Arab Bank Group reports $166 million in net profit for first quarter of 2022
Arab Bank Group reported Saturday a net profit of $166 million in the first quarter of 2022, compared to $128.3…
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Today and beyond: The next generation challenges the status quo of family business
Business as usual isn’t an option in a world characterised by economic disruption, pervasive uncertainty and climate change. PwC’s…
Clifford Chance elects Jack Hardman to the firm's partnership further strengthening its M&A, Tech and Regulatory practices in the Middle East
Leading international law firm Clifford Chance today announces the promotion of Jack Hardman to partner. Jack is part of a…
Abu Dhabi and Dubai launch cryptoasset regulatory initiatives
The Abu Dhabi Global Market (ADGM) has licensed its first global virtual asset multilateral trading facility (MTF) as the region’s…
Standard Chartered’s operating profit in Middle East, Africa hits near 10-year high
Standard Chartered’s quarterly operating profit for the Middle East and Africa has reached a near ten-year high, thanks to higher…
UAE top lender FAB posts record profit helped by stake sale
First Abu Dhabi Bank, the United Arab Emirates' biggest lender, reported on Thursday its highest ever quarterly net profit, helped…
Fawry aims to retain its top spot in Egypt’s FinTech space
It is a time of change for the Egyptian digital payments platform Fawry, after 13 years in the market, its…
Mashreq Bank joins UAE KYC Blockchain Platform, enables firms to open instant digital bank account
UAE-based privately owned Mashreq Bank has joined the UAE KYC Blockchain Platform initiative, partnering with Dubai’s Department of Economy and…
State Street Global Advisors expands UAE distribution
The asset management arm of State Street Corporation has rolled out two global active equity funds in the UAE. …
CBB issues new crowdfunding platform operators regulations
The Central Bank of Bahrain (“CBB”) has issued new regulations applicable to crowdfunding platform operators following a comprehensive review of…
Aafaq Islamic Finance appoints Hisham Hammoud as CEO
The Board of Directors of "Aafaq Islamic Finance" has announced today the appointment of Hisham Hammoud, as the new CEO…
Amana Capital appoints Joy Dabeet as new Chief Marketing Officer
Amana Capital has announced today the appointment of Joy Dabeet as its new Chief Marketing Officer. Leveraging her experience,…