UAE puts consumer rights as high priority as Central Bank opens 'Sanadak' ombudsman unit
UAE’s focus on consumer rights has taken another major step, with the full-scale launch of a new unit under the…
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Middle East Investment Panorama Report Unveils Booming Wealth Management Industry in GCC
The wealth management sector in the Gulf Cooperation Council (GCC) region is experiencing substantial growth and optimism, driven by an…
Qatar Central Bank to enable instant payments with new Fawran service
The central bank says the service, called Fawran, will enable users to send and receive funds instantly while offering round-the-clock…
UAE start-ups lead MENA fundraisings with $65mln raised in February
Start-ups in the UAE continue to dominate fundraisings in the Middle East and North Africa (MENA), with over $65 million…
GFH Financial in talks to acquire Ithmaar Holding’s investment portfolios
Bahrain-based investment firm GFH Financial Group is looking to acquire the financing and investment portfolios of financial services firm Ithmaar…
Kuwaiti Wealth Fund Set for Banner Year After Bet on US Equities
The Kuwait Investment Authority, which manages more than $800 billion in government funds, is poised for one of its best…
Tech investments approach $13bn on Day 2 at LEAP 2024
LEAP 2024, among one of the world’s most attended technology exhibitions, continued its momentum by announcing a new wave of…
Gold finally clears $2,150 an ounce for new high as part of 3-day price surge
Gold price finally broke through to a new record, of $2,159 an ounce, as part of a 3-day surge as…
Commercial Bank of Dubai elects Ahmad Abdulkarim Julfar as chairman of board of directors
The board of directors of Commercial Bank of Dubai have elected Ahmad Abdulkarim Mohammad Julfar as its new Chairman, the…
Citigroup Strategizes Family Office Engagement in Middle East for Wealth Management Expansion
In a strategic move to bolster its wealth management portfolio, Citigroup's top investment bankers are setting their sights on family…
Bahrain FinTech Bay and Qatar Financial Center Authority Join Forces to Support Startups
Bahrain FinTech Bay, the fintech ecosystem builder, has signed a memorandum of understanding with the Qatar Financial Center Authority, the…
Saudi attracts $888mln in investments through tech event LEAP
Saudi Arabia has attracted $888 million in investment deals through the international technology conference LEAP 24. The investments include…