Platform technology provider boasts soaring assets
Assets held on platforms using GBST technology increased to more than £120bn in the six months to the end of…
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EFG Hermes concludes advisory on $52 million DGC IPO
DGC owns and operates the Salalah II independent power project which comprises two power generation plants with a combined and…
DFM International Investor Roadshow in London attracts 49 institutions, 28% of them are first timers
The Dubai Financial Market (DFM) International Investor Roadshow in London has achieved tremendous success connecting representatives of 49 international institutions…
Turkey Ripples Hit Korea as Record Money-Market Funds Pulled
Turkey’s economic troubles are reverberating in a market for short-term investors all the way across the Eurasian continent in South…
HSBC to launch ‘first-of-a-kind’ digital branches across UAE
HSBC’s Middle East division is planning to open several digital branches across the UAE to better cater to the needs…
Aqarmap.com raises investment from Gulf funds
Egypt's Aqarmap.com has closed a round of funding led by several GCC funds. The online real estate marketplace said…
Citi’s long-serving CFO retires in executive shake-up
Three of Citigroup’s most senior executives are leaving the bank, including chief financial officer John Gerspach and its Europe, Middle…
UAE Private Sector Growth Slows, Employment Shrinks
Expansion of the United Arab Emirates’ non-oil private sector slowed to a five-month low in August as total employment shrank…
DIFC's FinTech Hive aims to expand its programme in 2019
FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, has…
Kuwait’s Warba Bank obtains capital increase approval from CMA
Kuwait-based Warba Bank has announced that it obtained Capital Market Authority’s (CMA) approval to increase its capital by 50 per…
Investcorp acquires minority stake in top Swiss bank
Bahrain-based Investcorp, a global provider and manager of alternative investment products, has announced that it has taken a strategic minority…
Citi wins tender to buy Israeli government's Bank Leumi stake
Citi won a tender to buy the Israeli government's remaining 5.37 percent stake in Leumi, the country's second largest bank,…