CBB raises overnight deposit interest rate by 25 basis points
The Central Bank of Bahrain (CBB) announced its decision to raise the overnight deposit interest rate by 25 basis points …
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UAE announces second issuance under Sovereign Retail T-Sukuk Programme with 5-year tenor
Following the exceptional success and strong investor demand for the inaugural issuance under the Sovereign Retail T-Sukuk Programme, the Ministry …
The Central Bank of Oman raises repo rate to 4.5% in first increase since July 2023
The Central Bank of Oman (CBO) raised its repo rate by 25 basis points to 4.5 per cent effective Thursday, …
Beehive and Taageer Finance Strengthen Access to SME Financing Across Oman
Beehive, the region's first digital peer-to-peer SME financing platform, has partnered with Taageer Finance Co. SAOG, one of Oman's leading …
Syria, World Bank discuss development of housing and mortgage finance sector
The International Cooperation Department at the Ministry of Foreign Affairs and Expatriates hosted Thursday a roundtable meeting with the World …
UAE credit card fees: Customers hit with Dh400-Dh500 annual charges after fee exemption ends without warning
Some bank customers have confirmed that they did not receive clear and prior notification at the end of the period …
Tanami KSA and Tanami Bahrain Appoint New Leadership to Drive GCC Fintech Expansion
Tanami KSA and Tanami Bahrain have appointed Dr. Nawaf Almaskati and Faisal Aljalahma as CEOs to lead their respective fintech …
Praxis strengthens UAE presence with new DIFC office and corporate services licence
Praxis has opened a new office in the Dubai International Financial Centre (DIFC) and secured a Corporate Service Provider (CSP) …
Riyadh forum to examine the forces reshaping Saudi Arabia, wider MENAT
Around 150 senior business leaders, investors and policymakers will gather in Riyadh on Sept. 29 to examine the forces expected …
Saudi's Umm Al Qura inks deal to develop 250-unit residential project in Masar Destination
Saudi-based Umm Al Qura for Development and Construction Company, has announced that it has signed a land sale agreement with …
UAE banking explained: How online payment verification works without SMS OTPs
UAE banks are moving away from traditional SMS and email-based One-Time Passwords (OTPs), with secure in-app approvals and biometric verification …
Central Bank of Oman gold value doubles to $1.2bln as revaluation gain reaches $408mln
The value of bullion held by the Central Bank of Oman (CBO) doubled to RO 468.1 million at the end …