Al Ansari receives approval to launch digital wallet targeting the unbanked population
DUBAI, UAE: Al Ansari Digital Pay, a subsidiary of Al Ansari Financial Services PJSC, announced receiving the initial approval of a Store Value Facilities and...
SHUAA appoints Wafik Ben Mansour as Acting CEO
UNITED ARAB EMIRATES: SHUAA Capital psc, the leading asset management and investment banking platform in the region, has announced the appointment of Wafik Ben Mansour...
Gulf International Bank achieves record results in the past decade with 141% growth in net income
DUBAI: In the third quarter of 2023, the Gulf International Bank’s dedication and commitment to achieving strategic objectives resulted in a remarkable 255% increase in...
GFH to buy Saudi food and logistics firm for SAR 500 million
RIYADH: GFH Financial Group announced today that it has signed to acquire a leading food services and logistics company in Saudi Arabia, with an enterprise...
Zain FinTech and Al Ansari Financial Services team up to enhance fintech solutions
DUBAI: Zain FinTech, the financial services arm of Zain Group, a leading telecom group in the Middle East and Africa, has signed a deal with...
Aleph Group joins UNESCO’s Global Education Coalition to promote digital skills
DUBAI, UAE: Aleph Group, Inc, a digital advertising company, has announced its partnership with UNESCO’s Global Education Coalition, a multi-sector initiative to ensure the continuity...
Safanad Expands Leadership Team with Three New Partners, Launches Safanad KSA with Plans to Deploy US$3B+ into KSA over Five Years
RIYADH, SAUDI ARABIA: Safanad, a global holding company combining investment and operational excellence, announced the expansion of its leadership team with three new Senior Partners...
Gulf International Bank Becomes a Signatory to the UN Women’s Empowerment Principles
MANAMA: Gulf International Bank B.S.C. (GIB) today announced that it has become a signatory to the Women’s Empowerment Principles (WEPs). Established by UN Women and...
National Bank of Umm Al Quwain achieves 385 million dirhams in net profits during the first nine months of 2023
UNITED ARAB EMIRATES: National Bank of Umm Al Quwain (NBQ) has reported a net profit of AED 385 million for the 9-months period ended on...
Al Seer Marine receives VLGC North Gas, increasing fleet size to 20
ABU DHABI, UAE: Al Seer Marine (ADX: ASM), a prominent global player across multiple marine sectors and a subsidiary of Abu Dhabi-based International Holding Company...
Saudi Aramco seeks to buy 10% stakes in Shandong Yulong Petrochemical
DUBAI : Saudi Aramco is in talks to buy a 10 per cent stake in Shandong Yulong Petrochemical Co, it said on Wednesday. Shandon Yulong...
GFH Partners acquires $150mn worth of logistics and industrial portfolio in Saudi Arabia and UAE
DUBAI, UAE: GFH Partners, a subsidiary of GFH Financial Group, has acquired a diversified logistics and industrial portfolio worth $150 million in Saudi Arabia and...