The Abu Dhabi Family Business Council (ADFBC), an affiliate of the Abu Dhabi Chamber of Commerce and Industry, has signed a cooperation agreement with the Family Business Council Gulf (FBCG), a non-profit organisation dedicated to supporting the sustainability and long-term success of family businesses across the Gulf Cooperation Council.
Beyon Money, part of the Beyon Group, has announced the successful go-live of its partnership with SwiftX, a global money transfer operator (MTO).
Saudi Arabia’s Ministry of Investment has granted HSBC a Regional Headquarters (RHQ) licence for its Capital Markets and Advisory business, bolstering the bank’s presence in the kingdom as it expands its investment banking operations across the Middle East.
Leading Omani group Dhofar Investments said it has completed its merger with OIFC Khedmah, a well-established public joint-stock entity, thus marking a pivotal milestone in integrating operations, unifying efforts, and advancing capabilities within the sultanate.
Turkish digital asset platform Paribu has announced the acquisition of CoinMENA, the largest local crypto exchange in Middle East and North Africa, for $240 million. With this move, Paribu expands its operations to a region with high crypto adoption.
The National Bank of Bahrain (NBB) has signed an agreement with Kanoo Real Estate, a division of the Yusuf Bin Ahmed Kanoo Group, to provide financing for their premium residential developments coming up in the kingdoms of Bahrain and Saudi Arabia.
The National Bank of Bahrain (NBB) has appointed Hend Mohamed Mahmood as the Group Chief Human Resources Officer effective December 14. She brings 30 years of experience in human capital and organisational transformation to the new role.
Saudi Arabia’s real GDP grew by 4.8% in the third quarter compared to last year, reported SPA citing official data. All economic activities recorded y-o-y growth with oil activities surging by 8.3%, non-oil activities by 4.3% and government activities by 1.4%.
Rostro Group, an international diversified fintech and financial services group, has obtained a Category 5 licence from the UAE Securities and Commodities Authority (SCA), marking a significant step in its long-term commitment to shape the UAE’s future financial ecosystem.
Investcorp Capital, an investor in private markets and a provider of capital and capital financing services in the alternative investments space, has acquired Guardian Fire Services, a leading provider of fire and life safety services operating in Northeastern, Southeastern and Western United States.
