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Staff Writer

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Emirates NBD gets nod to set up Indian subsidiary

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India’s central bank has given an “in-principle” approval to Emirates NBD  Bank to set up a wholly owned subsidiary in India. The approval allows Emirates...

Qatar’s QIA plans to at least double annual US investments over...

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Qatar’s sovereign wealth fund is planning to at least double its annual US investments in the next decade after the fund has already pledged...

PIF’s Europe investments to reach $170 billion by 2030. Opens office...

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Saudi Arabia’s Public Investment Fund (PIF) expects investments in Europe to surge to $170 billion by 2030, Governor Yasir Al-Rumayyan said during his participation...

Wio Bank announces new Chairman and Board appointments

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Wio Bank PJSC, the UAE’s leading digital bank, is pleased to announce the appointment of H.E. Mansour AlMulla as Chairman of the Board, alongside...

PIF appoints Saad Alkroud to lead local real estate investments, Maram...

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PIF announced the appointment of Saad Alkroud as Head of the Local Real Estate Investment Division. Alkroud has served as chief of staff since...

Franklin Templeton and PIF sign MoU to invest $5 billion in...

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US asset manager Franklin Templeton says it plans to create and introduce financial products in Saudi Arabia that takes advantage of both international investor...

Fortress Investment appoints Charles Spetka as Head of Middle East as...

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Fortress Investment Group (“Fortress”), a leading global investment management firm, is pleased to announce Charles Spetka is rejoining the organization as Head of its...

SICO promotes Ayman Gad-Allah to Head of Investment Banking

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SICO, a leading regional asset manager, broker, and investment bank with a presence in Bahrain, Saudi Arabia, and the UAE, announced today the appointment...

UAE plans to double Islamic bank assets by 2031

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The UAE has approved a new strategy that aims to more than double the assets of its Islamic banks in the next six years. The...

MENA VC investment rises by 58% YoY in Q1; Fintech remains...

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Venture capital (VC) investment in MENA continues to rebound this year, driven by a rise in smaller funding rounds, strong investor focus on Saudi...
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