Citigroup’s UAE Wealth-Management Unit Plans to Triple Assets
Citigroup Inc.’s wealth-management business in the United Arab Emirates plans to triple assets under management to $15 billion over the…
Comment & Analysis
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International Court of Arbitration opens case management office in Abu Dhabi
The International Court of Arbitration of the International Chamber of Commerce (ICC Court) is opening a case management office for…
Saudi Arabia tries to lure multinationals from Dubai
Saudi Arabia’s Crown Prince Mohammed bin Salman is spearheading a campaign to convince multinationals from Google to Siemens to relocate…
NBK says 2021 could be best year for Mideast private equity investments
This year could be the best yet for private equity investments in the Middle East and North Africa region as…
Qatar’s Al Khalij Shares Rise After $2.2 Billion Share-Swap Deal
Al Khalij Commercial Bank PQSC shares surged Sunday after it agreed with Masraf Al Rayan QSC for a share-swap combination…
Qatar-GCC trade to rise in 2021
The volume of trade between Qatar and the GCC is set to rise significantly this year, after reopening of Saudi…
Total banking on renewables
Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick…
Digital transformation: What are the key challenges that regional banks continue to face?
Banking in the Middle East is undergoing a digital transformation. Today, businesses are increasingly expecting faster, more streamlined and efficient…
ABC Bahrain generates over 1.6 million business referrals during 2020
The portal, which has now established itself as the leading business reference resource for anyone looking for contact and business…
Qatar banks' funding, liquidity profiles to get boost from end to blockade: Fitch
Qatari banks' funding and liquidity profiles are expected to benefit from the end to the blockade on Qatar, according to…
Fitch sees Qatar banks benefiting from Saudi Arabia fund inflows
Saudi Arabian clients are expected to start shifting some of their funds back to Qatar after four Arab states agreed…
BCG and MIT call for more focus on holistic AI strategies in MENA
The Middle East is facing an artificial intelligence (AI) gap. While the intention to invest in artificial intelligence is strong,…