Tag: News
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...
Morgan Stanley receives approval to establish regional HQ in Saudi Arabia
Morgan Stanley has received regulatory approval to establish its Middle East headquarters in Saudi Arabia.
“Establishing a regional HQ in Riyadh reflects the growth and development...
Drake and Scull appoints returning executive Muin Al Saleh as chief...
Drake and Scull International, a Dubai-based contractor, has appointed Muin Al Saleh as chief executive, returning the executive to a post he previously held...
Rothschild launches wealth management office in Dubai to tap wealth influx
Rothschild & Co has opened a wealth management office in Dubai to boost its offering to local clients as well as wealthy individuals in...
Bahrain’s Al Salam Bank launches ASB Capital in DIFC
Al Salam Bank, Bahrain’s largest Islamic bank, has announced the launch of ASB Capital, a Category 3A asset management firm licensed by the Dubai...
Muna Al Osaimi Appointed CEO of Strategy and Corporate Governance at...
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, appointed Muna Abdulrahman Salah...
Stagwell appoints Sunil John as Senior Advisor for MENA expansion
Stagwell, the digital-first marketing network, has appointed Sunil John as Senior Advisor for the Middle East and North Africa region, effective September 2024. John...
Mashreq completes $385mln sale of majority stake in Neopay
Mashreq announced the completion of the sale of a majority stake in Neopay, the UAE’s fast-growing digital payments leader.
As previously announced on September 13,...
HSBC new CEO Elhedery ‘committed’ to build on current strategy
HSBC's new Chief Executive Georges Elhedery, who took the helm at the Europe's largest lender said he was committed to build on the bank's current...
HSBC appoints Georges Elhedery as Group Chief Executive
Georges Elhedery has been appointed Group Chief Executive of HSBC Holdings plc, effective 2 September 2024, taking the helm of the London-based universal bank...














