Saturday 22 September 2018

Dubai Financial Services Authority names new CEO

Dubai Financial Services Authority (DFSA) said its board of directors has appointed Bryan Stirewalt as the new chief executive with effect from October 1. He succeeds Ian Johnston, who in late 2017 had announced his intention to step down. During his tenure, Johnston made a signi


Dubai, Shanghai sign bilateral trade agreement

Dubai Chamber has signed an agreement with the Shanghai Federation of Industry and Commerce aiming to facilitate bilateral trade and investment, build bridges between the UAE and Chinese business communities and encourage knowledge sharing. The agreement was reached when a high-l


PwC Middle East appoints over 330 graduates

Professional services firm PwC Middle East recently welcomed a record 333 new graduates to join its offices across the region, as part of its continued confidence to invest in the region.  Hani Ashkar, PwC Middle East Territory senior partner, said: “We are delighted t


Swift gpi offers message error detection facility

Swift will introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers.   More than 50% of SWIFT global


Investcorp lists sports firm Leejam on Tadawul

Bahrain-based Investcorp, a global provider and manager of alternative investment products, has announced the listing of portfolio company Leejam Sports Company on the Saudi Stock Exchange (Tadawul) on September 10. Leejam marks the Investcorp’s second Saudi portfolio compa


QInvest named best investment bank in Qatar

QInvest, a leading private investment group in Qatar, said that it has been named Best Investment Bank in Qatar at the Euromoney Middle East Awards for Excellence. Dr Ataf Ahmed, head of Asset Management at QInvest, said: “We are delighted to receive this prestigious award


WGES 2018 to focus on green capital

The upcoming World Green Economy Summit (WGES 2018) in Dubai, UAE will hold discussions on promoting green capital amid the global commitments to build a green and sustainable world economy. Green finance refers to the financing of investments that provide environmental benefits


Saudi British Bank joins major blockchain initiative

The Saudi British Bank (SABB) has joined enterprise software firm R3’s global blockchain ecosystem. SABB is the first bank in KSA to join such an initiative. SABB has always been at the forefront of offering value added digital solutions to its clients and this is a


DIFC marks remarkable growth in asset management sector

Dubai International Financial Centre (DIFC) is continuing to achieve remarkable growth in its wealth and asset management sector with world-leading firms working at impressive scale within the centre. The number of registered companies and specialist global advisors in the Centre


FSI unveils new asset management app

FSI Middle East, the region’s leading facilities management solutions software provider, has introduced a new asset management application for FSI GO users. The Asset Manager activity allows users to reduce time taken to collect and enter asset data, to enforce strict rules

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