KBBO Hires Restructuring Expert for $2 Billion Debt Revamp
Abu Dhabi-based KBBO Group, once one of NMC Health Plc’s biggest shareholders, has hired a turnaround specialist to restructure its…
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Emirates NBD Capital named Sukuk Lead Manager of the Year 2020 by GIFA
Emirates NBD Capital has been awarded Sukuk Lead Manager of the Year 2020 by the Global Islamic Finance Awards (GIFA)…
What Are The Go-To Jurisdictions for Wealthy Middle Easterners and Why?
Ultra High Net Worth Middle Eastern families and individuals have a variety of jurisdictions to look to for succession planning…
Apex bolsters UAE presence with acquisition
Apex Group has announced the acquisition of Praesidium Advisory Ltd. The deal, which closes today, adds further weight to…
Top Sovereign Wealth Fund selected Diligend solution to digitize and automate Fund Due Diligence
Diligend has been selected by one of the biggest sovereign wealth funds in the world to digitize and automate fund…
Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks
The oil and gas industry is increasingly relying on digital technologies to transform itself in the 21st century. As increasing…
Abu Dhabi denies reports of changes to rules surrounding entry into the emirate
The Abu Dhabi Emergency Crisis and Disasters Committee for the Covdi-19 pandemic said on Tuesday morning that the rules for…
Huawei appoints new Middle East head for cloud and AI business
Huawei has appointed Li Shi as its new regional president for the Cloud and AI Business Group, to be based…
Fortinet appoints new regional head for channel, to be based in Dubai
Cybersecurity vendor Fortinet has appointed Shane Grennan as head of its channel operations in the Middle East. Grennan will report…
Kuwait’s National Assembly panel passes law to reduce expat numbers
Kuwait’s National Assembly panel has passed a draft law to reduce expat numbers in the country over the next five…
EMEA companies lead the way with most culturally diverse boards: Refinitiv
Diversity and inclusion in the workforce are the core environmental, social and governance themes that financial professionals are increasingly incorporating…
Egyptian expats' remittances rise to $2.9bln in July: CBE
Remittances from Egyptians living abroad rose for the second month in a row, growing by 9.5% year-on-year (YoY) in July,…