Dubai’s housing supply to hit nearly 700,000 by end of year: JLL
Dubai’s total residential stock will rise to nearly 700,000 units by the end of the year, with tens of thousands…
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Dubai’s state investor ICD swings to $2.75bln net profit in 2021
Investment Corp. of Dubai, the Dubai government’s main investment arm, reported a net profit of 10.1 billion dirhams ($2.75 billion)…
Retail investors drive Middle East’s AUM growth to $1.2trln
Retail investors have helped fuel the growth in the Middle East’s assets under management (AUM) industry, which recorded a double-digit…
Egypt is a key strategic partner of South Korea: Ambassador Hong Jin Wook
Ambassador of the Republic of Korea to Egypt Hong Jin Wook said that Egypt is a key strategic partner of…
Open banking platform Tarabut Gateway partners with four banks in Saudi
MENA’s open banking platform Tarabut Gateway has announced four new banking partnerships in Saudi Arabia. As part of its…
Israel to Launch Long-Delayed Sovereign Wealth Fund
Israel is set to start up its long-delayed sovereign wealth fund, using profits from its natural gas, media reports said.…
Stephenson Harwood appoints new partner
Law firm Stephenson Harwood has strengthened its corporate practice and technology sector expertise with the arrival of Melissa Forbes-Miranda as…
The Middle East Leads a Winning Streak in Asset Management, with Retail AuM Shaping Growth in the Region
The asset management industry continued its unprecedented growth trajectory in 2021, with the Middle East’s Assets under Management (AuM) rising…
ADCB Egypt to implement Temenos Payments
ADCB Egypt, a subsidiary of Abu Dhabi Commercial Bank Group – the third largest bank in the UAE, has extended…
Boubyan Bank releases its 2021 sustainability report
Al-Tuwaijri: Sustainability Has Become a Main Element in Companies’ Strategies and contribute to the alignment to local and international sustainability…
Bahrain Association of Banks bolsters collaboration with Dar Al-Qarar
The Bahrain Association of Banks and Dar Al-Qarar, a commercial arbitration centre, have discussed cooperation in the field of arbitrator…
Jordan spearheading climate-responsive digital infrastructure — World Bank
Jordan has become the first developing country to build digital infrastructure to track and calculate reductions in global greenhouse gas…