Sunday 29 January 2023

Foursan Group announces investment in Baida Pack

Foursan Group, a leading Middle Eastern private equity firm, has concluded an investment in Baida Pack through its third fund, Foursan Capital Partners II.   Baida Pack is a leading designer and manufacturer of primary and secondary pharmaceutical packaging prod


Bahrain operational costs 27% lower than GCC peers: study

Bahrain enjoys a cost advantage of up to 27% in terms of annual operating costs for financial services institutions when compared to its GCC peers, according to KPMG’s “Cost of Doing Business in the GCC” report.    The 2022 report measures


Mashreq hires seasoned banker as Global Head of FI & NBFI

Mashreq, one of the leading financial institutions in the UAE, has appointed Aziz Ata as its new Global Head of FI (Financial Institutions) and NBFI (Non Banking Financial Institutions).   Ata’s responsibilities involve overseeing Mashreq’s FI and NB


DFSA unveils business plan for 2023-24

Dubai Financial Services Authority (DFSA) has unveiled its Business Plan for 2023-24, encapsulated within four strategic themes developed to foster an enabling environment for firms as Dubai and the UAE continue to grow. The new two-year plan outlines an ambitious roadmap to meet

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