Business & Economy

Goldman scales regional offering with onshore private banking services in KSA

As some of Wall Street’s biggest financial companies target the wealth in Saudi Arabia and the Middle East, Goldman Sachs Group, the New York-headquartered...

Saudi Venture Capital to increase allocation to private credit funds

Saudi Venture Capital (SVC), a state-backed investor and part of the National Development Fund (NDF) with more than US$3 billion in its assets under...

UAE ombudsman Sanadak slashes financial complaint resolution time to 15 working days

Sanadak, the UAE financial ombudsman, has cut complaint resolution times from 30 to 15 working days — a 50 per cent improvement that strengthens...

IHC acquires majority stake in Pakistan’s First Women Bank Limited

IHC, Abu Dhabi’s global investment company and the most valuable company listed on Abu Dhabi Securities Exchange (ADX), has acquired a majority stake in...

Dubai’s DIFC surpasses 8,000 companies as banking assets triple to $240 billion

Dubai International Financial Centre (DIFC) has cemented its position as the Middle East, Africa and South Asia’s largest financial hub, with active registered companies...

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