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Kuwait authorizes Investment Authority to borrow abroad, Central Bank to borrow...

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Kuwait’s minister of finance has authorized the country’s Investment Authority to carry out foreign borrowing operations and the Central Bank of Kuwait to conduct...

Emirates Development Bank launches EDB360 a digital banking platform for UAE...

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Emirates Development Bank (EDB) has launched EDB 360, a groundbreaking, fee-free digital banking platform built to supercharge the ambitions of the UAE's entrepreneurs and micro, small, and...

Deutsche Bank secures ADGM license. Appoints Jean-Pierre Habis as Senior Manager...

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Deutsche Bank has secured a license to operate in the Abu Dhabi Global Market (ADGM). The license allows the bank to engage in arranging,...

Emirates NBD gets nod to set up Indian subsidiary

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India’s central bank has given an “in-principle” approval to Emirates NBD  Bank to set up a wholly owned subsidiary in India. The approval allows Emirates...

Qatar’s QIA plans to at least double annual US investments over...

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Qatar’s sovereign wealth fund is planning to at least double its annual US investments in the next decade after the fund has already pledged...

PIF’s Europe investments to reach $170 billion by 2030. Opens office...

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Saudi Arabia’s Public Investment Fund (PIF) expects investments in Europe to surge to $170 billion by 2030, Governor Yasir Al-Rumayyan said during his participation...

Franklin Templeton and PIF sign MoU to invest $5 billion in...

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US asset manager Franklin Templeton says it plans to create and introduce financial products in Saudi Arabia that takes advantage of both international investor...

UAE plans to double Islamic bank assets by 2031

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The UAE has approved a new strategy that aims to more than double the assets of its Islamic banks in the next six years. The...

MENA VC investment rises by 58% YoY in Q1; Fintech remains...

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Venture capital (VC) investment in MENA continues to rebound this year, driven by a rise in smaller funding rounds, strong investor focus on Saudi...

Wealth company Azura Partners to leave Monaco for Abu Dhabi after...

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Lunate the Abu Dhabi-based investment firm which has more than $110 billion in assets under management, managing assets for Abu Dhabi sovereign investor ADQ...
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