Dubai Financial Services Authority Enacts New Regime for Credit Funds
The Dubai Financial Services Authority has implemented a new regime for credit funds, which comes into force on June 1,…
Uncategorized
47651 articles found
Sheikh Maktoum meets HSBC Holdings chairman in Dubai
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, on…
Tarabut Gateway signs deals with four banks in Saudi Arabia
Tarabut Gateway, one of the largest banking platforms in the Middle East and North Africa region, has secured four key…
Clayton D’Costa joins Portas Consulting as Head of Major Events
Portas Consulting, a sport-focused management consulting firm, has welcomed Clayton D’Costa to its team. Based in the UAE, Clayton…
"I will also be focused on furthering our footprint into the non-super sector, including the insurance, endowment and the emerging institutional sectors."
A new IBM Institute for Business Value (IBV) study* revealed that sustainability is rising higher on corporate agendas, and CEOs…
Ahlibank wins ‘Excellence in Corporate Banking’ Award at the New Age Banking Summit
ahlibank won the prestigious ‘Excellence in Corporate Banking’ Award at the recently concluded Oman Banking & Finance Awards ceremony that…
ICD bounces back with Dh10.1 billion in profit
The state-owned Investment Corporation of Dubai returned to a full-year profit in 2021, rebounding from a pandemic-induced $5.15 billion loss.…
CIB discusses advancing sustainable finance in Egypt and the road to COP 27 in ‘Net Zero Delivery Summit’
Egypt’s first and leading private bank — was invited to participate in a session titled ‘The Road to the COP…
Fitch Affirms SAIB at 'BBB+'; Outlook Positive
Fitch Ratings has affirmed The Saudi Investment Bank's (SAIB)Long-Term Issuer Default Rating (IDR) at 'BBB+' with Positive Outlook. Fitch has…
Dubai Billionaire Sajwani Buys Bankrupt Swiss Diamond Jeweler
Billionaire Hussain Sajwani’s Damac Group has purchased De Grisogono SA, a Swiss luxury jeweler that filed for bankruptcy early 2020,…
Money can’t buy happiness…but Cloud can
Back in 2018, Cisco predicted that 94% of business workloads would be cloud-based by 2022. And while we cannot safely…
The Middle East Leads a Winning Streak in Asset Management, with Retail AuM Shaping Growth in the Region
The asset management industry continued its unprecedented growth trajectory in 2021, with the Middle East’s Assets under Management (AuM) rising…