All Articles

Regulation, Risk & Compliance

Saudi Fund for Development finances $18.4bn worth of projects in developing countries

September 9, 2022

The Saudi government, represented by the Saudi Fund for Development, has contributed over SR69.1 billion ($18.4 billion) to financing projects…

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Comment & Analysis

Dubai businesses record highest sales in 38 months, but new hiring is slow: August PMI data

September 9, 2022

Businesses in Dubai are offering more discounts to bring in more orders and sales, which at the end of August…

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Executive Moves

JLL appoints Al Sulaimani as Country Head for Saudi Arabia

September 9, 2022

JLL, a global real estate services firm, has named Saud Mohammed Al Sulaimani as its new Country Head in Saudi…

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Regulation, Risk & Compliance

QFMA issues covered short selling rules, securities lending, borrowing rules

September 9, 2022

HE Governor of Qatar Central Bank (QCB) and Board Chairman of Qatar Financial Markets Authority (QFMA) Sheikh Bandar bin Mohammed…

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Regulation, Risk & Compliance

Abu Dhabi Development Fund financed projects worth $202m in 2021

September 9, 2022

The Abu Dhabi Fund for Development financed 10 key development projects worth Dh743.9 million ($202.55m) in 2021 as part of…

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Regulation, Risk & Compliance

Saudi Export-Import Bank signs MoU with BOK International Bank (Bahrain)

September 9, 2022

Saudi Export-Import (EXIM) Bank has concluded a memorandum of understanding (MoU) with the foreign branch of BOK International Bank (Bahrain…

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Regulation, Risk & Compliance

Dubai: Number of new businesses in DIFC up 22% in June

September 9, 2022

The Dubai International Financial has delivered robust growth, with the number of registered companies rising by 22% year-on-year in the…

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Investment Banking

EFG Hermes accelerated direct purchase of a 4.80% stake in Credit Agricole Egypt S.A.E

September 9, 2022

Cairo: As sole financial advisor and bookrunner, EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced…

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Executive Moves

Ithmaar Holding announces planned senior leadership changes

September 8, 2022

Ithmaar Holding has announced senior leadership changes at the Group level.   In a regulatory filing with the stock exchanges,…

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Islamic Finance

Ahli islamic launches Al Shumookh banking for high-net-worth customers

September 8, 2022

As part of its continuous endeavour to provide premium banking services to high-net-worth individuals, ahli islamic has launched “Al Shumookh”…

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Mergers & Acquisitions

GBM acquires Coordinates Middle East

September 8, 2022

Gulf Business Machines (GBM) has announced the acquisition of Coordinates Middle East majority shares, a regional Managed Detection & Response…

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Awards and Recognition

Top 100 Arab Family Businesses

September 8, 2022

Arab family businesses in the Middle East have so far this year seen many of the fields they are most…

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