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…
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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…
UAE, GCC embrace digitisation faster in Middle East
The UAE and Gulf countries are significantly embracing digitalisation while broader Middle East firms are still operating in the traditional…
Gulf banks to offer $250 million loan to Banque Misr
A consortium of Gulf banks, including Saudi Arabia’s Al Ahli, UAE’s Abu Dhabi Commercial Bank and Emirates NBD, and Qatar’s…
NBK launches Its Salary Acquisition Campaign
National Bank of Kuwait (NBK) continues launching outstanding campaigns aiming to offer unique rewards to its customers. This year,…
This country says it has no plans to introduce income tax for now.
Just weeks after the United Arab Emirates unveiled a new company levy as part of an effort to shed its…
Saudi Arabia real estate: Vast majority of kingdom’s richest want to buy a new home in next 12 months
Nearly three-quarters, 73 percent, of high net worth individuals (HNWI) in Saudi Arabia are planning to buy a second home…
AI wealth manager FinaMaze opens the metaverse to UAE investors
FinaMaze, a hybrid asset manager regulated by The Abu Dhabi Global Market, will open an investment portfolio on Tuesday that…
Second-Biggest Saudi Arabian Bank Plans $4 Billion Capital Boost
Al Rajhi Bank plans to boost its capital by $4 billion as the second-biggest Saudi Arabian lender looks to grow…