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Hedge Funds & Alternative Investments

Saudi Insurance Committee announces date for sixth edition of Saudi Insurance Symposium

August 8, 2022

The Saudi General Insurance Committee has announced that the sixth Saudi Insurance Symposium — the largest gathering of Saudi, GCC…

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Executive Moves

Gulf Business Machines strengthens leadership team, appoints new head for Dubai operations

August 8, 2022

Gulf Business Machines has announced the appointment of Ossama El Samadoni as General Manager  for United Computer and Management Consultancy…

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Financial Results

EDB approves $653m in finance during H1; up 418%

August 8, 2022

Emirates Development Bank  mobilised AED2.4 billion  ($653 million) in loans to the UAE’s industrial sector in the first half (H1)…

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Executive Moves

Sisi appoints Mohamed Farid as acting Chairman of FRA for a year

August 8, 2022

President Abdel Fattah El-Sisi issued Resolution No. 353 of 2022 assigning  Mohamed Farid Saleh to act as Chairman of the…

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Comment & Analysis

Forbes Middle East reveals the Middle East’s top 30 banks 2022

August 8, 2022

The 30 banks have a total market value of $586.6 billion and total assets worth $2.5 trillion. Saudi Arabia dominates…

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Uncategorized

Northern Trust Asset Management Launches Quantitative ESG Strategy for EMEA and APAC Investors

August 8, 2022

Northern Trust Asset Management has expanded its suite of responsible quantitative investment solutions, with the launch of the NT World…

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Executive Moves

SABB appoints wealth management head

August 8, 2022

Saudi British Bank has named Bandar Al-Gheshayan as chief retail banking and wealth management officer.   He will be responsible…

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FinTech

PwC crypto head sets up digital asset fund in Dubai

August 5, 2022

PwC’s global crypto leader has left his role at the company to set up a digital assets fund in Dubai,…

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Hedge Funds & Alternative Investments

CBRE advises on acquisition of Doubletree by Hilton in Marjan Island

August 5, 2022

Abu Dhabi’s biggest developer Aldar Properties has expanded its hospitality and leisure portfolio in the UAE with the acquisition of…

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Hedge Funds & Alternative Investments

Mohamad Majid (KPMG) on digital pillars of UAE's public sector

August 5, 2022

The economic and social turbulence caused by the pandemic has triggered a shift in consumer behaviour and expectations. Customers’ evolving…

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Retail Banking

'KHCB' reports BD 6.81mln net profit attributable to the bank’s shareholders in the first half of 2022

August 5, 2022

Khaleeji Commercial Bank  has recently announced its financial results for the second quarter ended 30th June 2022, reporting a Net…

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Hedge Funds & Alternative Investments

Qatar initiates measures to curb rising inflation: Kamco Invest

August 5, 2022

Qatar, which is gearing up to host the FIFA World Cup later this year, has already initiated measures to curb…

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