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Banking & Finance
Banking & Finance
Saudi’s PIF signals BeIn investment interest
But no formal approach has been made as of yet
Banking & Finance
Is the metaverse the next frictionless frontier for Mastercard customers?
Is the metaverse, the next frictionless frontier for Mastercard customers
Banking & Finance
UAE: Entrepreneurial Nation concludes Phase I with AED 20 mn support for SMEs
SMEs account for more than 95% of all businesses in the country
Banking & Finance
Dubai, Riyadh lead top cities for startups
Dubai beats UK, MENA in terms of internet download speed
Banking & Finance
Elon Musk takes another u-turn on Twitter
Musk agreed to pay price he initially offered before trying to quit deal
Banking & Finance
Egyptian Pound to further decline ahead of IMF agreement signing
Final agreement may happen in coming days
Banking & Finance
UAE’s Multiply Group acquires 80% of International Energy Holding
To grow its utilities portfolio
Banking & Finance
Dubai Shuaa Capital’s Kuwait unit to sell stake in brokerage firm for $54.4mln
Sale expected to close in Q4 '22
Banking & Finance
Credit Suisse and Deutsche Bank: Will the Lehman fall be repeated?
Credit Suisse tries reassuring investors as financial fears rise
Banking & Finance
IHC acquires majority stake in Emircom for AED 250 mn
Company aims to expand its digital portfolio
Banking & Finance
Lebanon’s banks open their doors again, amid threats by depositors
Exchange operations continued during closure
Banking & Finance
VC investments rapidly gaining traction in MENA: Report
More start-ups, institutional investors choosing to reside in region
Banking & Finance
Türkiye’s Central Bank shocks with another rate cut
Turkish lira fell to a record low of 18.42 per dollar
Banking & Finance
S&P: Banks of 4 Gulf countries regain pre-Corona profitability
Driven by high oil prices, high interest rates, and new projects
Banking & Finance
Bank of England raises interest rates to highest level since 2008
By another half a point
Banking & Finance
Emaar shareholders approve acquisition of Dubai Creek Harbour, sale of Namshi
Abolition of minimum contribution of UAE, GCC nationals also passed
Banking & Finance
UAE working on initiatives to enable instant payments
CBUAE also looking at improving consumer protection framework in the country
Banking & Finance
Oman committed to implementing income tax by 2024
Oman implemented VAT in April 2021
Banking & Finance
EFG Hermes Holding hosts its 16th One-on-One Conference in Dubai
It’s world’s largest investment forum dedicated to frontier emerging markets
Banking & Finance
Saudi woman named to chair Lazard’s Investment Banking Business
Al-Suhaimi held for 20 years senior leadership financial positions in Saudi
Banking & Finance
Three outcomes GCC banks can pursue in the Open Banking revolution
Distinct opportunities for GCC banks as they progress along the maturity curve
Banking & Finance
Twitter shareholders in favor of $44 bn Musk deal
Two parties scheduled to square off in court on Oct. 17
Banking & Finance
Predictions of record year for regional mid-market M&A deals
Overall market softening heightened transactional volume of M&As
Banking & Finance
A new digital bank launches officially in the UAE
Bank said it would focus initially on SMEs
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