EDB chief Ahmed Al Naqbi wins accolade for banking transformation in UAE
Ahmed Al Naqbi, chief executive of Emirates Development Bank, has been ranked “Best CEO for Banking Transformation in the UAE…
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Saudi PIF-owned ADES secures $1.6bln from banks
ADES Arabia Holding, a company owned by Saudi Arabia’s Public Investment Fund, has secured a $1.6 billion loan from a…
Doha Bank enhances online banking platform
Doha Bank has announced the launch of new services on trade finance products under Tadbeer, its integrated transaction banking platform…
Banks post impressive growth last year
Qatari banks have delivered impressive results in 2021 despite challenging situation created by COVID-19 outbreak. QNB, QIIB, Masraf Al Rayan,…
StanChart appoints 3 Bahraini women to senior positions
Standard Chartered recently announced the appointment of three senior Bahraini women for leadership positions at the bank. Deena Al…
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…
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…