Egypt’s EFG Hermes looks to Saudi business for expansion
Egyptian investment bank EFG Hermes hopes to close a deal to acquire a Nigerian broker next month and is hoping…
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Saudi asset manager Sedco adds £137m of European property to portfolio
The firm has acquired a £31.8m 25-acre distribution site in Yorkshire, which is occupied by Eddie Stobart, and a £35.2m…
Dubai launches its first investment week amid record foreign inflows
Dubai on Monday launched its first-ever investment week, held under the theme "Investing in Future Transformations" as the emirate celebrated…
French queen Marie-Antoinette’s $3 million jewels arrive in Dubai
Some of the jewels worth $2.9 million that were previously worn by Marie-Antoinette herself have just arrived in Dubai and…
Dubai Land Department signs MOU with Knight Frank Middle East
Dubai, United Arab Emirates: Knight Frank, the leading independent global property consultancy, has signed a memorandum of understanding (MoU) with…
Berkeley Assets boosts Mideast capital raising team
Berkeley Assets, a multi-asset private equity company with investments in real estate, hospitality, logistics and technology sectors, has appointed a…
ABK appoints Al-Mutawa as GM of Wealth & Private Banking division
Al-Ahli Bank of Kuwait (ABK) yesterday announced the appointment of Khaled Faisal Al-Mutawa as General Manager of its Wealth &…
Natixis Investment Managers appoints Suhail Albaz as Regional Head of Middle East, Africa and Central Asia-TradeArabia News Service
Natixis Investment Managers, (Natixis) one of the world's largest asset managers with over a trillion dollars in AUM,* has appointed…
Dubai to launch blockchain payments. Central Bank Digital Currency?
Soon Dubai citizens and residents will be able to make digital currency payments for school fees, utility bills and retail…
Investment in Kuwait is a base for investment all over the region
In this interview, Sheikh Ahmad Duaij Al-Sabah gives his insight into the financial sector in Kuwait, discusses CBK and its…
Standard Chartered said to prepare for $1.5bn fine over Iran
Standard Chartered is bracing for a potential penalty of around $1.5 billion from US authorities for allowing customers to violate…
QIIB’s CEO honoured with GIFA Islamic Finance Award
QIIB chief executive officer Dr Abdulbasit Ahmad al-Shaibei was honoured with the ‘Most Outstanding Leader in Islamic Finance Award-2018’ in…