Commercial Bank shines in Kuwait, receives Social Responsibility Award
DotSpace, Commercial Bank’s creative agency, has received the Social Responsibility Award at the Arab Media Forum’s 8th Kuwait Creativity Award…
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Ahlibank celebrates 'Long Service Awards'
Ahlibank has recognised 60 long-serving employees who have been with Ahlibank from five to 25 years during its yearly ‘Long…
Al Mal Capital's REIT raises $95.3mln in IPO ahead of Dubai listing
Asset management firm Al Mal Capital has raised 350 million dirhams ($95.29 million) from the initial public offering (IPO) of…
UK's Sainsbury's picks National Bank of Oman for Middle East operations
The National Bank of Oman has been chosen as the onshore banking partner for the distribution arm of UK’s retail…
Just days to go for UAE businesses to comply with 'Economic Substance Regulations'
Now is the time for UAE corporates to comply with the ESR (Economic Substance Regulations) before the deadline of December…
Arab Monetary Fund announces full live operations of Buna
The Arab Monetary Fund has announced today that Buna (the regional cross-border payment system owned by the AMF) is currently…
Over 80 New Fintech Initiatives Joined Dubai International Financial Centre in H1 2020, a 75% YoY Increase
Although Dubai’s economy is projected to contract by 6.2% this year, with the travel and hospitality industries hit really hard…
Italy's Gellify seeks Middle East start-ups with fund that could hit $50m
Italian-based B2B software start-up focused accelerator and investor, Gellify, has expanded into the Middle East with ambitious plans to recruit…
Digital Financial Services in Egypt are Still Not Widely Adopted but May Grow Steadily, Fintech Entrepreneur Reveals
Many more Egyptians are now using online or all-digital platforms and services, and the nation’s government is planning to support…
Saudi banks’ profitability pressures to spill over into 2021
Saudi banks witnessed an improvement in profitability in the third quarter of 2020 largely driven by higher lending and lower…
ADCB reveals business strategy in Egyptian market during coming period
Ihab El Sewerky, CEO and Managing Director of the Abu Dhabi Commercial Bank – Egypt (ADCB), has revealed the bank’s…
UAE-Israel greentech cooperation shows tremendous potential
The blossoming UAE-Israel relationship has tremendous potential to contribute not only to both countries and the wider Middle East, but…