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Kamco Invest Saudi relocates to King Abdullah Financial DistrictKamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, announced today (August 9) the relocation of its Saudi office to King Abdullah Financial District (KAFD), an iconic architectural landmark in the heart of capital Riyadh and the prime busines More… |
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AFC-backed projects add $50bn to Africa's GDPProjects backed by the Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have to date added over $50 billion to GDP and supported the creation of 7 million jobs across 36 countries, says a report. The AFC's More… |
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Saudi EXIM enters deal with Shelter Afrique to support development projectsThe Saudi Export-Import Bank (Saudi EXIM) has signed a memorandum of understanding (MoU) with Shelter Afrique to support housing, infrastructure, and urban development projects in African countries and to explore joint financing opportunities aligned with the development goals of both parties More… |
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ADX names Mena start-up Thndr as remote retail trading memberThe Abu Dhabi Securities Exchange (ADX) today (August 7) onboarded Thndr, a leading retail investment platform in the Mena region, as the first remote retail trading member on the second largest exchange in the Mena region. Thndr, a Hub71 start-up, is one of M More… |
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Bahrain Development Bank wins big at Asian Banking Awards 2025Bahrain Development Bank (BDB) has snapped up two prestigious accolades at the Asian Banking & Finance Awards 2025 held in Singapore. A leading financial entity, BDB was established by the Government of Bahrain to promote investments in the country. More… |
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DIB reports robust H1, balance sheet tops $100bnDubai Islamic Bank (DIB) reported another robust performance in the first half of 2025, with operating revenue of AED6.4 billion ($1.74 billion), driving a 16% YoY increase in pre-tax profit to AED4.3 billion. Double-digit growth in financing and deposit More… |
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Dubai Residential REIT delivers $169m profit in H1Dubai Residential REIT posted a net profit before changes in the fair value of investment property of AED622 million ($169 million) during the first half of 2025, an increase of 10% compared to the first half of 2024. Dubai Residential REIT is a key real estat More… |
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Alkhabeer Capital, Awraaq Digital launch Block Trade Negotiation SystemAlkhabeer Capital, the financial institution specialising in Shari’a-compliant financial services and brokerage services, has announced th More… |
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Aligning family values with professional governance is key: Nisha JagtianiWith family businesses forming the backbone of the GCC economy, the importance of aligning family values with professional governance structures was highlighted by Nisha Jagtiani, Group Director and Board Member of the Landmark Group. Jagtiani was speaki More… |
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Tarabut secures in-principle approval from Central Bank of the UAETarabut, a leading open banking and embedded finance platform in the MENA region, has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) following the introduction of the UAE’s Open Finance regulation. This pos More… |
