Sovereign Contingent Liabilities in the GCC
Fitch Ratings expects government-related-entity (GRE) debt to continue to rise in the Gulf Cooperation Council (GCC) economies as governments use…
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Major Gulf indexes off to mixed start
Major Gulf stock markets were mixed in early trade on Thursday with the Abu Dhabi index leading gains boosted by…
Why Gulf Finance House's stock is suddenly turning active
This week DFM closed higher by 5.26 per cent while ADX was in the black by 2.91 per cent. …
Banks could lose up to $4.7trln in cumulative revenues due to COVID-19
Banks around the world could incur cumulative revenue losses of up to $4.7 trillion between 2020 and 2024, as the…
Nutanix appoints Chief Executive Officer
Nutanix has announced that its Board of Directors has appointed Rajiv Ramaswami as President and Chief Executive Officer, effective Wednesday,…
MEIRA appoints two new board directors
The Middle East Investor Relations Association have appointed two new board directors who will support the MEIRA mission to champion…
BNY Mellon Wins Global Custodian of the Year at the Global Investor MENA Awards
BNY Mellon was named Global Custodian of the Year at the Global Investor MENA Awards 2020. The awards, in…
Emirates Islamic launches digital banking platform
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched “businessONLINE” a digital business banking platform,…
Global Islamic finance assets expected to reach $3.69 trillion in 2024
Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released…
Burgan Bank places $500mln Tier 2 bonds in debt market
Burgan Bank, Kuwait’s second largest conventional bank by asset size, has placed $500 million Subordinated Tier 2 Capital Securities (bonds)…
New Head of Marketing & Communications for Al Salam Bank
Bahrain-based Al Salam Bank recently announced the appointment of Mahmood Qannati, as Head of the Bank’s Marketing & Communications department.…
Bahrain puts off new taxes, weighs longer relief
Bahrain could extend the duration of support measures to help businesses cope with the impact of the coronavirus after deploying…