Wednesday 4 October 2023
 
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Alpha Dhabi takes majority stake in Metito Holdings

Alpha Dhabi Holding, one of the fastest- growing investment holding companies in the UAE, has acquired a majority stake in Metito Holdings, a global leader in the water and wastewater industry.  Pending regulatory approvals, this pivotal transaction marks Alpha Dhabi’s

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DIB to plant a tree for every new account

Dubai Islamic Bank (DIB) has announced that it will plant one tree for every new customer who opens a DIB account.    Through this novel initiative, the bank has not only taken a decisive step towards effective climate action, it has also ensured significan

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CBB issues first Investment Business Category 4 licence to BAGS

The Central Bank of Bahrain (CBB) has issued the first Investment Business Category 4 (Collective Investment Undertaking Operator) licence to BAGS Capital.    This new licence category applies for the business models of specialist fund managers who operate,

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Sohar International unveils financial & non-financial services

Sohar International has launched a first-of-its-kind in Oman innovative ecosystem of financial and non-financial services through its mobile banking apps that perfectly complement customers' lifestyles.    With the integration of these services within t

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KPMG and the CFA Society in Bahrain collaborate

KPMG in Bahrain recently signed a Memorandum of Understanding (MoU) with the Chartered Financial Analyst (CFA) Society to reinforce collaboration and drive lifelong learning across Bahrain.   The ceremony was hosted at the KPMG Headquarters in Bahrai

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Bank Nizwa is Collecting Bank for impending OQGN IPO

Bank Nizwa, Oman’s pioneering Islamic bank, has announced its participation as a Collecting Bank for the OQ Gas Networks Initial Public Offering (IPO).    In line with the bank’s dynamic approach towards establishing strategic collaborations wit

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Saudi Arabia economy joins trillion dollar club

Saudi Arabia's gross domestic product (GDP) reached SAR 4.155 trillion ($1.11 trillion), exceeding the milestone of $1 trillion for the first time, thus joining the trillion-dollar club and achieving the national goal well ahead of the target date of 2025, a report said. &nbs

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