Ajman Bank AED 550mln rights issue oversubscribed 7.4 times
Ajman Bank’s AED 550 million Rights Issue saw an overwhelming response indicating oversubscription of 7.4 times, with a total demand…
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UAE: Ministry of Finance announces strategic plan for 2023-2026
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, has…
Investment in Qatar’s realty market a great strategic move
Investing in the real estate sector of the country is a “great strategic move” explained an industry expert highlighting the…
Central Bank of Egypt to decide EGP rate Thursday amid expectations of ‘no change’ for third consecutive time
The Monetary Policy Committee of the Central Bank of Egypt will hold its fifth periodic meeting in the current year…
Saudi's SAMA awarded ISO Certificate for quality management system in legal services
The General Department of Legal Affairs at the Saudi Central Bank has been awarded the “ISO 9001:2015 certificate for quality…
Dubai office space demand surges 23% in H1 with prime locations growing in popularity
Office space demand in Dubai surged by nearly a quarter in the first half of 2023, an “unprecedented spike” led…
Kuwait International Bank launches online corporate banking
Kuwait International Bank has unveiled its new corporate online banking platform to augment its modern banking suite. With this…
Qatar’s banking sector total assets up 1.4% MoM in June
Qatar’s banking sector total assets increased 1.4% MoM (up 0.05% in 2023) in June 2023 to reach QR1.906 trillion. …
Arthur D. Little boosts Middle East leadership team with strategic hires
Arthur D. Little has signalled its intent in the Middle East with the hire of four new executives across its…
Sukuk pricing remains similar to bonds in H1 2023
The pricing of most sukuk and comparable bonds continued to be similar and highly correlated in the first half of…
Metropolitan Group ranks sixth on the Best Workplaces in the Middle East list
Metropolitan Group, a leading real estate group in the UAE, was recognized as the sixth Best Workplace™ in 2023 in…
Nomura to hire over 40 private bankers in Asia, Middle East – senior exec
Nomura Holdings plans to hire more than 40 private bankers in Asia and the Middle East in two years to…