KIA seeks to up investments; Capital markets targeted
The London branch of the Kuwait Investment Authority (KIA) has appointed executives from Barclays plc and the Carlyle Group in…
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Rising public demand set to drive Islamic banks growth: Bahrain
Rising public demand for Islamic products and the expected improvement in operating environment is set to drive growth in Bahrain’s…
Profitability of top 10 listed banks in the UAE recovers significantly
The profitability of the UAE’s banking sector recovered significantly last year, according to a new report by Alvarez & Marsal,…
FAB joins global Partnership for Carbon Accounting Financials as part of its ‘net-zero’ commitment
First Abu Dhabi Bank, the UAE’s largest bank and one of the world’s largest and safest financial institutions, has become…
Dubai’s Shuaa Capital acquires majority stake in Souqalmal
Shuaa Capital, a Dubai-based asset management and investment banking platform, has completed a strategic investment in UAE-based fintech, Souqalmal. …
Former Deloitte and EY strategist joins Emex to make ESG top business priority in MENA
Leading ESG technology provider Emex has appointed Ateed Hijazi as its account executive across the MENA region. Hijazi will take…
ADIB General Assembly elects new Board of Directors
Shareholders of Abu Dhabi Islamic Bank have elected a new board of directors at the Annual General Meeting that took…
KIA seeks to up investments; Capital markets targeted
The London branch of the Kuwait Investment Authority has appointed executives from Barclays plc and the Carlyle Group in recent…
Abu Dhabi Global Market Amends Capital Markets Framework
Financial Services Regulatory Authority of Abu Dhabi Global Market has announced that it has published a consultation paper proposing significant…
Investcorp reaches €1.1bln of assets acquired in Europe
Investcorp has announced that its European Real Estate business towards the end of last year acquired Kering’s Italian headquarters in…
Unit of Egypt’s largest bank invests in fintech
A unit of South African multinational holding company, and Egypt’s largest bank, Naspers Ltd, has invested in Egyptian fintech firm…
Arab Monetary Fund Names RippleNet As Potential Alternative to Central Bank Digital Currencies
The Arab Monetary Fund (AMF), a sub-organization of the Arab League, has named global payments network RippleNet as a possible…