New Saudi law boosts efforts to combat financial fraud
Authorities in Saudi Arabia last week approved a new law designed to combat financial fraud and breach of trust. …
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Mubadala Keeping Pace With KKR as $29 Billion Deployed Last Year
Mubadala Investment Co. joined global investors like KKR & Co. in pouncing on opportunities presented by the pandemic, embarking on…
Lebanese judge orders asset freezes for individuals tied to major banks
A Lebanese judge has ordered a protective freeze of some properties and company stakes of 14 individuals with links to…
Dubai Investments targets acquisitions to diversify its portfolio
Dubai Investments is assessing acquisitions in healthcare, education and other sectors and will soon start a new real estate project…
World Bank and Arab Monetary Fund to discuss financial technology
The World Bank and the Arab Monetary Fund will hold a virtual conference today about digital payments and e-banking. …
Mashreq and Oracle Collaborate to Develop the Future of Transaction Banking
Mashreq Bank has modernizing its award-winning transaction banking capabilities in the Middle East and Africa with Oracle. To deliver…
National Bank of Bahrain's Q1 net profit soars to $41m
National Bank of Bahrain has reported a 1.3% increase in its net profit attributable to equity shareholders to BD15.6 million…
Moody's affirms UAE’s Aa2 rating; maintains stable outlook
Moody's Investors Service has affirmed the Aa2 long-term issuer rating of the Government of the United Arab Emirates. The outlook…
Qatar to play big role in global sustainable finance market: Official
Qatar, which occupies a unique position globally with its great potential for renewable energy, will play a big role in…
QCB issues QR600 million treasury bills for May 2021
Qatar Central Bank issued yesterday treasury bills for May 2021, for three, six and nine months, with a value of…
Riyad Bank signs MoU with Bab Al-Khair Medical Services to establish first non-profit hospital in the Kingdom
Riyad Bank recently signed a memorandum of understanding with Bab Al-Khair Medical Services Company to establish a non-profit hospital in…
NBK assigns Surra branch to provide international banking services
NBK is always closer to its customers, and gives them access to key regional and international markets As part of…