UAE Central Bank launches world’s first sovereign financial cloud platform
The Central Bank of the UAE (CBUAE) has partnered with Core42, a G42 company, to develop what it describes as…
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Teamwill appoints Hakim Mzoudi as Chief Growth Officer
Teamwill, an international IT consultancy headquartered in Paris, has appointed Dubai-based Hakim Mzoudi as its new Chief Growth Officer. …
Ajman Bank and Al Zorah announce strategic collaboration to enhance homeownership solutions in Ajman
Ajman Bank and Al Zorah Development Company a joined venture between Ajman Government and Solidere International have signed a Memorandum…
Dollar Jumps, Euro Rises Against Egyptian Pound
The U.S. dollar recorded a sudden surge against the Egyptian pound at the close of trading on Wednesday, climbing across…
HNWIs hold $87trln in wealth; UAE attracts 9,800 new millionaires in 2025: report
The world’s high-net-worth individual (HNWI) population of nearly 23 million individuals who collectively hold close to $87 trillion in wealth…
e& CEO Hatem Dowidar to step down after six years at the helm
Telecommunications giant e& said on Tuesday that its group CEO, Hatem Dowidar, will step down at the end of March…
Deloitte: AI now mainstream in GCC tax, finance
A new regional survey by Deloitte’s Tax & Legal practice shows that organisations across the GCC are accelerating adoption of…
Gold, silver prices rise in Dubai amid US tariff uncertainty
Trade escalation typically revives investor appetite for hedging assets, particularly in a global environment marked by slowing growth and rising…
IsDB announces $2.41bn in new financing for development sectors
The Islamic Development Bank has approved $2.41 billion in new financing for a series of transformative projects during its 364th…
Qatar’s Commercial Bank prices $500mln PNC5.5-year AT1
Qatar’s Commercial Bank PSQC, rated A2 by Moody’s (stable), A- by S&P (stable) and A by Fitch (stable), has raised…
Dentons Middle East welcomes experienced senior banking talent in Muscat, Doha and Dubai
Dentons Middle East is strategically leveraging its region-wide Banking & Finance bench with the appointment and relocation of three experienced…
NBK Wealth wins ‘Best Private Bank in Kuwait 2026’ from Global Finance
NBK Wealth Group, a subsidiary of the National Bank of Kuwait, achieved a new milestone that reinforces its leading position…