Bahrain tops in MENA for key economic freedom factors
Bahrain ranked first in MENA for financial, investment, and trade freedom, according to the 2022 Index of Economic Freedom published…
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GFH launches $100m sukuk fund in big regional boost
GFH Financial Group has launched and seeded a $100-million sukuk fund following an agreement inked with with leading Swiss bank…
UAE becomes world’s largest rough diamond trading hub
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, announced that the UAE reached the top spot globally as…
Revealed: king of Jordan used Swiss accounts to hoard massive wealth
In 2011, as popular revolts reverberated around the Middle East, a monarch in the midst of it all made some…
Suez Canal Bank registers profits in 2021
Suez Canal Bank posted a growth in its net profit after tax for the full-year 2021, according to the bank’s…
Crypto-assets regulation around the world
Although crypto-assets do not currently pose a material risk to global financial stability they do raise several broader policy issues,…
Abu Dhabi wealth fund bets on scientific approach using quant experts
Gathered together on a floor of the Abu Dhabi Investment Authority’s 40-storey headquarters, a group of physicists, academics and data…
Kamco Invest reports net profit
Revenues from fees and commissions increased by 34.3% to reach KWD20.2mln Kamco Invest has announced its financial results for the financial…
Qatar's nominal GDP forecast at $203.9bn in 2023: Emirates NBD
Qatar's nominal GDP has been forecast at $203.9bn in 2023, according to Emirates NBD, which said both higher oil price…
Fintech Investments in Egypt Surged Over 300% in Past Year: Report
Ahmed Wadi, the Founder and CEO at MoneyFellows, a Cairo-based collaborative Group Lending and Savings Platform, says that he is…
Boursa Kuwait plans to list 8 family-owned firms to expand trading
Boursa Kuwait plans to list eight family-owned companies in an effort to expand trading, Boursa Kuwait CEO told Al Arabiya.…
Contracts show Lebanon's central bank obscured recipients of commissions
For more than a decade, Lebanon's central bank charged commercial banks in the country commissions when they bought government securities…