Uncategorized

Legal

Addleshaw Goddard advises Effecta Compliance on sale of UAE & UK Businesses to ACA Group

October 28, 2024

The Dubai office of law firm Addleshaw Goddard has advised the founders of a leading regulatory consultancy business, Effecta Compliance…

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Executive Moves

United Hospitality Management appoints Alban Mabille de Poncheville as head of business development for Middle East and Africa

October 28, 2024

United Hospitality Management (UHM), a global leader in hospitality management with over 30 years of luxury expertise, has appointed Alban…

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Environment and Sustainable Investments

The path to sustainable business through ESG compliance

October 28, 2024

The UAE is witnessing a rapid transformation of its economy – and at the same time, an emphasis on the…

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Comment & Analysis

Difficult task of digital transformation: Developing banking ecosystems of the future

October 28, 2024

The banking sector is one of the more experienced in technology-based business development. The first wave of digitisation gave us…

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Uncategorized

DIFC foundations: a unique private wealth structuring proposition

October 25, 2024

Achieving the multi-fold objectives of asset protection, wealth preservation, succession planning and tax efficiency through a flexible and cost-efficient structure…

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Retail Banking

Emirates NBD and Partior team to redefine cross border payments

October 25, 2024

Emirates NBD, a banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has entered into a strategic…

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Financial Results

CBI reports record net profit before tax of AED 254mln, up 81%

October 25, 2024

Commercial Bank International PJSC has announced exceptionally strong financial results for the period ended 30 September 2024, underscoring the Bank’s…

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Hedge Funds & Alternative Investments

KSA headquartered invygo secures $8mln from STV and existing investors

October 25, 2024

Existing investors Al Rajhi Partners, Arab Bank Ventures, SPV, MEVP, and C5 double down on invygo with additional investments Achievement…

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Executive Moves

Alba welcomes Fahad Danish as new Chief Human Resources Officer

October 25, 2024

Aluminium Bahrain  has announced the appointment of Fahad Mohamed Abdulla Danish as its new Chief Human Resources Officer  effective 27…

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Regulation, Risk & Compliance

UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE

October 25, 2024

UAE banks provided 81.2 billion dirhams ($22.1 billion) in loans and financial facilities to small and medium-sized enterprises by the…

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Hedge Funds & Alternative Investments

Egypt: PFI Asset Management to run GIG Insurance’s funds

October 25, 2024

PFI Asset Management, a subsidiary of Post for Investment, has contracted to manage two GIG Insurance Company funds, namely the…

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Retail Banking

UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE

October 25, 2024

SMEs are a critical component of the UAE’s economy, accounting for over 95% of all enterprises and employing 86% of…

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