Over 50% of UAE residents have stopped or reduced saving due to the pandemic
New research* from Quilter, the wealth manager, reveals that the Covid-19 pandemic has caused more than half of people in…
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Afro-Asian insurers federation selects Medmark as 'Best Customer Service Provider' of the year
Medmark has been recognised as 'Best Customer Service Provider' of the year by the Federation of Afro-Asian Insurers & Reinsurers…
Turkish banking industry loans shrink slightly after central bank rate hikes
Turkish banks’ total loans shrunk slightly in the week ending Dec. 4 after the central bank hiked interest rates and…
How will COVID-19 change the GCC small business landscape?
We look at three aspects of the COVID-19 crisis that impact SMEs. Salesforce recently published the fourth edition of…
New regulation ensures financial sustainability for insurance companies
The Capital Market Authority (CMA) has issued a new organisational regulation to organise the investment of the insurance companies’ assets…
Stantec names Anas Kassem as Head of Middle East team
Anas Kassem joins the Canada-listed firm from rival WSP, where he spent over three decades across a range of roles…
KPMG leaders on Saudi's Q3 banking sector performance
Despite the Covid-19 induced downturn, the lending space in the Saudi banking sector has continued to book growth, in particular…
A roundup of BCG's Middle East CEO and Leaders Forums
The invitation-only event was opened by Joerg Hildebrandt, a German-origin senior partner at Boston Consulting Group and Head of the…
UAE’s loan growth and liquidity pick up pace in Q3-2020
Total credit in the UAE increased 0.8 per cent quarter-on-quarter, reaching Dh1.8 trillion at the end of September. On an…
Saudi NWC launches Makkah sewage plant operations
Saudi Arabia's National Water Company said it has started the operation of the Rabigh sewage treatment plant (STP) project being…
KFH–Bahrain appoints Hamed Mashal as new Head of Retail Banking
Kuwait Finance House – Bahrain announced the appointment of Mr. Hamed Yousef Mashal as Head of Retail Banking, demonstrating the…
Bank ABC wins 2020 Gartner Eye on Innovation Award
Bank ABC has been named the winner of the 2020 Gartner Eye on Innovation Award for financial services in Europe,…