Standard Chartered begins offering banking services at new Saudi HQ
Standard Chartered has begun offering banking services at a new branch in Saudi Arabia. The British bank was granted…
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Chinese insurance giant picks Dubai for first Middle East office
Dubai International Financial Centre (DIFC) has announced that the China Export and Credit Insurance Corporation (Sinosure) has chosen it as…
IMF approves $200 million increase in financing for Jordan
The International Monetary Fund on Thursday said its executive board had approved a $200 million increase in financing available to…
Senior Barclays Banker in Dubai Is Said to Leave After a Decade
Hazem Shish, Barclays Plc’s head of financial institutions banking for the Middle East, Turkey and Africa, is leaving after more…
Israel's Bank Leumi says will reap 253 mln shekels from ironSource
Leumi Israel's largest bank, said on Wednesday it will earn 253 million shekels ($77.7 million) from its investment in mobile…
Dubai cloud kitchen Kitopi raises $415mln from investors including SoftBank
Dubai cloud kitchen Kitopi said on Thursday it raised $415 million from investors including SoftBank in its series C funding…
Sovereign Wealth Funds turning to private capital: Are they competing or playing alongside GPs?
With close to USD $8.3 trillion in assets under management and growing, sovereign wealth funds are beginning to play a…
Citi’s banking revenue from Saudi Arabia ‘nearly tripled’
Citigroup’s corporate and investment banking revenue for its Saudi Arabia business has “nearly tripled” since returning to the Kingdom in…
Roland Berger signals mixed progress across region’s mobility landscape
Autonomous vehicles are set to take hold of the Middle East mobility market, although electrification in the region lags far…
Global tax overhaul backed by 130 countries
Officials from 130 countries have agreed to overhaul the global tax system to ensure big companies "pay a fair share"…
UAE-based fintech Mamo receives greenlight from Dubai International Financial Centre
Mamo has been granted an Innovation Testing Licence to operate in or from Dubai International Financial Centre, the global financial…
UBL partners with Temenos and NdcTech to modernize and scale its digital banking strategy across channels
UBL has signed an agreement with Temenos and National Data Consultant to provide and implement a next-generation digital banking solution.…