EFG Hermes successfully closes the third issuance for Hermes securities brokerage
EFG Hermes has announced that it has successfully concluded the issuance of a senior unsecured short-term note for the Hermes…
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Arab Monetary Fund signs MoU with mastercard
The Arab Monetary Fund (AMF) and Mastercard, announced today the signing of a Memorandum of Understanding (MoU). Under the…
GCC mergers and acquisitions volumes grow 39% in first half of 2021
The volume of mergers and acquisitions in the GCC increased 39 per cent annually in the first half of this…
Egypt ‘ready’ to join JP Morgan index by end-Jan
Egypt announced it is ready to officially join the JP Morgan Government Bond Index-Emerging Markets (GBI-EM for emerging markets by…
FAB to complete acquisition of Bank Audi
Egypt (FAB), in collaboration with the Central Bank of Egypt (CBE), will complete the acquisition of Bank Audi – Egypt,…
Abu Dhabi State Fund Bullish on Crypto Infrastructure
Abu Dhabi state fund Mubadala said that it was not a crypto skeptic with optimism on investments in related infrastructure. …
Saudi Real Estate Refinance Company issues SAR 2bln Sukuk, under its existing Sukuk Programme
Saudi Real Estate Refinance Company (SRC) successfully completed issuing a SAR 2 billion Sukuk to support lenders in the housing…
Interview: Digital adoption is trending, but UAE banking must offer hybrid services, says Emirates NBD's Suvo Sarkar
Zawya spoke with Suvo Sarkar, who is Senior Executive, Vice President and Group Head of the Retail Banking and Wealth…
Dubai reduces 33% of carbon emissions in 2020
Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, has announced that Dubai reduced its carbon…
Kuwait's KIPCO names new group CEO as vice chairman retires
Kuwait Projects Company Holding (KIPCO) announced on Sunday the appointment of Sheikha Dana Nasser Sabah Al Ahmad Al Sabah as…
Digitalization readiness key to unlocking SME growth potential in Middle East & Africa: Mastercard white paper
Small and medium enterprises (SMEs) across the Middle East and Africa (MEA) region are recognizing digitalization as essential to staying…
GFH Financial, Wafra buy portfolio of logistics assets in US
GFH Financial Group has teamed up with Kuwait’s Wafra International Investment Co. to acquire a portfolio of logistics assets in…