Amazon to create 1,500 new jobs in Saudi Arabia
Amazon plans to hire 1,500 new employees in Saudi Arabia and add 11 buildings, the company said. The expansion…
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Saudi Arabia closes March domestic sukuk program at $2.05bn
Saudi Arabia’s National Debt Management Center closed on Tuesday its local issuance for March, 2021 of the Kingdom’s sukuk, or…
How Digital SBL Offers a Roadmap to Post-COVID Liquidity
“Leverage, not liquidate” may be the 2020 rallying cry for lenders, private bankers and wealth managers looking to provide socially…
HSBC completes first-ever securities lending transaction in Saudi Arabia
HSBC has completed the first securities lending transaction in Saudi Arabia. The bank acted as custodian and agent lender…
Dubai Islamic Bank Shareholders Approve 20% Dividend as Robust Growth Continues Despite Economic Challenges
Dubai Islamic Bank has successfully concluded its Annual General Meeting (AGM) held remotely at the bank’s headquarters in Dubai. …
GCC holds a positive outlook on the future of work – PwC Middle East survey
A new survey by PwC in 19 countries, including four across the GCC, reveals that the way people work and…
Why large UAE banks’ 2020 profit decline is manageable
The four largest bank in the UAE saw sharp drop in their net profit in 2020, but the decline is…
SHUAA Capital appoints CEO of Real Estate
SHUAA Capital has announced the appointment of Walid El-Hindi as its CEO of Real Estate with immediate effect. Walid…
UAE’s gross banking assets stand at Dhs3.172tr by end of January
The UAE gross bank assets, including bankers’ acceptances, rallied to Dhs3.172 trillion by the end of January 2021, figures by…
Strategy& partners with Facebook on Lebanese SME initiative
Facebook has launched a new initiative to support struggling small- and medium-sized businesses in Lebanon, with leading global consulting firm…
CEO of Standard Chartered Africa and Middle East (AME) joins MoneyTap as a Global Advisor
MoneyTap has announced that Sunil Kaushal, the CEO of Standard Chartered Africa and Middle East (AME), will be joining them…
EBRD partners with Bank of Palestine to support Women in Business in the West Bank and Gaza
EBRD teams up with Bank of Palestine to support women entrepreneurs in the West Bank and Gaza Increased lending for…