NCB, Samba to relocate some branches as lenders combine
The merger of National Commercial Bank and Samba Financial Group (Samba) will involve the relocation of some branches currently located…
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Online payments in Bahrain surge 292%
Benefit, the operator of Bahrain’s electronic fund transfer system (EFTS), has reported a massive jump in online payment transactions last…
'Keyman' insurance cover goes a long way in ensuring business continuity
This is now a growing trend – especially amongst the established family businesses where the owner is getting ready to…
“On high alert…”
Norton Rose Fulbright highlights cyber and privacy has trends in the Middle East, with an insight on the increasing threat…
UAE leads Middle East’s digital wallet revolution
UNWIELDY wads of cash gave way to plastic money decades ago. Now cash and plastic are passé, and digital wallets…
Qatar streamlines listing, foreign ownership norms to bolster corporate governance: S&P
Qatar has enhanced its corporate governance, including the listing standards and foreign ownership rules, in the recent past; even as…
KPMG shares best practices for navigating financial distress
In a bid to support GCC leaders in financial distress or facing its prospect, experts at KPMG recently hosted a…
The 25 most noteworthy innovations in UAE's government sector
In the largest exercise of its kind to date, the Mohammed Bin Rashid Centre for Government Innovation and Sia Partners…
Dubai's Grubtech secures $3.4mln pre-Series A funding
Dubai-based Grubtech, a software as a service (SaaS) platform for cloud kitchens and delivery-centric restaurants, has secured $3.4 million pre–Series…
Saudi banks thriving on back of govt reforms: KPMG
Backed by government reforms, halt in credit losses, stable liquidity, stronger CAR, and transformational changes, Saudi Arabia’s banks are heralding…
28-year sentence for Saudis and expats in a $182 million corruption case
Two Saudi citizens have been sentenced to 28 years in jail and fined up to $3.47 million after an investigation…
Banque Misr tender offer for CI Capital receives strong shareholder interest
The tender offer, which closed on Thursday, was 1.1x oversubscribed, with shareholders agreeing to sell some 720.8 million shares. This…