“No layoffs at Danube Group,” says Rizwan Sajan
Dubai-based Danube Group has committed to retaining its entire workforce and maintaining timely salary payments, as its founder and chairman…
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Standard Chartered hires Ole Matthiessen to lead new global transaction services and digital assets team for Corporate & Investment Banking
Standard Chartered announced today that it has hired Ole Matthiessen as Global Head, Transaction Services & Digital Assets. Ole…
Arab Financial Services appoints Mahmoud Ismail as managing director, Egypt and Group head of acquiring products
Arab Financial Services (AFS), the leading digital payments provider and fintech enabler across the MENA region, announced the appointment of…
QIB named Best SME Bank in the Middle East and Qatar by Global Finance
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has been recognized as the Best SME Bank in the Middle East…
BankDhofar’s SME growth strategy is designed to empower entrepreneurs
Small and medium enterprises (SMEs) have become one of the main pillars of Oman’s national economy, given their rapid growth,…
ADES Holding Co. reports $218m net profit
Oil drilling firm ADES Holding Co. reported a net profit of SR818.01 million ($218.07 million) in 2025, representing a 1.93…
Saudi Arabia’s Public Investment Fund’s Targets Greater Third-Party Capital in Upcoming Five-Year Strategy
Saudi Arabia’s Public Investment Fund (PIF) is set to unveil a new five-year strategy focused on increasing participation from external…
Qatar International Islamic Bank shareholders approve 53% cash dividend for FY2025
Qatar International Islamic Bank shareholders have approved a total cash dividend distribution of 53% of the bank's paid-up capital, equivalent…
ADGM celebrates decade of operations with 36% surge in AUM
Total AUMs within ADGM rise to 36% in 2025, while the number of asset and fund managers, collectively managing 244…
Gold prices inch higher in Dubai in early trade as investors look for direction
Gold’s short-term performance remains fragile as the Middle East military conflict involving the US, Israel and Iran drags on and…
Private markets draw more Middle East capital as companies stay private
Private markets are taking a larger share of investor attention, with more capital moving into assets outside traditional stock and…
Saudi wealth fund PIF aims to draw more third-party capital in new five-year strategy
Saudi Arabia’s Public Investment Fund’s (PIF) new five-year strategy will be released soon and will include a focus on attracting…