Uncategorized Archives - Page 583 of 3971 - Managers of Wealth Middle East

Eton Solutions selects Singapore for its International Headquarters and launches new Administrative Family Office Solution to support clients in the Middle East

February 14, 2023

Eton Solutions has announced the launch of its Administrative Family Office solution and the establishment of its international headquarters in…

Hedge Funds & Alternative Investments

Dubai WGS 2023 update: World needs about $1trln annually to exert energy transition

February 14, 2023

Makhtar Diop, Managing Director of the International Finance Corporation, called on world leaders and heads of government to cooperate in…

Hedge Funds & Alternative Investments

Empower's 2022 net income climbs 7% on revenue boost

February 14, 2023

Emirates Central Cooling Systems Corporation, better known as Empower, has reported an increase of about 7 per cent in its…

Hedge Funds & Alternative Investments

Oman's Abraj Energy to raise up to $244mln in IPO; Saudi PIF among anchor investors

February 14, 2023

Oman's Abraj Energy Services SAOC, a fully owned oil drilling unit of state energy company OQ, on Tuesday said it…

Retail Banking

RAKBANK records net profit rise of 53.4% to Dhs1.16bn in 2022

February 14, 2023

The National Bank of Ras Al Khaimah has announced its financial results for FY 2022 and Q4 2022. RAKBANK…

FinTech

UAE to build CBDC and card scheme

February 14, 2023

The United Arab Emirates is planning to launch a CBDC and domestic card scheme as part of a wide-ranging financial…

Islamic Finance

Dubai Islamic Bank successfully prices $1bn sustainable sukuk, its second so far

February 14, 2023

Dubai Islamic Bank has successfully priced its second sustainable sukuk – a $1bn 5.5-year senior issue with a profit rate…

Environment and Sustainable Investments

Saudi Tadawul Group signs deal to implement ESG framework in capital market

February 14, 2023

The operator of the Saudi stock market, Saudi Tadawul Group, has signed a trilateral memorandum of understanding with the Ministry…

Hedge Funds & Alternative Investments

UAE provides loans, development aid worth $69.48bln in 10 years

February 13, 2023

The UAE has provided loans and development aid to the tune of Dh255.5 billion to developing nations from 2012 to…

Financial Results

Bank ABC 2022 attributable net profit soars 55pc to $154m

February 13, 2023

Bank ABC (Arab Banking Corporation) has seen its headline net profit attributable to shareholders of the parent company soar 54%…

Hedge Funds & Alternative Investments

RAK Properties reports AED408mln revenues for 2022

February 13, 2023

RAK Properties PJSC, the largest listed property developer in Ras Al Khaimah, on Sunday 12 February reported annual revenue of…

Hedge Funds & Alternative Investments

Boursa Kuwait increases its net profit by 13.3% to reach KD 18mln for 2022

February 13, 2023

In a meeting of its Board of Directors on Sunday, February 12, 2023, Boursa Kuwait announced that it has recorded…

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