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UAE aims to double FDI flows to $65.3bn by 2031 with...

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The UAE is planning to double its foreign direct investments to 240 billion dirhams ($65.35 billion) annually by 2031 — up from the 112 billion dirhams it...

HSBC MENAT CEO pledges more investments to lead in wealth and...

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Selim Kervanci, HSBC’s recently appointed CEO for MENAT in an exclusive interview with Zawya. HSBC has been undergoing a sweeping reorganization, with the implementation...

PIMCO Opens Office in Dubai 

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Pacific Investment Management Co. (PIMCO), a leading global investment firm has inaugurated a new office in Dubai. This move signifies the US asset manager's...

Women Board of Directors (WBD) to host The She Investment Summit...

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The summit, to be held in association with DP World’s The Brain & Performance Centre, will address the challenges and seek solutions of creating...

Alvarez & Marsal releases FY2024 UAE Banking Pulse report

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Alvarez & Marsal released its latest UAE Banking Pulse report for fiscal year 2024, highlighting a positive year for the UAE banking sector. The...

GCC manages 38% of global SWF assets in 2024, Mubadala leads...

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Sovereign Wealth Funds (SWFs) reached a historic milestone in 2024, managing $13 trillion in assets, of which the GCC region managed 38%. A recent...

Alef Education sets IPO price range to raise AED 1.89 Billion

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Alef Education, an innovative AI-powered learning solutions provider based in Abu Dhabi, is making waves with its recent announcement of an initial public offering...

Kuwait-listed Gulf Bank and Warba Bank explore potential merger

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Kuwait-listed Gulf Bank and Warba Bank have agreed to undertake a feasibility study and due diligence on a proposed merger. The two banks announced the...

Abu Dhabi consolidates assets and investments of ADQ under L’IMAD Holding...

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Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA) issued on Friday a resolution to consolidate the assets and investments of L’IMAD Holding...

Burgan Bank to acquire 100% stake in Bahrain’s United Gulf Bank

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Burgan Bank has recently received the final approval from the Central Bank of Kuwait (CBK) to acquire 100% stake in United Gulf Bank (UGB),...
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