IsDB chief vows to support private sector in member states
Since its establishment over 30 years ago, the Islamic Development Bank has supported its member states with $151 million in…
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PIF set to have $2 trillion in assets under management by 2030: report
Saudi Arabia’s Public Investment Fund is poised to reach $2 trillion in assets under management by 2030, propelling it from…
BankDhofar launches the innovative Samsung Pay from Samsung Transforming shopping experience
BankDhofar is proud to announce the launch of Samsung Wallet, an innovative digital mobile payment solution designed to make shopping…
Arab Bank Group Q1 profit income rises to $253m
Arab Bank Group has reported solid results for the first quarter with a 17% jump in its net income after…
Alkhabeer Capital launches IPO of its traded fund unit
Alkhabeer Capital, a prominent asset manager specialising in shari’a-compliant investments, financial services and brokerage services, today (April 28) announced the…
2024 EY Global Wealth Management Industry Report
Over the last two decades, the key question facing wealth management1 executives was “where to play?” Our engagement with industry…
LIBF and TFA Collaborate to Launch Internationally Recognised Certifications in Banking and Trade Finance in Saudi Arabia
The London Institute of Banking & Finance is proud to announce its collaboration with The Financial Academy, the leading banking…
Saudi fund PIF's managed assets hit $749bln in 2023
Saudi Arabian sovereign wealth fund PIF's managed assets reached 2.81 trillion riyals ($749.2 billion) in 2023, state news agency SPA…
ADCB logs 26% net profit growth in Q1 2024
Abu Dhabi Commercial Bank PJSC today reported its financial results for the first quarter of 2024 (Q1’24). ADCB has…
SHUAA Capital chairman steps down after nearly five years
The chairman of SHUAA Capital has stepped down from his role after nearly five years, departing at the end of…
Investcorp announces $1bn GCC fund along with China’s CIC
Investcorp, a global alternative investment firm and China Investment Corporation (CIC), among the world’s largest sovereign wealth funds, have teamed…
UAE, Kenya join hands to boost digital cooperation
In a significant move to drive technological advancement and digital cooperation, the Ministry of Investment of the UAE and the…