Riyadh and Bahrain among world's top FinTech ecosystems to watch, according to new report
Bahrain and the Saudi Arabian capital Riyadh have been named among the world’s top FinTech ecosystems to watch, according to…
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Dubai real estate fund ENBD REIT faces 'significant pressure'; asset value falls
Dubai’s ENBD REIT, a Shariah-compliant real estate investment trust, managed by the asset-management arm of Emirates NBD, has seen a…
Arab billionaires' fortunes jump $11bln despite the pandemic – Forbes
Arab billionaires have witnessed a surge in their fortunes despite the coronavirus pandemic, with a cohort of 21 individuals gaining…
PwC reveals cost optimisation measures high on the agenda for CFOs
PwC Middle East’s volume one of “Rethinking cost to drive value for your organisation” explores three (out of six) modern…
Huge rise in Commercial Bank contactless card taps
The Commercial Bank now sees over a million taps each month for its contactless debit and credit cards, a four-fold…
Qatar welcomes skilled Turkish workforce in private sector
The Qatar Chamber (QC) General Manager, Saleh bin Hamad Al Sharqi (pictured) said that Qatar and Turkey are associated with…
Turkish central bank raises swap auction limit to 60%
The Central Bank of the Republic of Turkey (CBRT) on Thursday increased its lira swap sale limits from 50% to…
UAE’s October and November Capital market performances and two strong movers
Most major Gulf markets struggled in the final trading session of the week on Thursday, as a rally fuelled by…
Growth of Islamic finance in numbers globally, in Saudi, and the UAE
Islamic finance (IF) is a way of doing financial transactions and banking while respecting Islamic law or sharia. IF is…
Moody’s reconfirms long-term deposit rating of QIB at ‘A1’ with a ‘stable’ outlook
Global credit rating agency Moody’s has reconfirmed the long-term deposit rating of Qatar Islamic Bank at ‘A1’, with a “stable”…
Why GCC bank profits will remain under stress despite Q3 revival?
The Gulf’s banking sector continued to report lower profits in the third quarter of 2020 according to reported data from…
MEEZA appoints Eng. Ahmad Abdulla Al Muslemani as CEO
In line with its strategy for scaling its operations and business across the Qatari market and beyond, the MEEZA Board…