Unstoppable ESG momentum puts investment manager reporting in the spotlight
Jacolene Otto, Head of Private Equity & Real Estate, describes how the unstoppable momentum of environmental, social and governance (ESG)…
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Kuwait Names New Wealth Fund Board After Three-Month Delay
Kuwait appointed a new board to its $700 billion sovereign wealth fund after a delay of more than three months…
Saudi National Bank reports 1.4% increase in first-quarterly profit after merger
Saudi National Bank saw its net profits increase by 1.4 percent in the second quarter from a year ago, missing…
HSBC offers unique ESG wealth products for its customers
HSBC has announced that it offers a unique wealth management proposition for its customers that includes over 80 ESG bonds,…
Turkey’s banking sector marks net profit of USD4B
According to Turkey’s banking watchdog, the country's marked a net profit of 33.8 billion Turkish liras (USD4 billion) as of…
Demand for Dubai's e-commerce licences jumps 63% in first half of 2021
Dubai recorded a 63 per cent surge in the number of e-commerce business licences issued in the first half of…
Bentley has 5 unused 2015 limousines for sale
Back in 2015, a customer in the Middle East ordered five Mulsanne Grand Limousines to be custom produced by Bentley.…
US$ 174.6 billion sukuk issued globally in 2020
The International Islamic Financial Market (IIFM) announced the launch of the 10th Anniversary Edition of its Annual Sukuk Report. The…
Why Britain’s punitive tax system risks deterring Middle East property investors
When the UK applied a stamp duty surcharge to overseas property investors in April this year, tax advisors and property…
Gulf businesses learnt value of digitising cash transactions during pandemic and it will do them good
For treasurers and finance managers, COVID-19 has encouraged a shift in financial and operational priorities as they manage the impact…
Bahrain’s ila Bank Launches Five New Digital Banking Features
The Bahrain-based open banking platform ila Bank plans to enhance its customer’s overall banking experience with five new features in…
Al Salam Bank – Bahrain announces financial results for the second quarter ended 30 June 2021
Al Salam Bank – Bahrain (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) has reported net profit…