Al Maryah Community Bank boosts board
UAE’s first licensed digital-only bank – Al Maryah Community Bank, has appointed Mr. Adeeb Ahamed, Managing Director of Abu Dhabi…
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IFC, National Bank of Iraq partner to boost access to finance for SME's
To support the growth of smaller businesses in Iraq and help them create jobs and overcome challenges, including from COVID-19-related…
City Edge Developments appoints new CEO
Due to his enormous experience in the real estate sector, the Board of Directors of City Edge Developments announces the…
NBF delivered robust nine month results with profit up 36.4%
NBF is pleased to announce its results for the nine month period ended 30 September 2021. Highlights: NBF achieved…
BlackRock to work with Saudi’s National Development Fund on $53bn infrastructure plans
US asset management giant BlackRock will work with Saudi Arabia’s National Development Fund to help plough up to SR200 billion…
GTA launches direct payment service with CBQ, QNB
The General Tax Authority (GTA) in co-operation with Commercial Bank of Qatar (CBQ) announced the launch of a direct payment…
Saudi EXIM Bank, Japan's SMBC, sign MoU
The Saudi Export-Import Bank and the Sumitomo Mitsui Banking Corporation has signed a Memorandum of Understanding that would see the…
Rocky Road to Recovery
• The market is starting to buy the inflation argument • Although Central Banks are still divided, the momentum is…
Alternatives investment firm debuts Middle East office led by industry veteran
Pretium has established its first Middle East office in Dubai. Jamal Saab has joined as Managing Director to head and…
DFSA introduces regulatory framework for Investment Tokens
The Dubai Financial Services Authority has launched its regulatory framework for Investment Tokens. The framework reflects the proposed regulations outlined…
BlackRock Wins Saudi Arabia’s National Infrastructure Fund Mandate
BlackRock Inc., the world’s largest asset manager, won a mandate to help Saudi Arabia create and oversee the National Infrastructure…
UAE banking assets to grow by up to 10% next year amid Expo boost and economic recovery
UAE’s banking assets are expected to grow by between 8 per cent and 10 per cent in 2022 as the…