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Financial Results

Al Ahli Bank of Kuwait (ABK) ends 2021 with an Operating Profit of KD 82.1 Million and a Net Profit of KD 27.2 Million About Diffractive Managers Group

February 10, 2022

Al Ahli Bank of Kuwait has  announced strong financial results for the year ended 31st December 2021. Emerging through the…

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Awards and Recognition

Bank Muscat: An innovative journey in offering banking services and products

February 10, 2022

Over the past four decades, Bank Muscat has firmly established itself as one of the leading financial institutions in the…

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Hedge Funds & Alternative Investments

CBB issues amendments to directives on financing firms in Bahrain

February 10, 2022

Online platforms that provide ‘Buy Now, Pay Later’  short-term financing have got an entry into the kingdom with the Central…

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Islamic Finance

Egypt Banking Industry Report 2021 Featuring National Bank of Egypt, Banque Misr, Banque du Caire, Commercial International Bank, QNB Alahli, HSBC and Credit Agricole Egypt

February 10, 2022

The "The Banking Industry in Egypt 2021" report has been added to ResearchAndMarkets.com's offering.   This report on the Egyptian…

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Comment & Analysis

The Future of Money: Gearing up for Central Bank Digital Currency

February 10, 2022

Ladies and gentlemen, friends,     Let me start by thanking the Atlantic Council for providing a fitting venue to discuss…

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Hedge Funds & Alternative Investments

Qatar plans to be Islamic sukuk hub

February 10, 2022

Qatar is planning to be a hub for Islamic sukuk in the world. The Qatar Stock Exchange is expected to…

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Executive Moves

CFA Institute names Paul Moody Managing Director, Regions, Marketing, and Societies

February 10, 2022

CFA Institute has named Paul Moody as Managing Director, Regions, Marketing, and Societies, effective 21 February.   Moody will oversee…

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Uncategorized

Wealth creation to fuel opportunistic Middle East capital

February 10, 2022

Higher oil prices and advanced vaccination programmes is set to translate into strong economic growth this year, with Fitch projecting…

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Financial Results

Bahrain’s GFH reports nearly 87% surge in 2021 net profit

February 10, 2022

GFH Financial Group, an investment bank based in Bahrain, reported an 86.77 per cent surge in its 2021 profit as…

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FinTech

Egyptian investment app Thndr raises $20mln in Series A funding

February 10, 2022

Egyptian digital investment start-up Thndrhas raised $20 million in Series A funding for product development and expansion across the Middle…

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Financial Results

Commercial Bank of Dubai reports profit for 2021

February 10, 2022

Commercial Bank of Dubai  has reported AED1.45 billion in net profit of for the year 2021, a growth of 29.5…

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Islamic Finance

Riyad Bank sells $750mln in perpetual sustainability sukuk

February 10, 2022

Riyad Bank, which is 43% indirectly owned by the Saudi government, sold $750 million in Additional Tier 1 (AT1) Islamic…

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