A new hope for wealth and investment managers?
The pressure to achieve growth is constant. Therefore, the greatest challenge to our wealth management industry to continue this level…
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'Markaz': 2021 marks a year of achievements despite challenges
Alghanim: “Our performance throughout 2021 emphasizes our capabilities to provide our clients with tangible value and further develop our operations,…
BankDhofar raises a SOFR linked dual tranche syndicated term facility
BankDhofar, the second largest bank in Oman by assets, announced that it had successfully raised USD 400 million dual tranche…
Avanz Capital Egypt Establishes Avanz Manara
Avanz Capital Egypt announced today the establishment of Avanz Manara for Private Equity, Company Limited by Shares (Avanz Manara), an…
Saudi Wealth Fund May Make Major Investment in Building Firms
Saudi Arabia’s sovereign wealth fund may invest hundreds of millions of dollars in four local construction firms as it looks…
Saudi Arabia to develop technologies to limit risk to planet, says energy minister
Saudi Energy Minister Prince Abdulaziz bin Salman said that Saudi Arabia was not looking for funding from any country to…
Social Development Bank allocates $2.9bn to support Saudi entrepreneurs
The Social Development Bank announced at the Gulf Entrepreneurship Congress in Riyadh to allocate more than SR11 billion ($2.9 billion)…
Doha Bank CEO resigns
Doha Bank said on Sunday its veteran CEO Raghavan Seetharaman has resigned, ending his 15-year career at the Qatar-based lender.…
Israel's Pepper rolls out crypto trading
Bank Leumi's mobile-only challenger Pepper has partnered Paxos to add cryptocurrency trading to its investment platform. In a first…
Dubai attracts 57% of scaleup funding in MENA region: report
Dubai is home to 39% of scaleups in MENA and a majority of the region’s tech giants. Scaleups in UAE…
EBRD and FATEN boost women entrepreneurs in West Bank and Gaza
EBRD loan of US$ 2 million to Palestine for Credit and Development (FATEN) Funds for on-lending to local women-led MSMEs…
QIB launches “Flexi CD”, its new flexible certificate of deposits
Qatar Islamic Bank (QIB) has announced the launch of a new series of Flexible Certificate of Deposits (Flexi CD), with…