Staff Writer

Deutsche Bank has promoted Ahmed Shehab and Najma Salman as Co-Heads of Institutional Cash and Trade for CEEMEA. Ahmed and Najma will be responsible...

RAKBANK has appointed Ehsaan Ahmed as EVP & Head of Transaction Banking. Eshaan extensive experience in the financial industry, including most recently Dubai Islamic...

Al Ansari Financial Services (AAFS) has signed a sales and purchase agreement to fully acquire Bahrain's BFC Group Holdings (BFCGH) for $200 million. This acquisition...

Dubai Islamic Bank has hired Ali Ahmad as Chief of Investment Banking. He joins from Standard Chartered where he spent 22 years in various...

Ooredoo Group has entered into a strategic partnership with Nvidia to enhance its data center capabilities. The collaboration aims to leverage Nvidia's cutting-edge technology to drive innovation and efficiency within Ooredoo's data centers.

Ooredoo Group has named Sunita Bottse as the CEO of Mena Digital Hub, its newly established carrier-neutral data center branch designed to provide colocation services to hyperscalers in the Middle East.

Groupon has promoted Filip Popovic to Chief Operating Officer. Popovic, who joined Groupon in December 2022, will continue leading the Product, Engineering, and Transformation...

Abu Dhabi’s Advanced Technology Research Council (ATRC) is set to launch three new ventures this year to enhance research and development in the UAE. The initiatives will focus on data security in the quantum era, advancements in smart autonomous mobility, and AgriTech through robotic technologies. These projects, aimed at converting research into market-ready products and services, will be executed by ATRC's commercialization arm, VentureOne.

Bahrain’s National Bank of Bahrain (NBB) has enlisted the services of Goldman Sachs to explore a potential merger worth $2.43 billion. This strategic move...

Ajman Bank has announced the appointment of Shadi Hittini as its new Head of Wealth Management. Reporting directly to Faizal Kundil, Ajman Bank’s Head...