Forbes Middle East - English Magazine - August 2022Add to Favorites

Forbes Middle East - English Magazine - August 2022Add to Favorites

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In this issue

August 2022

The World’s 5 Biggest Banks In 2022

There were 292 banks on the Forbes Global 2000 list for 2022. They held collective assets worth $113 trillion—over 19% of which belong to the top five. With $22 trillion in combined assets as of April 2022, here are the world’s top five banking titans.

The World’s 5 Biggest Banks In 2022

2 mins

Middle East Banking M&As

M&A activity in MENA increased 11% in Q1 2022, reaching a total value of $21.1 billion, according to data from Refinitiv. The most active was the U.A.E., which saw a 5% increase in M&A activity to reach a total of $4.3 billion. Here are four of the most notable Middle East M&As in banking in H1 2022.

Middle East Banking M&As

1 min

5 GCC Exchange Houses Going Digital

Many GCC-based exchange houses are embracing digital transformation and now process transactions through traditional branches and online apps. These are the top five, taking into account the value of their transactions in 2021, the number of app downloads, and number of users.

5 GCC Exchange Houses Going Digital

1 min

The Great Resignation Hits The C-Suite

Burnout, inflation, and fears of recession are some factors reportedly leading to a higher rate of exits at the top level.

The Great Resignation Hits The C-Suite

2 mins

How Two Africans Overcame Bias To Build A Startup Worth Billions

A pair of twentysomethings from Uganda and Ghana thought there was a fortune to be made bringing transnational financial services to Africa’s 1.4 billion people. With 5 million users, San Francisco-based Chipper Cash is just getting started.

How Two Africans Overcame Bias To Build A Startup Worth Billions

4 mins

POWERHOUSE

Saeed Mohammed Al Tayer, Managing Director and CEO of the Dubai Electricity and Water Authority (DEWA), led the utility provider to raise $6.1 billion in an IPO in April, making it the largest company on the Dubai Financial Market. IPO activity among state-owned companies is heating up in the Middle East.

POWERHOUSE

7 mins

RIGHT PLACE, RIGHT TIME

Abdullah Aldabbous, Founder and CEO of MyFatoorah, hit on an opportune idea at an ideal moment when he set up the Kuwait-based digital payments gateway in 2016. Having seen business boom in recent years, he’s now thinking of new ways to innovate.

RIGHT PLACE, RIGHT TIME

7 mins

DREAMING BIG

Fresh from securing $36.7 million in new funding, Muhannad Ebwini, Founder and CEO of Saudi’s HyperPay, is now looking at regional expansion. New products and a potential IPO are on the horizon.

DREAMING BIG

6 mins

TOP 25 FINTECH COMPANIES 2022

From e-payments to open banking and crypto-assets exchanges, Fintech companies are booming across MENA, driven by high demand from a young and increasingly digital-first population.

TOP 25 FINTECH COMPANIES 2022

10+ mins

A Wander Through Bangkok’s Bustling Streets

Thailand’s famous capital city ignites all the senses as its evolving skyline entices a growing number of international visitors.

A Wander Through Bangkok’s Bustling Streets

4 mins

Read all stories from Forbes Middle East - English

Forbes Middle East - English Magazine Description:

PublisherForbes Middle East

CategoryBusiness

LanguageEnglish

FrequencyMonthly

Forbes Middle East is here to fill the vacuum for credible, original and intelligent journalism. Forbes Middle East's Arabic and English versions will reach out to all senior business executives and aspiring individuals who want to succeed!

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