Dubai launches its first environmental satellite
DMSat-1, the emirate’s first nanometric environmental satellite, developed by Dubai Municipality in collaboration with the Mohammed Bin Rashid Space Centre…
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The Middle East prepares for life after oil
Governments and wealthy families are accelerating the changes needed to safeguard their financial future. The global upheavals of the…
Banque Saudi Fransi goes live with Finastra
Banque Saudi Fransi has gone live with the latest version of Fusion Kondor, Finastra’s treasury management solution. The move…
Goldman’s Saudi Investment Bank Chief Said to Leave for PIF Role
Goldman Sachs Group Inc.’s head of investment banking for Saudi Arabia is leaving to join the kingdom’s sovereign wealth fund,…
Mashreq names new Group General Counsel
Mashreq Bank has appointed Marouf Mohamed Shweikeh as Group General Counsel, to manage the bank’s Legal Affairs reporting into the…
Nomura Appoints Global Head of FX & EM Sales and EMEA Head of FX & EM
Nomura has appointed Kevin Connors as Global Head of FX & EM Sales and EMEA Head of FX & EM,…
Are GCC banks ready to absorb further loan-loss shocks?
Rated GCC banks, which had set aside $10.9 billion of new loan-loss provisions in 2020 in the backdrop of the…
Qatar’s digital sector offers opportunities for companies
Qatar’s digital sector offers huge opportunities for businesses. Relations between Qatar and Russia are growing in terms of diplomacy and…
How Saudi Arabia’s Tadawul-listed banks fared in pandemic-hit 2020
In a new report by KPMG, the firm’s financial services experts have cracked the numbers on the audited 2020 financial…
Arthur D. Little promotes Lokesh Dadhich to partner in Dubai
A member of Arthur D. Little’s Telecommunication, Information, Media & Electronics and Operation Management practices in the Middle East with…
Bitcoin price spike fuels fresh demands for regulation
As Bitcoin hits all-time price highs, regulation must now become a major priority for financial watchdogs, said the CEO of…
UAE retail sales to rebound and hit $58bln in 2021
Retail sales in the UAE are expected to rebound and grow by 13 percent to reach $58 billion by the…