Mohamed El Aouad returns to Four Principles as senior manager
Following a year at a large consulting group, Mohamed El Aouad has returned to home soil. At Four Principles, El…
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Qatar’s budget surplus to grow 57.6% in 2023: IMF
The International Monetary Fund expects the State of Qatar’s budget surplus to grow 57.6 percent in 2023 to QR70.3bn, compared…
Agthia Group carried out acquisitions worth $626mln last year: Agthia CEO
Alan Smith, CEO of the Agthia Group, said that the total value of the acquisitions carried out by the group…
Growth in Dubai property values starts to slow down – but only after a 10% jump in Q2-22
Property price increases in Dubai are starting to slow down – but that’s still after a 10.1 per cent increase…
Saudi's SAMA explores prospect of raising upper ceiling for inter-bank instant transfers up to $21,333
The Saudi Central Bank , in cooperation with the financial sector, is currently studying the prospect of raising and determining…
Suez Canal Bank’s profit rises to over $13mln in H1-22
Suez Canal Bank posted a net profit of EGP 267.83 million during the first half (H1) of 2022, up from…
StanChart Appoints CIO for Africa, Middle East and Europe
Standard Chartered has announced the appointment of a chief investment officer for Africa, the Middle East and Europe. Standard…
Saudi billionaire’s Kingdom Holding invested $3.4bln globally since 2020
Saudi investment firm Kingdom Holding Co. (KHC) disclosed that it has made investments worth more than SAR 12.8 billion ($3.4…
Saudi Aramco unveils record profits as oil prices soar
Oil giant Saudi Aramco on Sunday unveiled record profits of $48.4 billion in the second quarter of 2022, after Russia's…
HC expects the CBE to hike policy rates by 200 bps
HC Securities & Investment shared their expectations on the likely outcome of the MPC meeting scheduled August 18th and based…
What you should know about UAE work permit cancellation, how it may impact your resident visa
While the work permit enables the individual to work for a company, a residence visa allows the individual to reside…
Egypt Central Bank Denies Resignation of its Governor
The Central Bank of Egypt denied on Saturday reports of the resignation of its governor, Tarek Amer, following rumors that…