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…
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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…
QLM reports strong growth of 16% in net underwriting income in FY 2021
QLM Life and Medical Insurance Company has revealed its financial results for the twelve-months period ending December 31, 2021. …
Saudi EXIM signed a memorandum of understanding with Natixis CIB for Banking Services
Saudi Export-Import Bank has signed a memorandum of understanding with Natixis Corporate & Investment Banking , a subsidiary of Groupe…
Masterplan approved for Bahrain’s ‘green city’ Bilaj Al Jazayer
The real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat), the country’s sovereign wealth fund, has announced that the masterplan…
QIC awarded four accolades at Global Banking & Finance Review Awards 2021
Qatar Insurance Company, Qatar’s first and largest insurance company in the Mena region, has been crowned “Insurance Brand of The…
ADQ gets licence to set up digital banking platform
ADQ, an Abu Dhabi-based investment and holding company, has announced the Central Bank of the UAE has granted an in-principle…
Al Salam Bank net profit surges 134pc
Al Salam Bank has reported a net profit attributable to shareholders of BD21.4 million ($56.7 million) for FY 2021 compared…
Dubai bids to attract 50 multinational companies in 3 years as Prince William visits
Dubai plans to attract 50 multinational companies within three years, the Dubai International Chamber said in a statement, as Prince…
UAE Tax issues affecting international clients
The United Arab Emirates has announced that it will introduce a new 9% corporate tax rate for businesses with taxable…