All Articles

Hedge Funds & Alternative Investments

Sovereign Group acquires PRO Partner Group to further expand its GCC footprint

May 18, 2022

Sovereign Group has  announced the acquisition of PRO Partner Group, one of the foremost company formation and corporate services providers…

Read More

Regulation, Risk & Compliance

Abu Dhabi financial watchdog weighs regulation of DeFi

May 18, 2022

Financial services regulators in the United Arab Emirates has announced that they are preparing a future regulatory framework for decentralised…

Read More

Retail Banking

Ahlibank signals robust growth in Q1 of 2022

May 18, 2022

ahlibank exhibited robust performance in the first quarter of 2022. The achievement comes as a result of its endeavor of…

Read More

Property & Real Estate

Dubai: New project launches surpass pre-pandemic level in first quarter of 2022

May 18, 2022

The Dubai real estate market witnessed an uptick in new project launches during the first quarter of 2022 as the…

Read More

Retail Banking

Al-Rajhi Bank tops YouGov’s Biggest Brand Movers of Ramadan 2022 in KSA

May 18, 2022

In March this year, the Kingdom of Saudi Arabia lifted many of its COVID restrictions, allowing residents to observe the…

Read More

Executive Moves

Zurich International Life names Middle East chief executive

May 18, 2022

Mashreq Bank’s former head of wealth management, Mufazzal Kajiji, has been named chief executive of Zurich Insurance Group’s life business…

Read More

FinTech

Dubai eyes crypto hub status as global regulators remain cautious

May 18, 2022

The news that United Arab Emirates’  national airline, Emirates, plans to accept payment in Bitcoin is a defining moment in…

Read More

Executive Moves

Bain & Company names Saudi national Ahmed Boshnak as new partner and head of Riyadh office

May 18, 2022

Bain & Company has  announced  the appointment of Ahmed Boshnak as its new Partner and Office Head of Bain in…

Read More

FinTech

GCC banks minimise cyber risks with strong investment in digital security, S&P says

May 17, 2022

GCC banks are managing their exposure to cyber risks effectively through investment in digital security, according to S&P Global Ratings.…

Read More

Retail Banking

EG Bank's standalone profits rise 24% in Q1-22

May 17, 2022

The Egyptian Gulf Bank  reported a 24% year-on-year  rise in its standalone net profits to EGP 197.4 million in the…

Read More

Executive Moves

FinaMaze announces appointment of business development manager in line with growth and expansion efforts

May 17, 2022

FinaMaze has announced the appointment of Harriet Yorston as its Senior Business Development Manager. Her appointment comes into effect from…

Read More

Hedge Funds & Alternative Investments

Amethis, EBRD and SPE Capital acquire GlobalCorp

May 17, 2022

A consortium of investors made up of Amethis, the European Bank for Reconstruction and Development (EBRD) and SPE AIF I,…

Read More