Strategy& promotes Jonathan Le Henry to partner and Maghreb leader
Strategy& has promoted Jonathan Le Henry to partner and Head of the Maghreb region. The Frenchman has been with…
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Mashreq achieves 17% increase in operating profit and posts AED 1.4bln net profit for 1H 2022
Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the first half…
ADIB delivers a strong set of results for H1 2022
Strong year on year Revenue growth driven by core business 30% y-o-y increase in Net Profit to AED 1.4 billion…
National Bank of Kuwait reports net profit of KD 237.8mln for the first half of 2022
National Bank of Kuwait has announced its financial results for the six-month period ended 30 June 2022. The Bank reported…
Moody’s expects Saudi economy to grow an average of 3.9% for next four years
Saudi Arabia’s economy is forecast to grow at an average rate of 3.9 percent between 2022 to 2026, according to…
Saudi Arabia leads GCC with 77% growth in project contract awards in Q2
Saudi Arabia leads the Gulf Cooperation Council region with $16.5 billion worth of projects awarded during the second quarter of…
Egypt's EBank modernizes business operations with AI and IBM Cloud Paks on Red Hat OpenShift
(NYSE: IBM) has announced its collaboration with Export Development Bank in Egypt (EBank) to launch its digital banking-as-a-service (BaaS) platform…
How investors will benefit from Dubai’s new law on real estate funds
Dubai’s new law to incentivise property investment funds is expected to attract more foreign capital to the industry, but it…
Arab Financial Services expands its digital payments solutions into Egypt
Arab Financial Services (AFS) — a leading digital payment solutions provider and fintech enabler in the Middle East and Africa…
Commercial Bank of Dubai arranges AED530mln syndicated financing for Gulf Data Hub
Commercial Bank of Dubai (CBD) has successfully arranged, structured and concluded an AED 530 Million Syndicated Financing for Gulf Data…
Venture Capital investments in Saudi Arabia up 244% during H1 2022
The “H1 2022 Saudi Arabia Venture Capital Report” revealed that the funding deployed into Saudi Arabian startups grew by 244%…
Dubai-based Olive Gaea launches corporate app to engage and reward employees for their sustainable behaviour
Dubai, United Arab Emirates: Dubai-based Olive Gaea, the provider of Net Zero solutions to private and government entities, has officially…