Dubai property prices decline by 0.9%, rents fall by 6.9% in Q3 – central bank
Residential property prices in Dubai declined on average by 0.9 percent year-on-year (Y-o-Y) in the third quarter of 2020, the…
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Egypt central bank forecast to keep interest rates unchanged
Egypt's central bank is set to leave its main interest rate on hold on Thursday, a Reuters poll showed, possibly…
Russo Brothers Received Close to $50 Million From Saudi Bank (EXCLUSIVE)
The Russo brothers, directors of the all-time top grossing film “Avengers: Endgame,” quietly secured a roughly $50 million cash infusion…
Western Union buys 15% stake in Saudi Telecom's digital payment unit
Western Union, the world's largest money transfer firm, has acquired a 15% stake in the digital payment unit of Saudi…
Riyadh labeled a top fintech ecosystem to watch by 2020 report
In its 2020 global report, research organization Startup Genome named Riyadh as one of the top 20 cities to watch…
Lebanon parliament clears way for forensic audit of central ban
Lebanon’s parliament Monday approved a bill that suspends banking secrecy laws for one year to allow for a forensic audit…
Saudi sovereign wealth fund hires new corporate finance head, makes other changes
Saudi Arabia's sovereign wealth fund has hired Fahad al-Saif, the chief executive of the finance ministry's debt management centre, as…
UAE Central Bank to introduce Monetary Bills
The Central Bank of the UAE (CBUAE) announced on Monday that effective 11th January, 2021, a new securities issuance programme…
Saudi sovereign wealth fund PIF makes key leadership changes
Saudi Arabia's sovereign wealth fund, Public Investment Fund (PIF), has appointed Fahad al-Saif, the chief executive of the finance ministry's…
JPMorgan Ousted as Mideast-Africa’s Top Dealmaker by U.S. Rivals
JPMorgan Chase & Co. is no longer the top dealmaker in the Middle East and Africa after losing ground this…
al khaliji supports QAS
Al Khalij Commercial Bank (al Khaliji) P.Q.S.C., Qatar’s next generation bank, has donated to the Qatar Autism Society (QAS) in…
QDB extends National Guarantee Programme applications to June 15
Qatar Development Bank has extended the duration of receiving applications for the National Guarantee Programme until June 15, 2021, noting…