QIB nine-month net profit rises 13.9% to QR2.52bn
The bank’s total assets stood at QR186bn, up 6.7% on December and 9.4% compared to September 2020 QIB posted…
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Doha Bank’s Doha Pay Wallet wins ‘Best Digital Wallet App’ award
Doha Bank’s mobile wallet – Doha Pay bags the “Best Digital Wallet App” award by Global Business Review Magazine. This…
Dubai’s Mashreq Bank scores a regional first with new API portal for businesses
The UAE based Mashreq Bank has launched an active Application Programming Interface (API) developer portal, allowing developers to consume Mashreq’s…
Abu Dhabi's Mubadala Capital leads Huboo Fulfilment's $82mln funding round
Mubadala Capital, an asset management subsidiary of Abu Dhabi's sovereign investor Mubadala led a Series B funding round in Huboo…
Qatari delegation takes part in World Bank Group, IMF meetings
Minister of Commerce and Industry and Acting Minister of Finance H E Ali bin Ahmed Al Kuwari is leading the…
Perpetua Investment Group names Gilles Aupin as COO
Perpetua Investment Group, an alternative investment company headquartered in Dubai, announced that Gilles Aupin has joined the firm as Chief…
GFH to buy 100% of Khaleeji Commercial Bank to boost its portfolio
GFH Financial Group, an investment bank based in Bahrain, plans to acquire 100 per cent of Khaleeji Commercial Bank (KHCB)…
SABB’s international remittances grow by over 50%
The value of international remittances executed through SABB’s digital channels up to August 2021 grew by more than 50 percent,…
Selfridges’ owners in talks with Qatar about potential £4bn sale
Selfridges’ billionaire owners are in talks with Qatar about a potential £4billion sale that would see the world-famous department store…
Inflation Taxing Bond Investors
• Bond market appears to be discarding the transitory narrative in favour of a high inflation outcome • Equities, nevertheless,…
ADIB appoints veteran banker Chief Risk Officer
Abu Dhabi Islamic Bank has announced the appointment of Faisal Abu Shaar as the bank’s new Chief Risk Officer. …
Mashreq Bank signs partnership with Visa to support e-payments, digital solutions
Mashreq Bank Egypt has announced a strategic long-term partnership with Visa, the world’s leader in digital payments technology to support…