WhatsApp services down for thousands of users
WhatsApp, the popular instant communication app owned by Meta, is reportedly facing an issue. Users in the UAE and many…
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Mashreq Bank Q3 profit jumps to $326.7mln
Dubai-listed Mashreq Bank has reported a profit of AED 1.2 billion ($326.7 million) for the third quarter of 2022, up…
Gibson Dunn Expands in the Middle East with Addition of Corporate Partner Marwan Elaraby
Marwan Elaraby has joined Gibson, Dunn & Crutcher LLP as a partner based in the Dubai office. Elaraby joins…
Abu Dhabi Commercial Bank reports record quarterly net profit of $433mln
Abu Dhabi Commercial Bank PJSC has reported its financial results for the third quarter of 2022 (Q3’22). Solid earnings growth…
Al Mal Capital scoops the award for the Best Regional Asset Management Firm for HNWI’s
Al Mal Capital PSC was awarded the Best Regional Asset Management Firm for High-Net-Worth Individuals (HNWI’s) by the MEA Finance…
Saudi PIF launches Regional Voluntary Carbon Market Co. with $133m capital
Saudi Arabia’s Public Investment Fund has announced the launch of the Regional Voluntary Carbon Market Co. in collaboration with Tadawul…
Dubai traces a digital path towards a smart future
The Dubai Digital Authority (Digital Dubai) is a recognition of the power of data to improve lives and create economic…
Investment firm Rothschild officially enters Saudi Arabia with two key appointments: Bloomberg
Financial investment and advisory firm Rothschild & Co. has officially entered Saudi Arabia by making two key appointments, as it…
European investor M7 opens first Middle East office in Dubai
M7 Real Estate, a pan-European investor and asset manager owned by Oxford Properties, has opened its first office in the…
Dubai Court declares Arabtec bankrupt, approves liquidation of its assets
Dubai Courts declared Arabtec Holding Company bankrupt and approved the liquidation of its assets in a final ruling on Monday.…
JPMorgan set to hire 20 more bankers in Saudi Arabia expansion
JPMorgan Chase & Co. is set to add another 20 people to its Saudi Arabia operation by the end of…
Dubai Islamic Bank Nine Months 2022 Group Financial Results
Significant increase in profitability of 34% YoY to reach to AED 4.1 billion, highest ever nine-month performance in history. Considerable…