Staff Writer

Kuwait Finance House has agreed to sell its 18.18% in the UAE’s Sharjah Islamic Bank for AED1.29 billion ($351 million), pending regulatory approvals. The sale...

Khalifa Fund for Enterprise Development announced the appointment of Mrs. Mouza Obaid Saif Al Nasri as Acting Chief Executive Officer. Mrs. Mouza was previously...

The National Bank of Bahrain (NBB) has announced that it has increased its shareholding in SICO Bank from 12.51% to 21.07%. The NBB Group...

Edmond de Rothschild has promoted Laith Al Kurdi who was the Head of Private Banking for Middle East to Senior Executive Officer of the...

Emirates NBD has announced the appointment of Sameer Deshpande as the new Head of Wealth Management for its Singapore operations. In this role, Deshpande...

The Arab Investment Co. (TAIC), a Pan-Arab joint-stock company owned by the governments of 17 Arab countries, announced the appointment of Abdullah Bakhaibah as...

According to the EY MENA IPO Eye Q2 2024 report, IPO activity in the MENA region remained resilient with 14 IPOs raising US$2.64b in...

First Abu Dhabi Bank appointed Chris Jaques as Group Chief Risk Officer on 5th August 2024. With more than 30 years of experience in...

Orient Insurance, the largest listed insurer in the United Arab Emirates (UAE) and a part of Al-Futtaim Group, has appointed Mr Turki Bin Mamdouh...

Saudi Arabia's Public Investment Fund  has signed partnerships worth up to $50 billion with six major Chinese financial institutions, aimed at strengthening its global...