EFG unit acquires tech-driven Egyptian B2B platform Fatura
Tanmeyah for Microfinance Services, a wholly-owned subsidiary of EFG Hermes Holding and Egypt’s leading provider of microfinance solutions, has announced…
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NBK named Best Trade Finance Bank in Kuwait for 2022
National Bank of Kuwait was named “Best Trade Finance Bank in Kuwait for 2022” in the annual survey of Global…
CBB raises key interest rate by 75 basis points
In light of the development of the international financial market and the continuous measures taken by the CBB to ensure…
Capital Bank’s Extraordinary General Assembly approves capital increase in favor of the Public Investment Fund
During its extraordinary meeting held virtually on Wednesday, June 15, Capital Bank's General Assembly approved the Board of Directors' recommendation…
Al Fardan Exchange L.L.C signs anti-money laundering compliance solutions agreement with Kiya.ai
Al Fardan Exchange has signed an agreement with Kiya.ai , a digital and financial solutions provider, powered by Artificial Intelligence…
Shuaa appoints new chief executive as Jassim Alseddiqi takes on board position
Dubai investment bank Shuaa Capital appointed Fawad Khan as its new chief executive on Wednesday, with Jassim Alseddiqi, the current…
Dubai ranked 14th-most expensive city in the world for ultra-wealthy
Dubai has dropped two places to rank as the 14th-most expensive city in the world for high-net-worth individuals (HNWIs) this…
Burgan Bank Appoints Hameed Abul as Chief Consumer Banking Officer
Burgan Bank recently announced the appointment of Mr. Hameed Abul as Chief Consumer Banking Officer, following the approval of the…
UAE will attract largest number of millionaires in 2022: report
The UAE is expected to overtake the most preferred destinations of the rich, such as the US, UK, and Russia,…
Rents in Dubai rising at fastest rate since 2014: CBRE
Residential rents in Dubai are rising at the fastest pace in about eight years, as transaction activity continues to rise…
Abu Dhabi’s Aldar eyes stake in Egyptian developer – report
Aldar Properties PJSC is considering buying a majority stake in Egyptian developer Medinet Nasr Housing, Bloomberg reported citing people familiar…
Syz Bank Loses Head of Europe Private Banking
Syz Group's head of European, Middle East, and Eastern Europe businesses has headed for the door. Personnel changes are…