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FinTech

OKX, BlackRock and Standard Chartered launch joint framework to establish new utility for tokenized real-world assets

April 29, 2026

OKX to accept BlackRock’s tokenized short-term US treasury fund, BUIDL, as yield-bearing collateral for trading Standard Chartered to provide a…

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Uncategorized

EHRDC and DIFC launch programme to qualify Emirati talent in wealth management and financial technology

April 29, 2026

The Emirati Human Resources Development Council in Dubai has launched the Emirati Talent Empowerment Programme in Wealth Management and Financial…

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Financial Results

Saudi Arabia’s banks post record profits

April 28, 2026

SAUDI Arabia’s banking sector reinforced its role as a pillar of the national economy, posting a record start to 2026…

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Executive Moves

Ooredoo Palestine Appoints Dr. Firas Melhem as Chairman of its Board of Directors

April 28, 2026

Ooredoo Palestine has announced the election of Dr. Firas Melhem as the new Chairman of the company’s Board of Directors,…

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Hedge Funds & Alternative Investments

IFC board to vote on $100mln loan for hotel overlooking Grand Egyptian Museum

April 28, 2026

The International Finance Corporation (IFC) is in the final stages of approving a $100 million senior secured corporate loan to…

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FinTech

Emirates Islamic launches Sharia-compliant digital gold and silver investment

April 28, 2026

Emirates Islamic has launched a new digital investment service that allows customers to buy and sell gold and silver through…

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Financial Results

Saudi Awwal Bank reports SR2.1bn net profit for Q1

April 28, 2026

Lubna S. Olayan, chair of the board of directors of the Saudi Awwal Bank, has announced the bank’s financial results…

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Financial Results

Saudi banks post record quarterly profits of $6.4bn

April 28, 2026

Saudi Arabia’s banking sector reinforced its role as a pillar of the national economy, posting a record start to 2026…

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Executive Moves

Knight Frank appoints Ahmed Moustafa to lead Project & Development Services across Egypt and Africa

April 28, 2026

Knight Frank has appointed Ahmed Moustafa as Partner, Head of Project & Development Services (P&DS) for Egypt and Africa, strengthening…

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Hedge Funds & Alternative Investments

Iraq ranks among top global central bank gold buyers since 2020

April 28, 2026

The Central Bank of Iraq  ranked among the world’s largest central bank gold buyers between 2020 and 2025, amid a…

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Uncategorized

WELF sets up DFSA-regulated wealth advisory business

April 27, 2026

WELF has introduced a regulated wealth advisory business in the UAE, aimed at professional and institutional clients involved in cross-border…

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Family Office

Nassef Sawiris closes London family office as UK tax changes drive wealth exits

April 27, 2026

Egyptian billionaire Nassef Sawiris has closed the London branch of his family office, NNS Group, after giving up his UK…

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