Dubai records over $463bln in real estate transactions on Monday
Dubai real estate market recorded 562 sales transactions worth AED1.42 billion, in addition to 75 mortgage deals of AED271.02 million,…
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Dubai's Damac explores $990mln investments in Germany
Dubai-based DAMAC Group is looking for opportunities to make €1 billion ($990 million) worth of investments in Germany, as part…
Volante Technologies Research Reveals Middle East and Africa Financial Institutions Have Ambitious Payments Modernization Plans
Volante Technologies has announced that, according to new original research, banks and fintech firms in the Middle East and Africa…
ADX ranked first in Arab region in buy, sell transactions by foreign investors: AMF
The Arab Monetary Fund (AMF) said that the Abu Dhabi Securities Exchange (ADX) was ranked first in the Arab region…
European Bank for Reconstruction and Development could support Egypt with over $1bln on COP27
Managing Director, Southern and Eastern Mediterranean Region at European Bank for Reconstruction and Development (EBRD), Heike Harmgart, said Egypt is…
Turkey forces banks to slash commercial loan interest rates
Turkey is pushing commercial lenders to slash interest rates charged on loans to companies after the central bank moved this…
Ahlibank successfully completes issuance of RO 75mln Additional Tier 1 capital instruments
Ahlibank has announced the successful issuance of its RO75 million Additional Tier 1 (AT1) capital instrument, which concluded on a…
Citi organizational announcement: Global Head of Fintech sales
Citi has announced the appointment of Chafic Haddad as the Global Head of Fintech Sales - Treasury & Trade Solutions…
Goldman hires to grow Middle East wealth business
Goldman Sachs Group has hired senior bankers to the super rich from rivals including UBS Group AG and BNP Paribas…
Incubeta MENA announces change in management structure to execute on global growth strategy
Incubeta has announced structural management changes across their MENA offices with immediate effect. This change follows on from the successful…
BisB launches ‘end-to-end’ mobile account for corporates
Bahrain Islamic Bank has launched an end-to-end mobile account opening feature for its corporate clients through its corporate mobile application,…
Saudi billionaire takes £182mn stake in M&G
A billionaire member of the Saudi royal family has acquired a £182mn stake in listed financial services group M&G. …