Ellis Wang, a Chinese national who was previously a senior director for Chinese ecommerce giant Alibaba, has been hired as a senior executive vice president and group head of technology, transformation and information at Mashreq Bank.
A sovereign wealth fund based in the UAE has been accused of computer hacking in a bitter legal dispute with a US businessman.
Dubai’s International Financial Centre (DIFC) has launched a new digital platform which it claims will simplify the onboarding process for clients.
The Abu Dhabi Investment Office (ADIO) has allocated $16.3 million to invest in a new batch of startups that have applied to its Ventures Fund.
Bahraini bank Al Salam has teamed up with China’s MSA capital to launch a new venture capital fund centered on China’s technology market.
New York-based venture capital firm Modus Capital has unveiled a $75 million venture fund dedicated to startups in the Mena region.
Bahrain-based alternative investment firm Investcorp has teamed up with Hong Kong fund manager China Everbright to jointly manage a new fund focused on China’s technology sector.
UAE-based investment company Mubadala has struck a deal to invest $500 million in Cologix, the US data centre.
Jibrel, a Swiss fintech operating in the Abu Dhabi General Market (ADGM), is set to launch what it claims is the first globally regulated, blockchain-powered platform for private funding in the UAE.
Blockchain firm R3 has partnered with Wethaq, a Dubai-based startup, in an initiative designed to bring blockchain technology to the Islamic finance market.
Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).
In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...
With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.
Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.
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Lux Report 2020
March 2020