How Abu Dhabi Fund’s first development project in Nigeria will serve the community
Abu Dhabi Fund for Development (Abu Dhabi Fund) has just signed an agreement with the Nigerian government to finance a…
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Ithmaar Bank reports $22mln net profit for 2022
Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a total net profit of BD8.34 million ($22 million) for FY…
Abu Dhabi’s FAB Hires Edmond de Rothschild Executive to Lead Private Bank
First Abu Dhabi Bank PJSC hired Michel Longhini from Edmond de Rothschild to lead its global private bank. Longhini…
AXA General Insurance Egypt welcomes Sameh Anas as the new Managing Director appointed by FRA
AXA General Insurance Egypt has received approval from the Financial Regulatory Authority on appointing Sameh Anas as its new Managing…
Al Baraka Group’s 2022 net profit increases by 52% to $239mln
Al Baraka Group has announced its financial results for the fourth quarter (“the quarter”) and twelve months ended 31 December…
Commercial International Bank – FMO and CIB Sign USD 50 mln Credit Guarantee to Support SME Customers in Egypt
Commercial International Bank has announced that they signed a credit guarantee agreement, worth USD 50 mn, to cover loans granted…
Riyad Bank goes live in the Kingdom of Saudi Arabia with the E-invoicing ZATCA integration; enabled by SunTec Xelerate
SunTec Business Solutions has announced that Riyad Bank, one of the largest financial institutions in the Kingdom of Saudi Arabia…
ADGM teams up with UAE digital lender Zand Bank to support SMEs
Abu Dhabi Global Market (ADGM), the UAE capital's financial hub, has partnered with Zand Bank, the digital lender licensed by…
Accenture commits to more women in UAE leadership positions
The UAE is making serious progress on gender equality with a focus on private sector partners. Accenture is among the…
Five steps to improve the odds of M&A integration success
In today’s uncertain and complex environment, successfully closing and integrating a deal can be a major challenge for dealmakers. Nicolas…
Gibson Dunn Continues Middle East Expansion with the Hire of Laleh Shahabi in Abu Dhabi
Gibson, Dunn & Crutcher LLP has announced the hire of banking and finance partner Laleh Shahabi, who will join the…
44% of employees in Egypt fear losing their jobs to AI
AI use is on the rise, which poses a risk to the existence of many jobs across regions. Recently the…