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EFG Holding completes Valu’s listing on Egyptian ExchangeEFG Holding, a leading financial institution with a universal bank in Egypt and the leading investment bank in the Middle East and North Africa), and its universal financial technology powerhouse U Consumer Finance S.A., known by the trademark Valu, announced today (June 23) the commenc More… |
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GCC visitors' spend to hit a whopping $224bn in 2034, says reportThe visitors coming into the GCC countries are projected to spend a whopping $224 billion in 2034, while the expected contribution of incoming visitor spending to total exports is set to reach 13.4%, according to a official data released by the Statistical Centre for the Cooperation Council f More… |
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Gross banks’ assets surge to $1.3bn at end of March: CBUAEThe Central Bank of the UAE (CBUAE) has announced that the gross banks’ assets, including the bankers’ acceptances, increased by 1.9% from AED4.63 billion ($1.26 billion) at the end of February to AED4.72 billion ($1.28 billion) at the end of March. More… |
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Visa names new regional head for CEMEA regionVisa has announced the appointment of Tareq Muhmood as its new Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA). In this role, he will be responsible for leading operations across more than 86 innovative and fast-growing markets. More… |
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CBB announces key executive management promotionsIn a significant step toward gender inclusion in the financial sector, the Central Bank of Bahrain (CBB) has promoted 12 executives to senior roles under its new organisational structure - with women accounting for more than half of the appointments. Announcin More… |
