Kuwait banks maintain full services
The Kuwait Banking Federation on Sunday affirmed the banking sector’s commitment to providing its services efficiently and with full readiness…
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Oman's central bank issues treasury bills worth OMR10.45mn
The value of the allotted treasury bills include OMR5 million, for a maturity period of 28 days. The average accepted…
UAE banks, financial firms face temporary service disruptions
Banking and financial institutions in the UAE experienced temporary disruptions to some of their services due to a technical glitch.…
Nomura International Wealth Management Strengthens Middle East Team with Key Hires
Nomura International Wealth Management (IWM) has expanded its Middle East presence by appointing Anshul Shah as an investment advisor at…
UAE gold prices jump more than Dh10 as war fears drive rush to safe assets
Gold prices in the UAE surged on Monday morning, extending their recent rally and reflecting a sharp global shift toward…
Suez Canal Bank, Alameda partner to integrate premium banking, healthcare services
Suez Canal Bank has signed a cooperation protocol with Alameda Healthcare Group, one of Egypt’s largest integrated healthcare providers, aimed…
Amazon Web Services works to restore UAE systems amid reported fire at facility Amazon said that it is actively working on multiple paths to mitigate the issue
Amazon Web Services said yesterday (Sunday) that multiple services in its UAE region were experiencing disruptions, with some customers facing…
UAE Capital Market Authority update
In implementation of its supervisory and regulatory role over the UAE capital markets, and pursuant to the applicable laws and…
Egyptian banking syndicate signs $119.4m facility for Flex PET expansion
A syndicate of Egyptian banks has signed a long-term syndicated facility worth $119.4m for Flex PET Egypt to finance the…
New York hedge fund CEO eyes UAE opportunity
TR Investments, a boutique hedge fund based in New York City, provides personalised alternative investment opportunities for wealthy clients and…
Gulf businesses reel as Iran strikes trigger regional shutdowns
Iran's retaliatory strikes across the Gulf have triggered the most widespread business disruption in the region since the COVID-19 pandemic,…
UAE attracts global wealth as private banking enters new growth phase
Many HNW and UHNW clients are increasingly allocating across multi-asset portfolios, blending public markets with private equity, private credit, and…