Newgen launches trade finance platform in the Middle East
Newgen Software Technologies Ltd. has launched its trade finance platform in the Middle East. Banks and financial companies from…
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Bank AlJazira and Cultural Development Fund sign landmark agreement
Bank AlJazira has established a strategic partnership with the Cultural Development Fund, to support the growth and sustainability of cultural…
Bank Nizwa’s Business Account unlocks business potential & drives growth
Solidifying its position as the most-trusted banking partner to the SME sector, Bank Nizwa, the Sultanate of Oman’s leading Islamic…
Former executive sues SHUAA Capital for $6mln in ‘unpaid labour dues’
A former executive of SHUAA Capital is suing the entity for labour dues of AED 22 million ($6 million). …
Nomura Unveils Hiring Plans for Wealth Management
Japan’s Nomura unveiled plans to hire private bankers in Asia and the Middle East. Nomura will add 30 to…
EFG Hermes introduces streamlined custody arrangement and asset servicing arrangement services across 40 markets
EFG Hermes, an EFG Holding company, and the leading investment bank in the Middle East and North Africa (MENA) region,…
Alvarez & Marsal Taps Two Barclays Dubai Bankers for Financials M&A
Alvarez & Marsal Inc. has hired two dealmakers from Barclays Plc in Dubai, as the firm better known for its…
Dubai Financial Services Authority approves 61 new firms in H1
DFSA’s efforts have also bolstered the growth of the capital markets within the DIFC, which remains the world’s largest market…
Saxo Bank reports 35% growth: Strong performance highlights H1 2024 results
During 2024, the Saxo Bank Group rolled out a new competitive pricing structure that lowers costs for clients as well…
Saudi Arabia, Poland set up business council to strengthen economic ties
Saudi Arabia and Poland have established a joint business council for the 2024-2028 term to boost trade and investment between…
Arab African International Bank reports $156mln net profit in H1 2024
The bank’s strong performance has placed it back into the double-digit zone of return on equity Arab African International…
Residential transaction volume surges by 35% in Q2 2024
The residential sales in Qatar created a positive impact in the months from April to June this year as the…