Meeting UAE's new Consumer Protection Standards for banks
The UAE’s Central Bank issued a set of Consumer Protection Regulations and Standards in the first quarter of 2021 –…
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Vimal Badiani new Managing Director of Merkle in MENA
Global customer experience consultancy Merkle has promoted Dubai-based Vimal Badiani to Managing Director of its MENA business. “I’m beyond…
Domestic travellers buoy Dubai tourism in pandemic year, KPMG's Dubai hospitality report reveals
Half of owner/operators expect occupancy rates above 60% in FY 2021 and 75% expect occupancy to return to pre-Covid-19 levels…
JP Morgan Private Bank names Borja Martínez-Laredo as Menat Managing Director and Senior Banker
JP Morgan Private Bank has announced that Borja Martínez-Laredo has joined the Middle East, North Africa and Turkey (MENAT) team…
The international banker 2021 Middle East Africa awards winners
Listed banks in Saudi Arabia reported a healthy 14-percent rise in aggregate net profit before Zakat (a form of almsgiving)…
Kuwait International Bank to sell its total exposure to NMC
Kuwait International Bank (KIB) has announced it will sell its exposure to NMC Healthcare, which was placed into administration last…
UAE foreign ownership implementation and compliance deadlines: what companies need to know
There is a lot going on in the UAE from a corporate law perspective, including some rapidly approaching deadlines and…
Dubai-based real estate start-up in talks to expand into Saudi
Stake, a Dubai-based financial technology (fintech) and real estate investment platform backed by Saudi investors, is in talks to expand…
KHCB launches the new version of "Khaleeji Mobile App"
Continuing its pursuit of providing innovative digital services to its clients in-line with its new strategic objectives, and to facilitate…
Dubai Left Behind as World’s Prime Property Hotspots Bloom Again
A supply glut that’s held down Dubai’s property prices for over half a decade will likely keep it on the…
Saudi Arabia implements cybersecurity framework
Saudi Arabia’s Communications and Information Technology Commission (CITC) on Saturday announced the implementation of a regulatory framework to beef up…
Kuwait Central Bank cautions against crypto-assets
The Central Bank of Kuwait has issued a warning to citizens against dealing in crypto currencies amid growing investor concerns.…