Carrefour and HSBC Partner to bring payment instalment plan to customers
Carrefour has announced a partnership with HSBC Bahrain to offer customers a 3 to 12-month HSBC Flexi Instalment Plan on…
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Dubai-based HKA principal Nicola Caley relocates back to UK
Dubai-based HKA principal Nicola Caley has relocated back to the UK, becoming part of the firm’s claims team in London. …
Sustainable investments account for more than a third of global assets
Sustainable investments total $35.3 trillion, or more than a third of all assets in five of the world's biggest markets,…
Israeli firm’s spyware used to hack phones of journalists and business execs globally
Israeli company NSO Group's Pegasus spyware was used in attempted and successful hacks of 37 smartphones belonging to journalists, activists…
McLaren raises £550m and adds Saudi Arabian wealth fund as investor
McLaren has raised £550m in a deal that makes Saudi Arabia’s Public Investment Fund a minority shareholder in the supercar…
Standard Chartered appoints CEO for global Islamic banking arm Saadiq
Standard Chartered has appointed Khurram Hilal as Chief Executive Officer of Standard Chartered Saadiq, the Bank’s global Islamic banking arm.…
Dubai regulator fines former Abraaj finance chief $1.7 million
A Dubai regulator has fined the former chief financial officer of collapsed Dubai-based private equity company Abraaj Group and banned…
Al Khaliji H1 profit surges to QR372mn
Al Khaliji, which is in the process of being merged with Masraf Al Rayan, has reported a 3% year-on-year increase…
Qatar Central Bank announce Eid Al Adha holiday for financial institutions
Qatar Central Bank announced on Thursday that Eid Al Adha holiday for all financial institutions in the country, including banks,…
Fitch revises Saudi Arabia's outlook to stable
Global ratings agency Fitch on Thursday revised Saudi Arabia's Outlook to stable from negative, citing significantly higher oil prices and…
Bain promotes Mario Mateiro and Serge Eid to partner
Bain & Company has announced the intake of over fifty new partners worldwide, including a duo based in the Middle…
Euromoney awards UBS Middle East's Best Bank for Wealth Management for second year in a row
For the second consecutive year, Euromoney Awards for Excellence has recognized UBS as the “Best Bank for Wealth Management” in…