Uncategorized

Hedge Funds & Alternative Investments

Bahrain's Arcapita and Khaleeji Bank sign $50mln financing facility deal

November 7, 2024

Arcapita Group Holdings (Arcapita), a global alternative investment firm, has signed a $50 million asset-backed financing facility agreement with Khaleeji…

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FinTech

Transforming Wealth Management with Innovation: Insights from Avaloq’s Pascal Wengi

November 6, 2024

In an insightful interview, Pascal Wengi, Managing Director for Asia Pacific, the Middle East and Africa (APAC & MEA) and…

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FinTech

Leonteq launches Shari'a-compliant offering on LYNQS

November 6, 2024

Leonteq announced that it has enabled its Shari’a-compliant structured product offering on its digital investing platform, LYNQS.   Following the…

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Regulation, Risk & Compliance

DFSA fines company for unauthorised, misleading financial promotions

November 6, 2024

The Dubai Financial Services Authority published today a Decision Notice against Vedas International Marketing Management (Vedas Marketing) for unauthorised and…

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Hedge Funds & Alternative Investments

Qatar Financial Centre PMI: Non-energy private sector growth strengthens in October Faster increase in new business drives output higher

November 6, 2024

Employment and wage growth remain close to record levels Outstanding business increases at sharpest rate in over two years Data…

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Regulation, Risk & Compliance

SAB receives prestigious ISO certification

November 6, 2024

Saudi Awwal Bank has achieved the ISO 9001:2015 certification from the International Organization for Standardization, becoming the first bank in…

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Islamic Finance

ADIB becomes first UAE bank to safely test fractional Sukuks offering to retail investors

November 6, 2024

Abu Dhabi Islamic Bank (ADIB) announced today that it has successfully tested the fractional Sukuk technology in a safe environment…

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Islamic Finance

Al Salam Bank Launches ASB Capital: A New Asset Management Firm in the DIFC with AUMs of USD 4.5 Billion

November 6, 2024

Al Salam Bank, Bahrain's largest Islamic bank, announces the launch of ASB Capital, a newly established Category 3A asset management…

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Executive Moves

Capital Gate Advisors strengthens public policy offering with Tim Fox

November 6, 2024

Capital Gate Advisors, a strategic and financial communications from the Middle East, has strengthened its partner team with Tim Fox.…

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Hedge Funds & Alternative Investments

Al Faisal Al Baladi Holding launched

November 6, 2024

Senyar Trading & Distribution Company and Al Baladi Holding announced the launch of their strategic partnership under the name of…

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FinTech

Singapore Gulf Bank launches corporate banking services for global digital economy

November 5, 2024

Singapore Gulf Bank, the digital bank backed by Mumtalakat, the sovereign wealth fund of Bahrain, and privately-held investment group Whampoa…

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Executive Moves

Citi appoints new Head of UAE Citi Commercial Bank

November 5, 2024

Citi has announced the appointment of Vineet Vetts as Head of Citi Commercial Bank (CCB) for the United Arab Emirates,…

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