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FinTech

Jordan Kuwait Bank signs transformative deal with iGTB

October 21, 2021

Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena Limited has announced that Jordan-headquartered Jordan Kuwait…

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Hedge Funds & Alternative Investments

EDB, ADIO sign MoU to collaborate on boosting FDI and promoting business

October 20, 2021

Emirates Development Bank and the Abu Dhabi Investment Office [ADIO] have announced the signing of a Memorandum of Understanding (MoU)…

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Property & Real Estate

Sidra Capital acquires landmark property facing Buckingham Palace

October 20, 2021

Sidra Capital has announced the expansion of its UK real estate holdings with the acquisition of No. 4-5 Buckingham Gate…

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Financial Results

Emirates Islamic swings to $218mln net profit on lower impairment costs

October 20, 2021

Emirates Islamic’s earnings have rebounded on the back of higher non-funded income and lower impairment allowances.    The Islamic lender…

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Comment & Analysis

Research reveals challenges of transition towards a greener carbon neutral world ahead of COP26

October 20, 2021

MUFG research released today suggests that the UN Climate Change Conference UK 2021 (COP26) could play a vital role in…

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Awards and Recognition

NBB announces shortlisted teams from Digital Banking Challenge

October 20, 2021

The National Bank of Bahrain (NBB) has announced the top 8 shortlisted teams participating in the NBB Digital Banking Challenge,…

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Executive Moves

FAB hires head of global transaction banking

October 20, 2021

First Abu Dhabi Bank (FAB) has named Sanjay Sethi as its new head of global transaction banking.   Having started…

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Comment & Analysis

Western promise: European start-ups are luring Middle Eastern private equity

October 20, 2021

The last two years have been a challenging period for investors, not to mention people, companies and countries across Europe.…

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Financial Results

Emirates NBD: Q3 2021 net profit up 29% YoY to AED 7.3 billion

October 20, 2021

Emirates NBD's strong Q3 results, with net profit up 29% YoY, demonstrate financial resilience and the success of its diversified…

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Comment & Analysis

Digital change: the magic solution?

October 20, 2021

Digital change in itself is not the magic bullet that will explode into a ready-made future-proof solution for all your…

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Hedge Funds & Alternative Investments

Bahrain's Investcorp exits real estate investment in Germany

October 20, 2021

Bahrain’s Investcorp, which counts Abu Dhabi sovereign wealth fund Mubadala Development Co. as a major investor, has sold its long…

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FinTech

Egypt to spend over $2bln to enhance internet efficiency, says minister

October 20, 2021

Egypt has started work on the third phase of its plan to enhance the efficiency of internet services in the…

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