Gulf Cooperation Council (GCC) banks' good performance should continue throughout 2024, absent any unexpected shock, thanks to increasing lending volumes, higher fee income, Read More
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ADNOC & ExxonMobil to Set Up Largest Hydrogen Facility
Abu Dhabi National Company (ADNOC) will acquire 35% equity stake in global oil major ExxonMobil Corporation’s proposed hydrogen and ammonia production facility Read More
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alrajhi Bank Acquires Majority Stake in Fintech Firm Drahim
Saudi-based lender alrajhi bank has acquired a 65% stake in the local fintech start-up ‘Drahim’ application, a leading financial management and automated investment Read More
The family office arena has been growing rapidly, reflecting the rise in family wealth globally, and this growth is expected to continue Read More
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Blackstone and CPP Investments to Buy AirTrunk Data Centre
Four funds managed by Blackstone, world's largest alternative asset manager, along with Canada Pension Plan Investment Board (CPP Investments) on Wednesday said Read More
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities in Europe, Middle East and Africa, on Wednesday announced Read More
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Pinewood Acquires Minority Stake in Dubai’s AI Firm Seez
Pinewood Technologies Group – the company hived off from the UK’s leading automotive retailer Pendragon following the dealer group’s sale to Read More
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Banking
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Tarabut Acquires Vyne Payments Platform
Tarabut, the first and largest regulated open banking platform in the MENA region, has acquired London-based Vyne, a real-time account-to-account (A2A) Read More
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Resort World Cruises Partners with Tourism 365
Tourism 365, a subsidiary of Abu Dhabi National Exhibitions Company (ADNEC) Group, has announced a partnership with international premier cruise line Resorts World Read More
abby, Saudi Arabia’s buy now pay later fintech firm, which is MENA’s leading shopping and financial services app, announced that Read More
