UAE appoints new central bank governor – state news agency
United Arab Emirates President Sheikh Khalifa bin Zayed has appointed Khalid al-Tameemi as governor of the UAE's central bank, state…
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Kuwait wealth fund reaches initial agreement on KPC dividends – source
Kuwait's sovereign wealth fund has reached an initial agreement with Kuwait Petroleum Corporation (KPC) on new payment terms for over…
Emaar appoints new Head of Marketing
Emaar Group has appointed Chandrasekar Radhakrishnan as its new Head of Marketing. Chandrasekar Radhakrishnan informally known as ‘Chandru’, joins Emaar…
Knight Frank announces new Senior Partner & Group Chairman
Global property consultancy Knight Frank has announced that, following an election in December, William Beardmore-Gray will succeed Alistair Elliott as…
HSBC Saudi Arabia wins the Best Custodian in the Kingdom award for 2020
HSBC Saudi Arabia won the “Best Custodian in the Kingdom” for 2020 in the Saudi Capital Market Awards. This…
Middle East's life sciences players face high corruption risk
A year on from the Covid-19 outbreak, bribery and corruption remain the top risk facing life sciences businesses in the…
Lebanon’s central bank to commit to audit as Macron urged to freeze ‘doubtful’ assets
Lebanon’s finance ministry said the central bank agreed on Tuesday to provide by the end of the month the documents…
Dukhan Bank offers huge cash reward on personal finance applications
Dukhan Bank, Qatar’s leading banking player, has recently launched its personal finance campaign that offers the customers a cash reward…
QFB improves balance sheet, overall liquidity position in 2020: Chairman
Qatar First Bank, the first independent Shari’ah compliant bank authorised by the QFC Regulatory Authority and a listed entity on…
ahlibank’s OMR30 million rights issue oversubscribed 1.29 times
ahlibank has announced an oversubscription of its rights issue by 1.29 times. This marks the successful closure of the bank’s…
Bank Nizwa approves distribution of cash dividend for shareholders
Oman’s leading and most trusted Islamic bank, Bank Nizwa, held its Annual Ordinary General Meeting on March 28 via the…
Saudi’s Islamic Development Bank lists $2.5bn sustainability sukuk on Nasdaq Dubai
Saudi Arabia’s Islamic Development Bank has listed a $2.5bn sustainability sukuk on Nasdaq Dubai. It is the second AAA-rated…