Wednesday 4 October 2023

SFME announces Bank ABC as a Lead Partner for 2nd edition

Sustainability Forum Middle East (SFME) has announced Bank ABC as a Lead Partner for its upcoming second edition set for January 9, 2024 in Bahrain.   This year’s Forum, promoting regional decarbonation, will focus on “Achieving Net Zero – Path


EY celebrates 100 years in MENA

EY celebrates 100 years of operation in the Middle East and North Africa (MENA) this year, having established its first regional office in 1923. The MENA practice of EY has grown to over 8,000 people, united across 26 offices and 15 countries. EY welcomed 106 new partners across the as


The Family Office’s fintech lab launched in Bahrain

The Family Office, the leading wealth manager in the GCC, has officially inaugurated its new Fintech Lab at its headquarters in Bahrain, where it will unveil state-of-the-art digital products and services, solidifying its position as a trusted partner in wealth management. The inaugura


Al Salam Bank launches women leadership programme ‘Qaedat’

Al Salam Bank has announced the launch of ‘Qaedat,’ a one-of-a-kind learning and development programme that focuses on empowering the bank’s female employees.    Participants will be taking part in bilingual workshops and training sessions


Future Sustainability Forum to focus on finance innovation

Over 1,000 global government and industry leaders, representing 30+ countries, are set to converge, highlighting the synergies between finance and sustainability in Dubai this week at the inaugural Future Sustainability Forum.   The forum is poised to elevate it


Arcapita sells Waste Harmonics to TPG-backed firm

Arcapita Group Holdings Limited, an alternative investment firm, has sold Waste Harmonics, a technology-enabled service provider of waste management solutions, to Keter Environmental Services, a leading recycling and waste management company. Keter is backed by TPG, a leading global al


EDB presents financing to drive green transition at Adipec

Emirates Development Bank (EDB), the key financial engine of UAE economic development and industrial advancement, is presenting its developmental financing solutions to more than 160,000 delegates from 160 countries at Adipec 2023.    With energy transition


Kamco Invest expands global presence with office in London

Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, has inaugurated its new office, Kamco Invest – London.    This expansion marks a milestone in the company's growth strategy, reinforcing its comm


Abu Dhabi’s non-oil economy expands 12.3% in Q2

Abu Dhabi's non-oil economy showed a whopping 12.3% growth in the second quarter of this year, helping the overall GDP to post a 3.5% increase compared to the same period in 2022, the Statistics Centre – Abu Dhabi (SCAD) said.   The growth is a testame


Arab banks plan $1 trillion SDG financing initiative

The Union of Arab Banks (UAB) submitted at the SDG Summit in New York a commitment to encourage Arab banks to provide a target of $1 trillion in SDG financing by 2030, in partnership with the United Nations Economic and Social Commission for Western Asia (ESCWA).  

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