Ithmaar Holding reports 2021 profits
Ithmaar Holding B.S.C. (Trading symbol Bahrain Bourse and Dubai Financial Markets: ITHMR) has reported profits for 2021 as it announced…
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Network International appoints Navneet Dave as Regional Managing Director – Processing for GCC
Network International has announced the appointment of Navneet Dave as Regional Managing Director – Processing – GCC (excluding KSA). In…
Apollo to Invest in Aldar Through Landmark US$1.4 Billion Transaction
Aldar Properties PJSC and Apollo Global Management have signed a landmark commitment that will see Apollo-managed funds and clients invest…
Egypt M&A activity further accelerates in the second half of 2021 leading to the full year tally: Baker McKenzie Report
• Egypt deal values continued to rise in H2 2021 with another quadruple (430%) surge whereas volumes increased by 38%…
As SNB celebrates merger, some clients struggled to find their way
It took only 15 months for National Commercial Bank and Samba Financial Group to complete the fastest and largest merger…
Bahrain Association of Banks Chairman honoured
Adnan Yousif, Chairman of the Bahrain Association of Banks, was honored by Lebanon News Online in recognition of the years…
Bank ABC swings to $100m net profit in 2021
Arab Banking Corporation (Bank ABC), a leading player in the region’s banking industry, has recorded a net profit of $100…
SABB awarded ‘Best in Class E-Commerce Acquirer’ by Mastercard
The Saudi British Bank (SABB) has been awarded “Best in Class eCommerce Acquirer 2021” by Mastercard. It is in recognition…
FM to meet UNFCCC officials as part of preparations for COP 27 hosted by Egypt
Minister of Foreign Affairs Sameh Shokry headed Sunday to the German city of Bonn housing the headquarters of the secretariat…
UAE bank Mashreq to use Israeli financial crime detection tool
Emirati bank Mashreq (MASB.DU) will use a transaction monitoring tool for correspondent banking developed by Israeli cyber security firm ThetaRay…
Saudi Arabia transfers $80bn in shares to wealth fund for green projects
Saudi Arabia has transferred shares worth $80bn to its sovereign wealth fund as the oil-rich nation hopes to rival Norway…
Thematic investing and the importance of Millennials in shaping the economic landscape
Kamco Invest hosted a webinar focused on thematic investing in collaboration with Goldman Sachs Asset Management. Goldman Sachs is…