Kamco completes 22 banking deals worth $4.8bn in 2021
Kamco Invest, a regional non-banking financial powerhouse, completed 22 investment banking transactions in 2021 worth $4.8 billion in all three…
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Why Middle East clients are turning to Guernsey for philanthropy
Charitable giving is deeply rooted in Middle Eastern culture, and Middle Eastern clients are turning to Guernsey for its range…
Brookfield negotiating with First Abu Dhabi Bank to buy $1bn payments arm
Brookfield Asset Management is negotiating with First Abu Dhabi Bank to buy its payment arm, according to Bloomberg. According…
The Middle East already has a crypto hub, and it's not Dubai
When the world's biggest cryptocurrency exchange decided in December to set up an advisory body in Dubai, local bitcoin enthusiasts…
First Abu Dhabi Bank takes orders for $500mln sukuk
First Abu Dhabi Bank, the United Arab Emirates' largest lender, is expected to sell $500 million in Islamic bonds on…
Finastra partners with DataGear to help corporate banks in Egypt optimize core processes
Finastra has announced its partnership with DataGear to enable corporate banks to rationalize core operations, automate compliance and reduce costs.…
Egypt HR tech start-up SAmAS Gamify raises $125,000 in pre-seed round
Egyptian HR tech start-up SAmAS Gamify, which specialises in psychometric assessment, recently raised $125,000 in a pre-seed funding round led…
UAE's Emirates Development Bank, DIB sign deal to boost SME financing
The state-run Emirates Development Bank (EDB) has signed a deal with UAE lender Dubai Islamic Bank (DIB) to set up…
Saudi SABB signs $693mln financing facility for Riyadh mall
The Saudi British Bank (SABB) has signed a project financing agreement with Nesma & Partners Contracting Company Ltd. worth 2.6…
Results of Qatar Islamic Bank ordinary & extraordinary AGM on 22 February 2022
The Ordinary & Extraordinary Assembly General Meeting of QIB shareholders, which was presided over by QIB Chairman H.E. Sheikh Jassim…
73% of Saudi Arabia's HNWI's want to buy a new home in the next 12-months
73% of HNWI's in Saudi Arabia are planning to buy a second home over the next 12-months, according to Knight…
Saudi government hires media veteran
Saudi Arabia’s Ministry of Media has hired industry veteran Nicolla Hewitt, adding her to its list of consultants that help…