UAE, GCC embrace digitisation faster in Middle East
The UAE and Gulf countries are significantly embracing digitalisation while broader Middle East firms are still operating in the traditional…
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Contracts show Lebanon's central bank obscured recipients of commissions
For more than a decade, Lebanon's central bank charged commercial banks in the country commissions when they bought government securities…
Boursa Kuwait plans to list 8 family-owned firms to expand trading
Boursa Kuwait plans to list eight family-owned companies in an effort to expand trading, Boursa Kuwait CEO told Al Arabiya.…
Fintech Investments in Egypt Surged Over 300% in Past Year: Report
Ahmed Wadi, the Founder and CEO at MoneyFellows, a Cairo-based collaborative Group Lending and Savings Platform, says that he is…
Qatar's nominal GDP forecast at $203.9bn in 2023: Emirates NBD
Qatar's nominal GDP has been forecast at $203.9bn in 2023, according to Emirates NBD, which said both higher oil price…
Kamco Invest reports net profit
Revenues from fees and commissions increased by 34.3% to reach KWD20.2mln Kamco Invest has announced its financial results for the financial…
Abu Dhabi wealth fund bets on scientific approach using quant experts
Gathered together on a floor of the Abu Dhabi Investment Authority’s 40-storey headquarters, a group of physicists, academics and data…
Abu Dhabi records Dhs71.5bn of real estate transactions in 2021
Abu Dhabi has registered real estate transactions worth Dhs71.5bn in 2021, according to a report by the Department of Municipalities…
mSME enabling platform, Setup in Abu Dhabi, launched
Creative Zone, in collaboration with Abu Dhabi Department of Economic Development (ADDED) and 23 other government and private entities, has…
Jordan's Capital Bank acquires Societe Generale Bank Jordan
Jordan's Capital Bank agreed a deal on Thursday to acquire Societe Generale Bank Jordan (SGBJ), its chairman said, in its…
Abu Dhabi's Response Plus Holding posts $17.7mln net profit for 2021
Abu Dhabi’s Response Plus Holding has achieved a net profit of 65.01 million dirhams ($17.7 million) in 2021, a turnaround…
BHM Capital Financial Services records nearly AED 13mln net profit in 2021
BHM Capital Financial Services has announced a 125% increase in net profit in 2021 compared to 2020, which reached nearly…