Kingdom’s journey from ultra-conservatism to ultra-modernism
Saudi Arabia, currently, is undergoing a phenomenal metamorphosis; a country widely known for its ultra-conservative posture is now gradually moving…
Hedge Funds & Alternative Investments
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Rashed Sharif, executive at Saudi Public Investment Fund
Rashed Sharif joined the Public Investment Fund (PIF) as head of the Local Holding Investments Division in 2017, and is…
Taqadam doubles funding for upcoming startups in KSA
King Abdullah University of Science and Technology (KAUST) and its partner Saudi British Bank (SABB) will award SR10 million ($2.7…
7 positive indicators that reflected the strength of the UAE banking…
The operating income structure of the banking system in the country witnessed 7 positive indicators during the year 2019, which…
Apex Group Launches Compliance Solutions in the Abu Dhabi Global Market (ADGM), UAE
Apex Group has announces the launch of its Compliance Solutions business in the Abu Dhabi Global Market. This will…
Commercial Bank of Dubai hires banks for perpetual bonds
Commercial Bank of Dubai has hired a group of banks to arrange a global investor call ahead of a potential…
Aramco chief wins energy executive of the year award
Saudi Aramco’s president and CEO, Amin Nasser, has been named energy executive of the year by a panel of international…
ICE to launch ADNOC’s Murban oil futures early in 2021
Intercontinental Exchange said on Monday it planned to launch ICE Futures Abu Dhabi (IFAD) and trading in Murban futures contracts…
Qatar to thrive as world’s top LNG exporter well into next decade: Apicorp
Qatar is expected to maintain its title as the world’s top LNG (liquefied natural gas) exporter well into the next…
Oman plans to introduce 5% VAT from April 2021
Cash-strapped Oman is planning to introduce a 5 per cent value-added tax in April, following the lead of Gulf neighbors.…
Over half of consulting firms in MENA recruiting fresh talent
Despite facing disruption from the Covid-19 industry, more than half of large consultancy firms in the Middle East are planning…
Saudi’s National Commercial Bank buys Samba in $14.8B deal
Saudi Arabia’s National Commercial Bank said Sunday it will purchase rival lender Samba Financial Group in a deal valued at…