Turkey, Africa seek stronger post-pandemic partnership
The Turkey-Africa Economy and Business Forum last week was the latest example showcasing the value Turkey attaches to countries across…
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Global private wealth holders set to almost double impact investing allocation over next five years
High net worth individuals, families, family offices, and foundations plan to increase their allocation to impact investing from 20 per…
State Street and SimCorp Announce Intended Business Partnership, with Front-to-Back Investment Outsourcing Solution for EMEA Insurers
State Street Corporation and SimCorp has announced their intent to form a business partnership to provide a premier, fully integrated,…
Dubai Financial Market announces launch partners for new equity futures platform
Dubai Financial Market (DFM) on Sunday announced that 14 companies including brokerage firms as well as technology and data providers…
Why wealth preservation needs a disciplined approach
Vipul Kapur, Managing Director, Head of Private Banking at Mashreq, tells GN Focus how the bank is gearing up for…
NCB-Samba to merge into Saudi banking heavyweight
Saudi Arabia's biggest lender National Commercial Bank 1180.SE (NCB) has entered a binding merger agreement with smaller lender Samba Financial…
The UAE retains its allure for the ultra-wealthy
With the coronavirus pandemic crippling businesses and disrupting people’s mobility globally, experts believe the UAE may see a partial exodus…
Emirates Development Bank launches supply chain finance platform to help UAE businesses
Emirates Development Bank launched a National Supply Chain Finance platform on Sunday to help the country’s businesses and SMEs gain…
UAE – Markets await the results marathon to regain momentum
Stock market closings varied at the end of last week’s trading amid a state of anticipation for the start of…
The Egyptian Central Bank establishes a company to transfer funds and…
The Central Bank of Egypt announced the establishment and launch of the “EgyCash Technology Solutions for Cash Transactions”, which specializes…
Islamic syndications become attractive than sukuk in GCC
Islamic financing (loan) syndications are becoming popular among borrowers in the core Islamic countries such as the GCC Turkey, Malaysia…
COVID-19 to take a heavy toll on GCC bank profits in 2020, says Moody's
Slowing business activity across the GCC from the coronavirus outbreak amplified by falling hydrocarbon revenues are expected to impact the…