Digital bank Zand announces board of directors
Gearing up for an imminent launch, Zand, the first digital bank to provide both retail and corporate services, has announced…
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Qatar First Bank acquires Gateway Plaza Building in the US
Reaffirms its strategic direction to secure viable investments in the US Real Estate Market Qatar First Bank has acquired the…
Saudi edtech startup AlGooru raises $1.8m in seed funding
AlGooru, a Saudi-based edtech startup, raised $1.8 million in a seed funding round with participation from Saudi venture capital firms,…
Most Gulf indexes fall on fears of sharp economic slowdown
Most stock markets in the Gulf ended lower on Thursday, as central banks' aggressive rate-hike approach to tame inflation stokes…
Saudi Banking Sector Stimulates FinTech, Entrepreneurship
The Saudi Central Bank inaugurated the HORIZON Center at al-Bilad Bank to create a coherent environment that ensures support for…
Gulf Islamic Investments acquires majority stake in OFFA UK’s first Shariah-compliant bridge financing company
Gulf Islamic Investments, a leading Shariah compliant global investment company based in the United Arab Emirates, with assets under management…
DIFC rolls out Open Finance Lab in Dubai
Global financial centre Dubai International Financial Centre (DIFC), active in the Middle East, Africa, and South Asia (MEASA) region, has…
Egypt’s Banque Misr ensures banking business continuity and digital employee engagement
Banque Misr has announced a digital transformation partnership with global technology company SAP in support of Egypt Vision 2030, for…
Abu Dhabi to invest $2.7 billion to boost its manufacturing sector
Abu Dhabi is investing AED10 billion ($2.7 billion) in its manufacturing sector, as the emirate announces new industrial strategy. …
SABB appoints Yasser Al-Barrak as Chief Corporate and Institutional Banking Officer
The Saudi British Bank (SABB) announced the appointment of Yasser Ali Al-Barrak as Chief Executive Officer of Corporate and Institutional…
Citigroup’s $US1b family office clients profit from wild markets
Family offices with at least $US1 billion ($1.5 billion) in assets are boosting their investments amid market swings fuelled by…
Banks in emerging G20 markets 'face double-edged sword of inflation and rate increases'
Banks in emerging markets in the G20 are facing a double-edged sword as higher interest rates are set to improve…