EFG Hermes entered into an agreement with Amazon
Consumer Financing Services Agreement: On 12 May 2022, valU Consumer Finance S.A.E. ("valU"), a fully owned subsidiary of EFG…
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Al Masraf named new CEO
Al Masraf has announced the appointment of Mr. Graham FitzGerald as the bank’s new Chief Executive Officer (CEO). Mr.…
AFP expands to the Middle East and Africa
The Association for Financial Professionals has announced the launch of its newly formed AFP Middle East and Africa (MEA) Treasury Advisory…
Kamco Invest reports net profit of KWD 3.6mln for the first quarter of 2022
Kamco Invest has announced its financial results for the first quarter ended 31 March 2022. The Company reported a net…
KPMG launches second edition of global tech innovator competition
Following the acknowledged success of the 2021 edition, KPMG in Saudi Arabia has returned with another competition, to find the…
Dubai’s Aramex eyes new acquisitions as it posts small Q1 net profit growth
Dubai-based logistics operator Aramex is eyeing new acquisitions this year as it a posted a small rise in Q1 2022…
Unlocking green finance for Dubai real estate
A lack of incentives is limiting the development of green financial instruments in Dubai’s real estate sector While environmental,…
Saudi Aramco becomes world's most valuable stock as Apple drops
Saudi Aramco overtook Apple Inc. as the world's most valuable company, stoked by a surge in oil prices that is…
Dukhan Bank reports QR392m net profit for Q1
Dukhan Bank has announced QR392m net profit for the first quarter of 2022, recording an increase of 47 percent compared…
Gulf International Bank issues inaugural sustainability report
Gulf International Bank has published its first groupwide Sustainability Report which shows its commitment to sustainable growth and performance against…
Dubai's prime residential properties have seen a price-surge of nearly 60% in 12 months
Dubai’s residential property market experienced a significant increase in prices in the past 12 months as the city saw an…
Bahrain-based Bank ABC Q1 net profit rises 3pc to $31m
Bahrain-based Bank ABC (Arab Banking Corporation) has posted a $31 million Q1 net profit attributable to the shareholders of the…