Why global restructuring firms are embarking on Gulf hiring spree
The world’s biggest restructuring firms are boosting their presence in the Gulf region, anticipating a spate of turnaround work as…
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Crown Agents Bank names Finablr's Bhairav Trivedi as CEO designate
Crown Agents Bank has announce the appointment of Bhairav Trivedi as CEO Designate. His appointment is subject to the…
Saudi's NDMC announces closure of January issuance of sukuk program
The National Debt Management Center (NDMC) at the Saudi Finance Ministry announced on Wednesday the closure of the January 2021…
Egypt’s holdings of US Treasuries hit $2.244bln in November 2020
Egypt’s holding of US Treasuries rose to $2.244 billion in November 2020, hitting its highest level in two years, compared…
Sharjah Islamic Bank posts Dh405.8m 2020 net profit
Sharjah Islamic Bank (SIB) on Wednesday reported a net profit of Dh405.8 million compared to Dh545.5 million for the year…
ENBD marks listing of $750m bond at Nasdaq Dubai
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD (ENBD), rang the market-opening bell at Nasdaq Dubai…
New fintech firm launches Dubai banking services targeting SMEs
A new fintech firm targeting small and medium-sized enterprises (SMEs) in the region has launched in Dubai. SH Capital…
UAE telecom giants Etisalat, Du increase foreign ownership limit to 49%
UAE's telecom giants Etisalat and Du have raised foreign ownership caps to 49 percent in a move to attract external…
Dubai regulator to develop cryptocurrency framework
Dubai Financial Services Authority (DFSA) has announced plans to draw up a regulatory framework for the UAE's nascent cryptocurrency sector.…
Central Bank of Turkey to release interest rate decision
The Central Bank of Turkey will today announce today the routine interest rate decision for January. The official statement…
Even 12-month rent-frees are on offer for office rentals in Dubai
This could be the best time for businesses in Dubai to look at rental options – more landlords are willing…
Egypt expected to restore pre-pandemic real GDP growth at 5.5% during FY2020/21
Egypt is expected to be the only country in the Middle East to restore pre-COVID-19 real GDP growth rates in…