Mumtalakat eyes infrastructure investments in clean energy projects
Bahrain sovereign wealth fund Mumtalakat is refining its strategy as it looks to widen the net with new infrastructure investments…
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DFSA supports National Cybersecurity Strategy by Launching a Cyber Threat Intelligence Platform
The Dubai Financial Services Authority had launched the first financial regulator-led Cyber Threat Intelligence Platform in the region in collaboration…
Samsung Pay Expands in the UAE With New Bank Partnerships
Samsung is further enhancing UAE customers’ mobile payment experience by collaborating with First Abu Dhabi Bank and Abu Dhabi Islamic…
How Switzerland’s oldest private bank is evolving for its growing Middle East client base
Lombard Odier, a Swiss private bank with roots dating back to 1776, is undoubtedly old — something it says can…
Dubai’s Sarwa raises $8.4 million Series A to make investing
Dubai-based investment advisory platform Sarwa has raised $8.4 million in a Series A round, it announced today in a statement…
Saudi Arabia issues US$5b of bonds as Gulf tensions ease
Saudi Arabia sold its first Eurobond of the year on Tuesday as tension in the Middle East eased over the…
POLL-Gulf economies to pick up this year following spending spree
Economic growth in the Gulf will pick up this year and next, helped by Saudi Arabia's investment programme and Expo…
Businesses Face a Digital Ceiling in Their Transformation Progress
Businesses globally face a "digital ceiling" when it comes to digital transformation, according to new research from Infosys Knowledge Institute…
Beirut reference rate lowered to 5.75% for dollars – banking association
Lebanon's banking association said on Wednesday that the Beirut Reference Rate was reduced to 5.75% for U.S. dollars and to…
Saudi investors in talks to buy London’s Ritz hotel, says report
A private investment group representing wealthy Saudi Arabian families is reportedly in talks to buy London’s famous Ritz hotel. …
NBK reports 2019 net profit of KD 401.3
NBK reports 2019 net profit of KD 401.3 million, increasing 8.2% Y-o-Y - Total assets at KD 29.3 billion…
Three Top Trends In Wealth Management For 2020
Wealth management is transforming faster than most professionals realize because the industry’s customer base is changing. Three trends are…