Deutsche Bank blames client in $565m false sales lawsuit
Deutsche Bank AG turned the blame on an ex-client for crippling losses it suffered investing in risky foreign exchange derivatives…
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Align executive compensation to the post-pandemic world
The Covid-19 crisis is reshaping the way companies operate and remunerate their leaders and employees. Christopher Page and Paul…
Roland Berger promotes Pierre Samaties to partner
A year after joining Roland Berger as a Senior Advisor, Pierre Samaties has now been admitted into the firm’s partnership.…
Alvarez & Marsal promotes Cam Coles in Dubai
Global consulting firm Alvarez & Marsal has promoted Dubai-based team member Cam Coles to Managing Director. A member of…
Saudi fintech Lean raises $33 million
Lean Technologies, a Saudi fintech firm whose founders include the son of the kingdom’s former oil minister, Khalid Al-Falih, has…
E-Trader licence records 6% growth during 2021
The e-Trader licence, launched by the Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET),…
Al Rajhi Bank Malaysia Selects Thought Machine to Build a State-Of-The-Art Islamic Digital Bank
Al Rajhi Bank Malaysia (ARBM), a wholly-owned subsidiary of the world's largest Islamic bank by assets, Al Rajhi Bank of…
Crypto platform Rain secures in-principle approval for FSP from UAE's ADGB
Cryptocurrency platform Rain has received in-principle approval for financial services permission (FSP) from Abu Dhabi Global Market (ADGB), which if…
Bahrain's CoinMENA obtains second cryptocurrency license from European Union paving the way for expansion to new jurisdictions
Bahrain-headquartered onshore crypto assets exchange, CoinMENA Holding LTD, has obtained a second cryptocurrency license from the European Union. CoinMENA…
National Bank of Fujairah PJSC 2021 net profit surges 124.2%
Strong capital adequacy, ample liquidity and sound improvement in asset quality enabled enhanced returns and strong recovery NBF has announced…
Kuwait's parliament approves Credit Bank capital hike
Kuwait's parliament on Tuesday unanimously approved a legislative amendment to increase by 300 million dinars ($993.31 million) the capital of…
Standard Chartered to open 1st branch in Cairo next September: CBE
Gamal Negm, Deputy Governor of the Central Bank of Egypt (CBE), stated on Monday that the British bank Standard Chartered…