Dukhan Bank net profit jumps 12%
Dukhan Bank has posted a net profit of QR900mn in the third quarter, up 12% on the same period last…
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KSA’s banking industry stays strong amidst pandemic
According to Saudi Central Bank Gov. Fahad Almubarak, banking industry of Saudi Arabia stayed strong throughout the Coronavirus pandemic and…
'Year of the Fiftieth' sees Dubai house prices jump 21%
Villa values up 14% since start of COVID-19 pandemic Total transaction volumes slip to AED 11.2bn in October Dubai’s property…
Qatar’s wealth fund might acquire $7bn gas assets from UK’s National Grid: CNBC
Qatar Investment Authority (QIA), the country’s sovereign wealth fund, may acquire assets of the UK’s National Grid, which operates electricity…
Qatar First Bank participates as a private investor in a Silicon Valley AI Technology Company
Qatar First Bank LLC has announced the completion of an agreement to invest in SoundHound Inc., a US late-stage tech…
National Bank of Egypt Launches B2B Platform
The National Bank of Egypt (NBE) has launched a B2B electronic payment service that includes collection and payment tools meant…
ALEXBANK launches a new communication strategy
ALEXBANK launches its new communication strategy, designed and developed for all 11 International Subsidiary Banks of Intesa Sanpaolo, the leading…
Israel's Bank Leumi raises $721 mln in bond issue
Bank Leumi (LUMI.TA), one of Israel's two largest lenders, said on Sunday it raised 2.3 billion shekels ($721 million) in…
Kuwait’s central bank, CMA initiate campaign on crypto assets
The Central Bank of Kuwait has collaborated with the Capital Markets Authority to launch a joint financial literacy campaign on…
The role of hydrocarbons in the energy transition agenda
“The things of nature do not really belong to us,” Oscar Wilde has been quoted as saying. “We should leave…
Saudi Arabia’s digital ambitions are key to low-carbon future
At the recent inaugural Saudi Green Initiative Forum and just days before the start of the recently concluded COP26 conference…
Raseed closes $1.1 million investment round led by Impact46
UAE-based investment platform Raseed has raised $1.1 million in a pre-Seed round led by Impact46 with participation from Oqal Angel…