GFH acts as Joint Lead Manager on Dar Al Arkan's US$400mln sukuk issuance
GFH Financial Group has announced that it has acted as Joint Lead Manager, alongside other parties, on the pricing and…
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EY: 74% of MENA finance leaders are involved in the ESG agenda
According to the EY MENA Financial Accounting Advisory Services CFO survey report, finance leaders must take a leading role in…
The role of banks in financial literacy and savings consciousness
In the wake of swift technological advancements, the continued growth of middle-class income and the role of social media, the…
Saudi leader Riyadh Al Najjar named chair of PwC’s supervisory board
PwC has appointed a new chairman of its Supervisory Board in the Middle East: Saudi-based Riyadh Al Najjar, who brings…
UAE employers must comply with new Emiratisation rules to avoid hefty fines
Employers in the United Arab Emirates have been urged to pay close attention to new rules designed to boost the…
Kuwait Zain's Q2 net profit rises 22% to $165mln; beats estimate
Kuwait-headquartered telecom group Zain has repoted a net profit of 50 million Kuwaiti dinars ($165 million), up 22% for the…
Kuwait Finance House Bahrain Provides Special Financing to People of Determination in Cooperation with Steps Rehabilitation Center
Kuwait Finance House has announced its latest promotional finance campaign specially designed for People of Determination, adults or children suffering…
Egyptian real estate group MNHD urges SODIC to revise takeover offer
Egyptian property company Madinet Nasr for Housing and Development has rebuffed a takeover bid by rival SODIC, saying on Sunday…
BisB Achieves Second Place for the Kingdom’s Banking Sector
Bahrain Islamic has recently been ranked second in the Kingdom’s banking sector in the Environmental, Social and Corporate Governance (ESG)…
Saudi Arabia is among the highest performing venture capital markets in the region in 2022
Saudi Arabia has been one of the top-performing markets in the venture capital space in the Middle East and North…
Dukhan Bank records 27% increase in net profit
Dukhan Bank has announced its financial results for the first half of 2022 recording a net profit of QR745m, representing…
DFSA moves to open window format for ITL applications
The Dubai Financial Services Authority (DFSA) has started accepting applications from local and international firms interested in joining its Innovation…