Tag: News
UAE aims to double FDI flows to $65.3bn by 2031 with...
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...
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
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...
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
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...
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
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
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...
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
Burgan Bank has recently received the final approval from the Central Bank of Kuwait (CBK) to acquire 100% stake in United Gulf Bank (UGB),...














