The partnership reflects QIA’s commitment to strengthening Qatar’s financial sector and supporting local asset managers, with Lesha becoming the first locally managed fund. The investment advances QIA’s efforts to promote diversified capital markets and long-term economic growth in Qatar. Doha: QIA today announced its investment in Lesha Qatar Equity Fund. Lesha Bank is a Qatar-based Shari’a […]
MANAMA, BAHRAIN — Bahrain-headquartered digital-first consumer finance platform Skyro has announced plans to expand into Saudi Arabia and appointed former Mastercard executive Maria Medvedeva as Managing Director for the Middle East. Medvedeva will lead Skyro’s expansion across Middle Eastern markets, overseeing market-entry strategies, regulatory engagement, local team development, partnerships with financial institutions, and the company’s […]
Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, has become the first exchange in the MENA region to offer all investors, institutions, developers and market participants access to official “live” ADX market data through conversational AI tools like ChatGPT, Claude, and other large language […]
New global fintech platform to begin operations from Pakistan, with plans to expand across emerging fintech markets worldwide LAHORE, PAKISTAN — August 13 2026: A group of fintech and industry professionals has signed an agreement to launch Nexus Fintech Forum, a global fintech industry platform that will begin its operations in Pakistan before expanding gradually […]
Active investment strategy focused on long-term structural growth themes, including artificial intelligence, cloud computing and next-generation technologies Riyadh, Kingdom of Saudi Arabia– SAB Invest announced the launch of the SAB Invest Global Select Equity Fund, a new open-ended, Shariah-compliant public fund designed to provide investors with access to a concentrated portfolio of exceptional global companies expected […]
NEW YORK and ABU DHABI – AGL Credit Management (AGL), a leading corporate credit specialist providing investment strategies and solutions for investors and borrowers, today announced that the Financial Services Regulatory Authority ADGM, the international financial center of Abu Dhabi, has granted the firm approval to conduct regulated financial activities within the ADGM. The approval marks […]
The inaugural Avaloq Wealth Management Index identifies Singapore as one of the world’s leading wealth management markets, reflecting strong performance across macroeconomic, financial, regulatory, demographic and digital dimensions. The findings also highlight Asia’s growing prominence, with two Asian financial centres ranking among the world’s leading wealth management hubs. The index shows that there is no […]
ASIA — Manulife announced the appointment of Jeremy Young as Chief Distribution Officer, International Brokerage, Global High-Net-Worth, effective immediately. Mr Young has served as Interim Chief Distribution Officer since March, providing strong leadership while advancing Manulife’s distribution strategy and deepening broker engagement across key markets. In his new role, he will be responsible for leading Manulife’s International Brokerage […]
UAE cardholders will soon be able to use Jaywan mono-badged cards at more than 100 million points of sale and 1.8 million ATMs across more than 183 countries and regions under a new agreement between Al Etihad Payments and UnionPay International. Abu Dhabi, UAE — August 12, 2026: Al Etihad Payments (AEP), the owner and […]
The Bank of Jordan Group has inaugurated its first branch in Saudi Arabia in a strategic move that reflects its vision for sustainable growth and reinforces its position as an integrated regional banking group. Following the Saudi Central Bank’s approval to commence banking operations on 27/2/1448 AH, the expansion strengthens its presence in one of […]