Oman Development Bank grants loans worth over OMR120mn
Oman Development Bank has worked on increasing its finance to the industry sector by offering loans worth more than OMR120…
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Middle East startups are getting way too 'overvalued', says Israeli tech investor whiz
COVID-19 has done its bit for technology and tech firms everywhere, by making them central to everyday lives. But there…
Saudi Wealth Fund Joins Qatar, UAE Peers in Private Lending Rush
Saudi Arabia’s $400 billion Public Investment Fund became the latest sovereign investor to enter the growing market for direct lending.…
Owners of multiple 'sole businesses' need have only one VAT registration: FTA
Anyone owning multiple 'sole businesses' in the UAE need only one tax registration for all of them, according to the…
Shareholders to vote on Saudi's NCB and Samba merger next month
Shareholders in both National Commercial Bank (NCB) and Samba Financial Group (Samba) are to vote on the merger of the…
GCC Consumer Confidence out performs that of G8 Nations
Consumers in the GCC are among the world’s most optimistic when considering a post-Covid future according to the Inaugural Ding…
J. P. Morgan Asset Management appoints head of investment stewardship for EMEA
J.P. Morgan Asset Management has appointed Yo Takatsuki as head of investment stewardship for Europe, the Middle East and Africa.…
Al Ahli Bank of Kuwait (ABK) Appointments Omar Whaby as Chief Executive Officer- UAE
Al Ahli Bank of Kuwait this week has announced the appointment of Omar Wahby as CEO – UAE. Omar has…
UAE Central Bank sees a strong return to GDP growth this year
The UAE Central Bank governor expects to see a strong return to GDP growth in for the country in 2021…
UAE investors are optimistic about their region's economy, UBS survey finds
COVID-19 remains the top concern for UAE investors, followed by climate change and fear of a market downturn 9…
Kamco Invest- Saudi appoints Chief Executive Officer
Kamco Invest has announced the appointment of Ibrahem Al Shariadah as Chief Executive Officer for its operation in Saudi Arabia.…
NBB Group to migrate its SWIFT system to Amazon Web Services
The National Bank of Bahrain Group has announced that it is the first bank in the MENA region to have…