Franklin Templeton names EMEA head of insurance
Franklin Templeton has appointed Heneg Parthenay as head of insurance EMEA. Based in London, Parthenay reports to Matthew Williams, head…
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Total of EGP 2.5bn paid in insurance from April to June 2022: FRA
The Financial Regulatory Authority (FRA) revealed that a total of EGP 2.5bn was paid in property and liability insurance from…
Codebase Technologies wins “Best Islamic finance solutions provider”
Codebase Technologies, one of the world's leading Open API banking solutions fintechs, was awarded "Best Islamic Finance Solutions Provider" at…
EKP announces merger
Despite the downtrend in today’s legal market, EKP is pleased to announce that Walid Merhej Law Firm has merged into…
Network International selected as payment and technology partner
Network International (Network) has been selected as payment and technology partner for one of the leading Sudanese banks in the…
Middle East automotive sector sees blockchain first in trade finance
HSBC has successfully executed a blockchain-enabled, trade finance transaction between Chinese car manufacturer, SAIC Motor and the Taajeer Group, Saudi…
Lazard hires Sarah Al-Suhaimi to chair Lazard’s Middle East and North Africa investment banking business
Lazard Ltd has announced that the firm has hired Sarah Al-Suhaimi as Chair of Lazard’s Financial Advisory business in the…
Al Namaa opens investment avenues for ahli Islamic depositors
With an expected return rate of up to 3.54% per annum, ahli Islamic is opening investment avenues for depositors with…
Oman sovereign fund woos foreign investors as part of diversification push
Oman Investment Authority is leading a shake-up of the country’s state-dominated industries, bringing greater scrutiny to the performance of government-run…
UAE, GCC central banks likely to hike interest rates again in the coming week
Borrowing cost is set to rise in the UAE and other Gulf countries in the coming week as the US…
Saudi Arabia’s inflation ‘within reasonable levels:’ SAMA
Dr. Fahd Al-Mubarak, governor of the Saudi Central Bank (SAMA), said that inflation levels in Saudi Arabia are still within…
Tunisia expects deal on IMF loan in weeks, central bank governor says
Tunisia expects to reach a deal with the International Monetary Fund in coming weeks on a loan of between $2bn…