Abu Dhabi’s IHC completes $2bn investment deal with Adani Group
Abu Dhabi’s International Holding Company has completed a Dh7.3 billion ($2bn) investment deal with India’s Adani Group that is led…
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Oman’s Islamic banking assets crosses RO6bn mark
Islamic banking is continuing to grow rapidly in Oman driven by growing awareness about Sharia’a-compliant products, strong retail demand and…
DIFX Cross Asset Digital Exchange grows to USD550mln in assets under management with FireBlocks
Digital Financial Exchange grows its assets under management from 5 million USD to 550 million USD after integration with award-winning…
EU Considers Blacklisting UAE After ‘Dubai Uncovered’ Leaks
Following revelations of how criminals, sanctioned Russian oligarchs, and corrupt officials are big property investors in Dubai, European Parliament members…
Gulf Steam: economies in the region gather pace
Key takeaways High oil prices should drive high single-digit growth in the main GCC economies this year, as well as…
Egypt seeks partnerships with US private sector for green investment boost
Egypt is seeking partnerships with the US private sector to boost green investments in the Arab world's third largest economy…
Qatar: Insurance sector in good stead in 1Q2022
Qatar's insurance companies witnessed robust growth in net premium, while their net claims declined steeply in the first quarter of…
Tamkeen signs deal with Bahrain's BBK to support private sector
Bahrain’s Labour Fund has signed a new strategic partnership agreement with the Bank of Bahrain and Kuwait to provide financing…
Interview: Singapore-based robo-advisory firm StashAway eyes MENA expansion
More than 40 percent of wealth in the MENA region is still held in cash at banks, and to Ramzi…
Amethis, EBRD and SPE Capital acquire GlobalCorp
A consortium of investors made up of Amethis, the European Bank for Reconstruction and Development (EBRD) and SPE AIF I,…
FinaMaze announces appointment of business development manager in line with growth and expansion efforts
FinaMaze has announced the appointment of Harriet Yorston as its Senior Business Development Manager. Her appointment comes into effect from…
EG Bank's standalone profits rise 24% in Q1-22
The Egyptian Gulf Bank reported a 24% year-on-year rise in its standalone net profits to EGP 197.4 million in the…