Qatar’s banking sector sees growth in deposits and credit facilities
Qatar’s banking sector saw significant growth in July this year as commercial banks witnessed a surge in deposits and credit…
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Egypt's CIB appoints chairman Ezz al-Arab as CEO
Commercial International Bank (CIB), Egypt's biggest private bank, has appointed long-serving chairman and former CEO Hisham Ezz al-Arab as its…
Penthouse.ae closes record-breaking AED 125mln off-plan villa sale in Dubai
Penthouse.ae, powered by Metropolitan, a Dubai-based full-service real estate agency specializing in serving the needs of Ultra High Net Worth…
Saudi Arabia’s Sovereign Wealth Fund’s Big AI Bets Include Mistral And Databricks
The Middle Eastern kingdom’s sovereign wealth fund has become one of the world’s most important investors, doling out over $3…
Mubadala acquires stake in Revolut
UAE-based investor Mubadala has announced its decision to take a substantial stake in fintech firm Revolut via a share sale…
Ras Al Khaimah Transport Authority wins Middle East Technology Excellence Awards 2024
Government roads and transportation authority Ras Al Khaimah Transport Authority (RAKTA) received the prestigious Middle East Technology Excellence Awards 2024…
Record growth drives cost advantage of renewable power
With continuous costs decline, the socio-economic and environmental benefits of renewables are now uniquely compelling Renewables remain competitive despite fossil…
Santander Private Banking expands global presence with first regional headquarters in DIFC
As the private banking unit of Santander Group, one of the leading financial groups in the world, Santander Private Banking…
Gulf Capital Investment Company “InvestGB” partners with Avaloq
Hani AlAwadhi: “Our strategic partnership with Avaloq aligns perfectly with our commitment to innovation and our mission to deliver long-term…
NBK-Egypt signs cooperation protocol to provide equipment for Baheya Hospital new branch in Sheikh Zayed
El-Seyoufi: We aim to support the State’s endeavors to achieve the goals of Egypt’s Strategic Vision 2030 - NBK-Egypt…
Turkey’s central bank raises reserve ratios
The Turkish central bank said on September 21 that it was raising the reserve requirement ratios (RRRs) for lira deposits…
Commercial Bank issues Qatar's largest ever Green CHF-denominated bond following strong demand
Commercial Bank has successfully issued its inaugural Green Bond denominated in CHF (Swiss Franc). This is Commercial Bank’s debut…