Top US consultancy withdraws from 'crucial' central bank work
Alvarez & Marsal has exited its role as consultant to Lebanon’s central bank, after a sustained standoff saw the financial…
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Maha Rashad named head of Simon-Kucher's office in Egypt
Simon-Kucher & Partners has appointed Maha Rashad as Managing Director of its Cairo office. The international strategy and sales…
Emirates NBD unveils next-generation global corporate banking platform, ‘businessONLINE’
Emirates NBD, has unveiled its next-generation global corporate banking platform, ‘businessONLINE’. The Group-wide, single instance, omnichannel platform delivers a…
Mandate qualifications for advisers, UAE regulator urged
The investment adviser segment of the financial services industry in the UAE is calling on the authorities to prescribe a…
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…
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…