$30mln financing boost for Egyptian SMEs: ICD, Banque Misr sign letter of intent
The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) group,…
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EFG Hermes, SAB Invest among firms to shine at Saudi Capital Market Awards
SNB Capital and ADES Holding Co., with a $1.2 billion initial public offering, were among the top companies to shine…
Egypt banks awash in local pounds chasing scarce foreign currency
Egyptian banks have been inundated with excess Egyptian pounds over the last few weeks, central bank data shows, the result…
Six Egyptian Startups And One From Middle East At The Shortlisted Of Underdog Award
inDrive, a global mobility and urban services platform, announces reach six Egyptian startups from different tech sectors to the shortlisted…
Ex-Aon Bermuda executive to lead new M&A practice at Gallagher
A former Aon Bermuda executive has been hired by Gallagher to launch an M&A practice in the Middle East &…
Saudi Arabia’s Civil Code: exceptional unforeseen circumstances and reallocation of risk in construction contracts
Consistent with other civil law codes in the region, Saudi Arabia’s Civil Transactions Law (Civil Code) provides parties with various…
ADIB eases cross-border payments with ProgressSoft
Abu Dhabi Islamic Bank, a leading financial institution, announced the successful launch of a new payment hub that allows customers…
Al Mahhar Holding Company posts revenue growth of 20% to QR683.2m in 2023
Al Mahhar Holding Company, one of the leading service and specialized products providers to the energy and infrastructure sectors in…
UAE and Qatar lead in GCC banking sentiment index
First-ever GCC banking sentiment index reveals UAE and Qatar banks lead regional Reputational Net Sentiment Reputational Net Sentiment was spearheaded…
Mashreq announces appointment of Alsalt Mohammed Al Kharusi as Country Head of Oman
Mashreq, one of the leading financial institutions in the MENA region, which is currently working on the formation of its…
Maisarah Islamic Banking Services rebrands to Dhofar Islamic
Maisarah Islamic Banking Services, a leading financial institution dedicated to providing Sharia-compliant banking solutions, is proud to announce the unveiling…
KPMG and DataEQ’s first GCC banking consumer sentiment index reveals Qatar as leader in regional Net Consumer Sentiment
KPMG has collaborated with DataEQ on the region’s first-ever banking consumer sentiment index, designed to quantify the experiences and sentiments…