Best's market segment report: Profits and capital rebound for listed insurers in UAE
For the listed insurance market in the United Arab Emirates (UAE), the first half of 2021 has been marked by…
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Shuaa ex-deputy CEO eyes $1.3bn target with new asset management firm
The region’s asset management industry has grown by 11 percent, from $1.1 trillion of assets under management (AUM) in 2019…
Dubai's Gulf Islamic Investments to acquire stake in Saudi healthcare firm
Dubai-based Gulf Islamic Investments (GII) will acquire a stake in a healthcare company in Saudi Arabia for $600 million as…
Dubai's Emaar hires Emirates NBD for sale of e-commerce business Namshi – sources
Dubai's Emaar has picked Emirates NBD to advise it on the sale of fashion e-commerce business Namshi, sources said. …
Mashreq, DAFZA sign MoU to boost SME growth
Mashreq Bank has signed a Memorandum of Understanding (MoU) with Dubai Airport Freezone Authority (DAFZA) to support and grow the…
IsDB Institute wins 'Best Islamic Research & Development' award for 2021
The Islamic Development Bank Institute (IsDBI) has gained yet another recognition by winning the ‘Best Islamic Research & Development Award’…
Montfort Group enters East African market by acquiring Kencor Petroleum Limited in Kenya
Montfort Group announced the complete acquisition of Kencor Petroleum Limited (Kencor), an oil marketing company based in Nairobi, Kenya, that…
MENA-specific wealth management platform caters to digital native asset holders
The platform has been developed to meet the rapidly expanding needs of the Middle East's digital native wealth owners, marking…
Egypt accounts for EGP 347bn of global Islamic banking of $2.7trn: Finance Ministry
The first Arab forum on sovereign sukuk and its role in the development of Arab societies has concluded with the…
Al Salam Bank unveils its newly formed brand DNA
Al Salam Bank recently held an exclusive key-note event at the glittering Bahrain National Theatre, one of the largest theatres…
85% of UAE professionals feel confident and excited about the future of work, Bayt.com and YouGov survey
Bayt.com, the Middle East's #1 job site, and YouGov, global online market research agency, have released the results of the…
Knight Frank Middle East strengthens its UAE Industrial and Logistics team with senior hires
Knight Frank Middle East has strengthened its UAE Industrial and Logistics team with the hires of Maxim Talmatchi as Manager…