Wealth management 2.0: How has the regional landscape evolved
The concept of wealth has evolved significantly – from clothes and metals to fiat and digital currencies, wealth has not…
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Dubai GFH Capital exits U.S. industrial portfolio
Dubai-based GFH Capital Limited said Sunday it has signed agreements to exit from its US Industrial Portfolio I and II…
Assets of UAE Islamic banks grow by 5% in 2020: Central Bank
Assets of fully-fledged Islamic banks grew by 5 percent during 2020, accounting for about 19 percent of UAE’s total banking…
Abu Dhabi back to bond markets despite rebound in oil
Abu Dhabi plans to sell US dollar bonds on Tuesday in its first foray in the international debt markets this…
Saudi-listed companies see total profits surge 44 percent in Q1 2021
Companies listed on the Saudi stock exchange (Tadawul) reported a 44 percent year-on-year increase in aggregate net profit during the…
Banque du Caire reports EGP 1bn in net profit in Q1 2021
Banque du Caire has revealed in its latest financial statements that it achieved a net profit of EGP 1bn during…
Bahrain based Fintech wins RegTech Innovation Challenge
Rsquare Technologies has won the Central Bank of Bahrain’s SuperNova 2021 ‘RegTech Innovation Challenge’ for their Account Blocking & Unblocking…
Emirates Development Bank signs agreement with Peer-to-Peer Platform
Emirates Development Bank Sunday announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer (P2P) lending platform,…
Sohar International introduces Escrow accounts for real estate sector in Oman
Further enhancing investor confidence whilst facilitating financial services for developers, Sohar International introduces Escrow Accounts. This financial solution comes…
World Bank forecasts Qatar economy to post GCC’s best growth rate of 4.5% in 2023
Qatar's economy will grow 3% this year, 4.1% in 2022 and at the GCC’s best rate of 4.5% in 2023;…
Abu Dhabi Commercial Bank shareholder sells $300m stake
An investor in Abu Dhabi Commercial Bank has sold its entire stake in the lender for about 1.1 billion dirhams…
QNB named ‘Best Sub-custodian Bank in Qatar’
QNB Group, the largest financial institution in the Middle East and Africa, has won the prestigious award of the “Best…