GFH launches “Prime” programme to reward top shareholders
GFH Financial Group has announced a new shareholder loyalty programme “Prime”, which provides rewards and incentives for loyal shareholders. …
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EBRD’s first investment under new green financing facility in Turkey
EBRD new green financing facility in Turkey to strengthen green investments €53.5 million loan to TSKB co-financed by the Clean…
The value of real estate transactions records 4.85mln Riyals during Q1
Farghaly: Absence of major deals, Demand for “Ready-made properties” and Increases of up to 60% in rents. Al-Kaabi: 30% of…
Risks for Saudi's banking sector to remain contained: S&P
Despite the prospects of rapid expansion over the next 12 to 24 months risks to the stability of the Kingdom…
At a glance – Commercial International Bank 1Q22 results
Softening COR and volume driven core banking income growth drive earnings up a solid 48% y-o-y Commercial International Bank’s…
Some UAE banks ask for further temporary relaxations on key IFRS 9 compliances
A number of UAE banks, especially those with restructured loan exposures to corporates and SMEs, are seeking more - and…
Partnerships that Bring Complementary Services and Technology Can Enable the Growth of Super-Apps in the MEA
The digital transformation of business and society has found fertile ground with early promise for the super-app model, specifically in…
UAE calls on global investors to benefit from its business-friendly environment
The UAE has urged global investors and industrialists to capitalise on its business-friendly environment that could help them achieve their…
Dubai’s residential market sees record growth in Q1 2022: CBRE
Global commercial real estate services and investment firm, CBRE Group, has reported that the total volume of transactions in Dubai’s…
Hoxton Capital Management gains US Securities & Exchange Commission licence
Dubai headquartered Hoxton Capital Management has gained a licence from the US Securities and Exchange Commission (SEC), effective as of…
First Abu Dhabi Bank withdraws offer for Egypt's EFG Hermes
First Abu Dhabi Bank (FAB) has withdrawn its offer for a controlling stake in Egyptian investment bank EFG Hermes, citing…
Abu Dhabi's villa market still 'undersupplied'
Abu Dhabi’s villa market remains undersupplied, as buyers continue to favour residential units with larger living spaces and recent deliveries…