Oman's Ahli Bank mulls offer from Ominvest to acquire entire share capital
Oman's Ahli Bank is considering a letter of intent it received from Oman International Development & Investment S.A.O.G (Ominvest), to…
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Businesses prioritize unification and automation of cybersecurity estates
Organizations across the Middle East have realized that investing in multiple security tools without any integration leads to an ineffective…
Jersey Private Funds & the Middle East
Over the course of the last few years, Ocorian’s award-wining Family Office team has seen the demand from family offices…
Gen Z found to be the worst culprits for data hoarding in UAE
Veritas survey finds younger adults are unwittingly, by not closing down their dormant online accounts, contributing to the significant levels…
UAE banks improve customer sentiment by seven percentage points: KPMG report
Service complaints due to slow turnaround time and staff competency drove down operational performance for most banks Dubai, UAE: Banks…
Dukhan Bank wins four accolades at MENA Banking Excellence Award 2023
In recognition of its excellence in private banking services and innovative digital banking solutions, Middle East Economic Digest has honoured…
Saudi Arabia selling two-tranche dollar sukuk
Saudi Arabia returned to the debt markets on Monday for the second time this year, offering dollar Islamic bonds with…
The Family Office named best user experience solution provider in MEA Finance Banking Technology Awards 2023
During the MEA Finance Banking Technology Awards 2023 ceremony in Dubai on 11 May 2023, The Family Office was named…
Saudi’s Arab National Bank to invest $38 million in Iraq to set up new bank
The Arab National Bank will invest $38.2 million, representing a 20 percent share, in setting up the ‘Arab Bank of…
Dubai’s luxury residential market forecast to grow 13.5% in 2023 amid higher demand
Dubai's luxury residential market is projected to record the highest growth rate for any prime market globally, at 13.5 per…
Khalifa Fund signs an MoU with Wio Bank
Khalifa Fund for Enterprise Development has signed a Memorandum of Understanding with Wio Bank PJSC – the region’s first platform…
Al Baraka Bank-Egypt records higher net profits in Q1-23
The consolidated net profit after tax of Al Baraka Bank-Egypt hit EGP 445.68 million in the first quarter (Q1) of…