KFH and Aion Digital Sign a Digital Transformation Agreement
Moving forward in its digital transformation strategy, Kuwait Finance House (KFH), the world leading Islamic financial institution, has signed an…
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Reasons why Emirates NDB is a top pick among MENA banks
Dubai-based Emirates NDB, the second-largest bank in the UAE by assets, deposits and income, is a preferred name in MENA…
UAE tops MENA region as most active in CSR
The questions were curated and formulated to best emphasise and reflect the current CSR ecosystem pre- and post-COVID-19. 9 in…
Luxury oasis draws elite Saudis locked in by pandemic
Well-heeled Saudis frolic in an artificial oasis built on salmon-coloured dunes, splashing the cash after a year-long pandemic lock-in that…
Dubai records 3,787 real estate sales transactions worth $2bln in February 2021
Dubai’s real estate market recorded 3,787 sales transactions worth AED7.43 billion in February 2021, a 13.8 percent increase from January…
UAE central bank issues new rules for payments systems in country, settling dirhams overseas
The Central Bank of the UAE has issued two new regulations that apply to payment systems operating in the country…
KPMG Report: Despite pandemic, Saudi banks have thrived
KPMG reported recently that the 11 Tadawul-listed banks stayed resilient at the end of December 31st, 2020 reflected signs of…
UAE tourism seen as top play by Bank of America as global travel resumes
The UAE could be one of the biggest beneficiaries from a resumption of global travel in the second half of…
A fundamental change to doing business in the UAE: The new Economic Substance Regulations (ESRs)
The ESRs take aim at "light footprint" presences in the UAE taking advantage of the jurisdiction's lack of taxation, with…
GCC Quarterly Review – Q1 2021
The first quarter of 2021 saw a number of legal developments in the Gulf Cooperation Council (GCC) region (Bahrain, Kuwait,…
Turkey to become attractive for Islamic finance
Turkey is likely to become an attractive center for interest-free Islamic finance after a new economic reform package was unveiled,…
Turkish Central Bank's rate hike surprises, pleases economists
Both foreign and domestic economists in Turkey have applauded what they said was an unexpected rate hike by the country's…