fast-growing high net worth investor…
Saudi finance companies witness sharpest q/q drop in net income since 2018
The net income of Saudi Arabia’s finance companies fell by SR593 million ($158 million) quarter on quarter to reach SR283…
UAE, Saudi Arabia pension systems improve, says study
The pension systems of the UAE and Saudi Arabia have improved their score, ranking 25th and 27th out of 44…
UAE: Gold prices inch lower in early trade in Dubai
Gold prices inched lower on Wednesday morning as the dollar steadied, while the US Federal Reserve's commitment to tightening monetary…
Saudi Arabia’s NDMC closes October issuance of sukuk program at $832m
Saudi Arabia’s National Debt Management Center has closed the issuance of SR3.12 billion ($832 million ) riyal-denominated sukuk in October.…
G42 bolsters ecosystem with 15 strategic deals at Gitex Global
As Gitex Global, the world's largest tech and startup super-connector event concludes, G42, the leading UAE-based artificial intelligence and cloud…
Emirates Development Bank approves Dhs4.4bn in loans in first nine months of 2022
Emirates Development Bank recently held its annual board meeting to review its results for the period ending September 30. …
Dubai tenants find it cheaper to stay in existing apartments as rents soar
Tenants in Dubai are increasingly opting to stay put and renew their existing apartments rather than moving to a new…
MENA equity capital market activity surged to $15.3bln YTD
MENA equity and equity-related issuance totalled $15.3 billion year-to-date (YTD) in 2022, the highest first nine-month total since 2008, Refinitiv…
Saudi Arabia sells $5bln in first bond deal in almost a year
Saudi Arabia sold on Tuesday $5 billion in Islamic and conventional bonds for which demand topped $26.5 billion as it…