Saudi Investment Bank shares jump 2% as it declares $80m dividends for H1
Shares of the Saudi Investment Bank, known as SAIB, surged over 2 percent after it declared cash dividends of SR300…
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Markaz report forecasts positive outlook for Kuwait real estate sector after modest rebound in H1 2022
Kuwait Financial Centre “Markaz” revealed in its ‘Kuwait Real Estate H2 2022 Outlook’ report that the country’s real estate sector…
National Bank of Bahrain signs an extended partnership with Mastercard
The National Bank of Bahrain (NBB), and global technology company Mastercard have announced a strategic seven-year partnership to elevate their…
Abu Dhabi records over AED 22.5bln total of real estate transactions in first half of 2022
As per the latest report released by the Department of Municipalities and Transport (DMT), Abu Dhabi's real estate market sustained…
Ahlibank’s Imtiyaz account: Modern banking for the modern customer
The customer is at the center of product innovation at ahlibank. It is this customer-first approach that has led the…
Boursa Kuwait crowned Most Sustainable Company in the Financial Services Industry by World Finance
Boursa Kuwait has been awarded the title of ‘Most Sustainable Company in the Financial Services Industry’ by World Finance magazine,…
EFG Hermes successfully concludes advisory on Orascom Development Egypt’s flagship project “O West” EGP1.5bln financing
Orascom Development Egypt (ODE) announced today that its subsidiary Orascom for Real Estate S.A.E (ORE), has signed EGP 1.5 billion…
QNB launches direct remittance service to Philippines through RippleNet
QNB, the largest financial institution in the Middle East and Africa, has launched Direct Remittance service for money transfers from…
Luxury stores hold premium space in Middle East retail sector
The luxury retail industry has emerged from the pandemic crisis stronger and more dynamic than ever, and the Middle East…
Kuwait sovereign wealth fund fires head of London office
The head of the Kuwait Investment Authority’s London office has been fired with immediate effect following a period of turbulence…
Watch: On gold imports, UAE to bring tough rules on sourcing
The UAE is bringing in new rules related to the sourcing of gold into the country, further cutting down any…
Bank Leumi marks Israeli first with re-energised buyside
Bank Leumi proved demand on Wednesday for high-rated CEEMEA credit risk with a US$500m five-year note that was the first…