Uncategorized Archives - Page 551 of 3971 - Managers of Wealth Middle East

Capital Bank of Jordan : Group Amongst Middle East's 50 Largest Banks in 2023 in Terms of Market Value

April 18, 2023

This ranking reflects the success of the group's strategy and ambitious plans for horizontal and regional expansion. According to…

FinTech

574 cybercrime cases in Sharjah during 2022

April 17, 2023

As many as 574 cybercrime cases were recorded in Sharjah last year, according to statistics released by police during annual…

Executive Moves

Burgan Bank appoints Mr. Tony Daher as new GCEO

April 17, 2023

Burgan Bank has announced the appointment of Mr. Tony Daher as its new Group Chief Executive Officer (GCEO) after obtaining…

Comment & Analysis

KPMG in Kuwait publishes infrastructure report; illustrates current state and challenges in the sector

April 17, 2023

With infrastructure development continuing to be one of Kuwait’s primary focus areas, KPMG in Kuwait published its latest infrastructure report. …

Comment & Analysis

Qatar’s annual inflation surges 4.01% in March 2023

April 17, 2023

Qatar’s inflation surged by 4.01 percent year-on-year in March, as a result of a rise of prices across eight categories,…

Market Forecasts

Standard Chartered: Qatar economic growth forecasted to be highest in Gulf

April 17, 2023

Temporary growth slowdown “not worrisome” Standard Chartered announced today its Africa and Middle East macroeconomic report for Q2 2023, which…

Hedge Funds & Alternative Investments

Saudi Arabia transfers more Aramco oil shares to wealth fund

April 17, 2023

Saudi Arabia has put a second four-percent chunk of shares of the Aramco energy giant, worth tens of billions of…

Legal

Dubai Court orders KPMG to pay investors $231m over Abraaj fund audit

April 17, 2023

A Dubai court has ordered KPMG Lower Gulf to pay more than $231 million to a group of investors who…

Hedge Funds & Alternative Investments

Mubadala commits to invest $2.5bn in clean fuel in Brazil

April 17, 2023

Abu Dhabi’s Mubadala Capital plans to invest $2.4bn (BRL12bn) over 10 years to build a green diesel and sustainable aviation…

Hedge Funds & Alternative Investments

UAE property developer DAMAC plans 3-year US dollar Islamic bond – document

April 14, 2023

Property developer DAMAC Real Estate Ltd (DAMAC) has mandated banks to arrange investor meetings ahead of a potential three-year U.S.…

Regulation, Risk & Compliance

MENA economies to expand at a slower pace in 2023 – IMF

April 14, 2023

Growth in the Middle East and North Africa (MENA) economies is projected to slow to 3.1% this year, from 5.3%…

Financial Results

Qatar: Dukhan Bank AGM approves 16% cash dividend for 2022

April 14, 2023

The shareholders of the newly-listed Dukhan Bank have approved 16% cash dividend for 2022. At the annual general assembly…

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