GCC leaders remember Sheikh Hamdan
Leaders of GCC countries have offered their condolences to the Ruler of Dubai on the passing of Sheikh Hamdan bin…
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Recruitment process could do with more heart and less of delays
When somebody is looking for a job, seconds become minutes, minutes are hours, and days turn into months. It is…
KPMG: Despite pandemic, Saudi banks have thrived rather than survived
KPMG’s latest report on the financial sector, Banking Perspectives 2021, records the sector seen moving towards a better year. …
Dubai index leads most of Gulf lower; Egypt extends gains
Most Gulf markets ended lower on Thursday as new coronavirus restrictions in Europe revived worries about demand for oil products,…
Jadwa sets up new Saudi real estate investment fund
Jadwa Investment has launched a new real etate investment fund that aims to provide investors with a stable stream of…
Gold hub UAE toughens fight against financial crime
The United Arab Emirates, one of the world’s largest gold hubs, is strengthening its defences against financial crime, including new…
KBW Ventures CEO Prince Khaled to be part of $15m food innovation challenge
Prince Khaled bin Alwaleed bin Talal Al-Saud, founder and CEO of KBW Ventures, has been announced as a member of…
Turkish central bank chief removal is credit negative for bank funding says Moody’s
Credit rating agency Moody’s said on Thursday that the removal of the Turkish central bank governor is credit negative for…
Beltone Financial Holding names new chairman
The board of directors of Beltone Financial Holding approved the appointment of Mounir Amin Fakhry Abdel Nour as a non-executive…
Saudi Bank AlBilad to issue $800mln riyal-denominated sukuk
Saudi Arabia’s Bank AlBilad will issue a domestic Saudi riyal-denominated Tier 2 sukuk for up to 3 billion riyals ($800…
Outlook: Middle East countries could return to 'relative normality' in second half of 2021
Countries in the Middle East region are expected to return to “relative normality” in the second half of 2021, thanks…
Abu Dhabi's Aldar announces $310mln cash dividends for 2020
Aldar Properties, a leading real estate developer in Abu Dhabi, is set to distribute cash dividends worth AED1.14 billion ($310…