General Reinsurance expands its Middle East presence with new office at DIFC
Dubai International Financial Centre (DIFC) has announced that General Reinsurance AG (Gen Re) has established a Middle East office in…
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Guidelines for Financial Institutions adopting Enabling Technologies: UAE regulatory authorities
The Central Bank of the UAE (CBUAE), the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) of…
UAE's wealthy reluctant to take risks, expect lower returns due to COVID-19 – survey
The UAE’s wealthy are now reluctant to take risks and are expecting lower returns on their fortunes, as the global…
Commercial Bank launches 'direct payment service' in cooperation with General Tax Authority
Commercial Bank launched in cooperation with General Tax Authority a direct payment service from the taxpayer’s account to the authority’s…
Standard Chartered Bank executes its first ESG 'Use of Proceeds' repo
Standard Chartered Bank said on Monday it has executed its first ESG (Environmental, Social, and Governance) ‘Use of Proceeds’ repurchase…
Dubai launches $272mln Future District Fund to invest in startups
Dubai launched on Monday its Future District Fund with one billion dirham ($272.29 million) to invest in startups, deputy ruler…
Qatar and Rwanda Establish US$250M Pan-African Social-Economic Transformation Fund
The Kigali International Financial Centre, Africa’s leading destination for compliant and professional financial services and cross-border investments has established a…
Deloitte releases its latest Fraud Survey for the Middle East
We have pleased to launch the Middle East Fraud Survey report, illustrating how organisations in the Middle East have been…
Jersey Finance Agrees New Framework for Cooperation with Dubai International Financial Centre
Jersey Finance has signed an agreement with the Dubai International Financial Centre (DIFC) Authority, paving the way for closer collaboration…
BBVA launches offer for rest of Garanti in bet on Turkey
BBVA’s Board of Directors has agreed to launch a voluntary takeover bid for the 50.15 percent stake it does not…
Kamco Invest reports net profit of KWD8.2mn
Kamco Invest has announced its financial results for the 9 months period ended 30 September 2021. The Company reported a…
Ben Hughes and Sami Besbes join Kroll in Dubai and Abu Dhabi
Global consulting firm Kroll has bolstered its Restructuring Advisory practice in the Middle East with two seniors: Ben Hughes and…