UAE's biggest bank FAB is riding the perfect storm of growth
The US Fed Chairman Jerome Powell has ratcheted up the intensity on upcoming interest rate hikes, with markets already pricing…
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Deloitte: CEO optimism in GCC's construction sector bounces back
Deloitte recently conducted its annual survey of chief executives in the GCC construction industry. Middle East-based Deloitters Jaimi Raikundalia, Nishant…
‘Kuwait Sovereign’ one of 4 wealth funds in GCC
The Kuwaiti Sovereign Wealth Fund was one of the four sovereign wealth funds in the Gulf Cooperation Council countries and…
Jordan's Arab Bank records 61% surge in 2021 profit
Arab Bank, Jordan's biggest lender, reported a 61 per cent surge in its 2021 net profit, as net interest and…
UAE banks to see significant credit growth from Q1 2022: Central Bank of UAE survey
The UAE’s banks are expected to see a significant increase demand for both corporate and personal loans in 2022, according…
Dubai's ICICB Group preps Brazilian digital bank
The Group has a long track record of generating revolutionary new businesses and propositions with rigorous discipline and pace, spanning…
Investcorp announces sale of 10 UK Industrial and Logistics assets for a combined sale price of £108.4mln
Investcorp, a leading global alternative investment firm, has announced that it has completed the sale of 10 UK industrial and…
IFID 2022 focusing on "How fintech innovation is transforming the investment industry"
The Annual Islamic Finance Innovation Day (IFID) Forum has announced that its third edition is set to take place in…
KSA speeding up digital transformation says survey
Nearly all (92%) of Saudi Arabia’s government IT decision-makers agree that the Covid-19 pandemic has accelerated their digital transformation over…
Blockchain and Cryptocurrency Is 'Here to Stay and Impossible to Regulate at Large' — CEO of a United Arab Emirates Based Bank
According to the chief executive officer (CEO) of the United Arab Emirates-based financial institution, Bank of Sharjah, blockchain and cryptocurrencies…
Kuwaiti National Industries to increase in its capital by 35%
The Board of Directors of Kuwait’s National Industries Co., also known as KPSC, approved a 35 percent increase in the…
QIC ranked Top Investment House in Mena for fourth year
Qatar Insurance Company (QIC), the leading insurer in the Middle East and North Africa region has been ranked as the…