Staff Writer
GCC manages 38% of global SWF assets in 2024, Mubadala leads...
Sovereign Wealth Funds (SWFs) reached a historic milestone in 2024, managing $13 trillion in assets, of which the GCC region managed 38%. A recent...
Burgan Bank to acquire 100% stake in Bahrain’s United Gulf Bank
Burgan Bank has recently received the final approval from the Central Bank of Kuwait (CBK) to acquire 100% stake in United Gulf Bank (UGB),...
Bank of Sharjah appoints Sridhar Karlapudi as new Chief Operating Officer
Bank of Sharjah, announced the appointment of Sridhar Karlapudi as its new Chief Operating Officer.
Sridar has 25 years experience across India, the Middle East...
Dubai’s DIFC attracts surge of Chinese financial firms in 2024
Dubai reported a surge in interest from Chinese financial firms and multinational companies in 2024.
The top five Chinese banks, including Bank of China and...
State Street hires Majed Al Hassoun as Head of KSA and...
State Street Corporation has appointed Majed Al Hassoun as Country Head for Saudi Arabia and Bahrain.
In his new role, Al Hassoun will be responsible...
StanChart hires Momin Jaffar as Group Head of Global Private Bank
Momin Jaffar has joined Standard Chartered as Managing Director & Group Head - Global Private Bank based in Dubai. He joins from HSBC, where...
Goldman Sachs names Omar Alzaim as Saudi CEO
Goldman Sachs has appointed Omar Alzaim as Chief Executive Officer of its Saudi Arabia operations as it looks to boost its presence in the...
Neuberger Berman hires Khalid Albdah as Head of MENA & New...
Neuberger Berman has appointed Khalid Albdah as Head of MENA and New Markets based in Dubai.
Khalid was previously MD and Chief Executive Officer of...
BNY Hires Madiha Sattar as MD for Growth Ventures Unit in UAE
BNY has appointed Madiha Sattar as Managing Director and Growth Ventures partner, based in the UAE. In the newly created global role, she joins the leadership...
Mashreq names Jyothi Bathula as new Global Head of MGN and...
Mashreq has appointed Jyothi Bathula as the Global Head of Mashreq Global Network (MGN) and Managing Director of MGN India, according to a LinkedIn post.
Bathula has over 20 years...