Dubai Investments appoints Nishant Shah as the chief financial officer
Dubai Investments PJSC, has announced the appointment of Nishant Shah as its Chief Financial Officer. Nishant has been serving…
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Blackstone invests $250mln in UAE payments infrastructure firm
Blackstone Inc. has invested $250 million in an Abu Dhabi–based payments technology platform, signalling confidence in the region despite heightened…
Dubai gold jumps after dip, buyers rush back as prices swing
Dubai gold prices moved higher on Friday morning, reversing part of the previous day’s decline and drawing renewed attention from…
Saudi AI company Humain partners with Turing to launch world’s first enterprise AI agent marketplace
Saudi company Humain has announced a partnership with US artificial intelligence company Turing to build what the two companies describe…
GCC wealth funds, SoftBank and Temasek part of US investment consortium backing AI projects
UAE’s Mubadala and Qatar’s wealth fund, along with Japan’s SoftBank and Singapore’s Temasek, have been named as part of a…
No consent, no cut: The UAE salary rule employers can’t ignore
Regional tensions have sparked broader concerns across GCC states, including the UAE, about the potential economic impact. A Gulf…
Egypt's cabinet approves 2026/27 budget with $96.7bln of spending
Egypt's cabinet approved the 2026/27 budget with 5.1 trillion Egyptian pounds ($96.7 billion) of expenditure, it said on Thursday in…
Lighthouse Canton sweeps Euromoney 2026; Named best independent wealth manager across Asia, Singapore and UAE
Lighthouse Canton has won three major honours at the Euromoney Awards 2026, being named Asia's Best Independent Wealth Manager for…
Investment managers increasingly turning to third-party marketers
A new survey of the Third-Party Marketing (TPM) industry across EMEA and APAC shows that investment managers are increasingly relying…
Phoenix Venture Partners leads $2.5M Pre Series A Investment in GAGA Inc.
Phoenix Venture Partners Limited has announced that it has led the $2.5 million Pre Series A priced equity round in…
EFG Hermes concludes advisory on Trolley’s initial public offering and listing on boursa Kuwait
EFG Hermes has announced the successful completion of its advisory role on Trolley General Trading Company K.S.C.C.’s (“Trolley”) private placement…
HDB renews Hassan Ghanem’s mandate as CEO for 2026-2029
The general assembly of Housing and Development Bank (HDB) has renewed the mandate of Hassan Ghanem as chief executive officer…