Saudi wealth fund starts company for Egypt investments
Saudi Arabia’s sovereign wealth fund has started a company that will invest in swathes of Egypt’s economy from infrastructure and…
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Alliott Global Alliance welcomes firms in Saudi Arabia and Egypt
Alliott Global Alliance has over the past months expanded its presence in the Middle East and North Africa with two…
First Abu Dhabi Bank selects IBM Consulting as digital partner
First Abu Dhabi Bank has selected IBM Consulting as a partner for digital transformation services. With total assets of…
Alvarez & Marsal launches new offices in Abu Dhabi and Riyadh
Global management consultancy Alvarez & Marsal has simultaneously launched two new offices in the Middle East, adding Riyadh and Abu…
Net zero transformation is a new paradigm for corporates
Net zero represents a new paradigm for corporates, bringing both threats and opportunities, write Hasan Shafi and Lucas Pedevilla from…
SABB appoints wealth management head
Saudi British Bank has named Bandar Al-Gheshayan as chief retail banking and wealth management officer. He will be responsible…
Northern Trust Asset Management Launches Quantitative ESG Strategy for EMEA and APAC Investors
Northern Trust Asset Management has expanded its suite of responsible quantitative investment solutions, with the launch of the NT World…
Forbes Middle East reveals the Middle East’s top 30 banks 2022
The 30 banks have a total market value of $586.6 billion and total assets worth $2.5 trillion. Saudi Arabia dominates…
Sisi appoints Mohamed Farid as acting Chairman of FRA for a year
President Abdel Fattah El-Sisi issued Resolution No. 353 of 2022 assigning Mohamed Farid Saleh to act as Chairman of the…
EDB approves $653m in finance during H1; up 418%
Emirates Development Bank mobilised AED2.4 billion ($653 million) in loans to the UAE’s industrial sector in the first half (H1)…
Gulf Business Machines strengthens leadership team, appoints new head for Dubai operations
Gulf Business Machines has announced the appointment of Ossama El Samadoni as General Manager for United Computer and Management Consultancy…
Saudi Insurance Committee announces date for sixth edition of Saudi Insurance Symposium
The Saudi General Insurance Committee has announced that the sixth Saudi Insurance Symposium — the largest gathering of Saudi, GCC…