Moody’s affirms credit rating of ‘A’ to Saudi Arabia with stable outlook
Credit rating agency Moody’s Investors Service has affirmed Saudi Arabia's rating at ‘A’ to Saudi Arabia with a stable outlook,…
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CBUAE signs a MOU with Jordan and Egypt to promote financial and banking relations
His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE, met H.E. Tarek Hassan Amer, Governor of…
DIFC advances Dubai's status as preferred global financial, innovation hub among US institutions
Dubai International Financial Centre, the leading global financial centre in the Middle East, Africa and South Asia (MEASA), has generated…
Saudi issues 9,400 new investment licenses for foreigners in first quarter of 2022
Saudi Arabia has set a new record in the number of investment licenses issued for foreigners in the Kingdom during…
Tareq Haddad Joins ADSS as Compliance Director
ADSS, Abu Dhabi-based financial services provider, has appointed Tareq Haddad as its new Compliance Director. According to an update made…
Canada fund CDPQ to invest $5bn in DP World’s Dubai assets
Caisse de Depot et Placement du Quebec agreed to invest $5bn in DP World’s Dubai assets as the port operator…
Dubai International Chamber to open representative office in Israel
Dubai International Chamber will open a representative office in Tel Aviv to facilitate trade and investment between business communities in…
Clifford Chance advises DP World on the sale of a minority stake in its strategic UAE assets to CDPQ for US$5 billion
Clifford Chance has advised long standing client DP World (a global infrastructure-led supply chain solutions provider) on the sale of…
Julius Baer to expand into Qatar to drive the next phase of growth in the Middle East
Julius Baer has announced its intention to set up an Advisory Office in Qatar, in an effort to expand its…
QCB strategy for FinTech will strengthen Qatar’s regional leadership
Economic experts noted the importance of the new strategy for financial technology ( FinTech), which Qatar Central Bank announced that…
One in three wealth managers expect dramatic expansion over the next three years, Oxford Risk research shows
Wealth managers in the MENA region are expecting strong growth in the number of robo advisers and digital only wealth…
Alvarez & Marsal releases Saudi Arabia Banking Pulse for Q1 2022
Increase in operating income, better cost efficiencies and lower impairments boosted sector profitability, especially for smaller banks Loans & advances…