Kuwait’s Boubyan Bank net profits grow by 37%, plans ESG framework
Kuwait’s Boubyan Bank net profits rose by 37 percent during the first nine months of 2021 while operating profits recorded…
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Route to net zero emissions will cost global economy $5trln annually: Report
A report from Bank of America has warned reaching net zero will cost the global economy $5 trillion annually for…
Egypt to spend over $2bln to enhance internet efficiency, says minister
Egypt has started work on the third phase of its plan to enhance the efficiency of internet services in the…
Bahrain's Investcorp exits real estate investment in Germany
Bahrain’s Investcorp, which counts Abu Dhabi sovereign wealth fund Mubadala Development Co. as a major investor, has sold its long…
Digital change: the magic solution?
Digital change in itself is not the magic bullet that will explode into a ready-made future-proof solution for all your…
Emirates NBD: Q3 2021 net profit up 29% YoY to AED 7.3 billion
Emirates NBD's strong Q3 results, with net profit up 29% YoY, demonstrate financial resilience and the success of its diversified…
Western promise: European start-ups are luring Middle Eastern private equity
The last two years have been a challenging period for investors, not to mention people, companies and countries across Europe.…
FAB hires head of global transaction banking
First Abu Dhabi Bank (FAB) has named Sanjay Sethi as its new head of global transaction banking. Having started…
NBB announces shortlisted teams from Digital Banking Challenge
The National Bank of Bahrain (NBB) has announced the top 8 shortlisted teams participating in the NBB Digital Banking Challenge,…
Research reveals challenges of transition towards a greener carbon neutral world ahead of COP26
MUFG research released today suggests that the UN Climate Change Conference UK 2021 (COP26) could play a vital role in…
Emirates Islamic swings to $218mln net profit on lower impairment costs
Emirates Islamic’s earnings have rebounded on the back of higher non-funded income and lower impairment allowances. The Islamic lender…
Sidra Capital acquires landmark property facing Buckingham Palace
Sidra Capital has announced the expansion of its UK real estate holdings with the acquisition of No. 4-5 Buckingham Gate…