First Abu Dhabi Bank denies merger talks with Abu Dhabi Islamic Bank
First Abu Dhabi Bank said on Wednesday it was not in merger talks with Abu Dhabi Islamic Bank. The…
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Al Masraf accepts the resignation of its CEO
The Arab Bank for Investment and Foreign Trade has announced that the Bank’s board of directors accepted the request for…
Google starts digital engine to accelerate MENA's economic recovery
Google on Wednesday announced a major programme to support companies in the Middle East and North Africa, which in turn…
Saeed M. Al-Ghamdi, CEO and MD of the newly formed bank following the merger of NCB and Samba
Saeed M. Al-Ghamdi is managing director and CEO of the new bank that resulted from the merger between the National…
Israel's Leumi grants guarantee to First Abu Dhabi for Etihad flights
Bank Leumi said it had issued a dollar-denominated bank guarantee to First Abu Dhabi Bank (FAB), its first to a…
Saudi Shoura Council wants steps to reduce tax evasion
The Saudi Shoura Council on Wednesday urged the General Authority for Zakat and Tax to increase efforts to collect value-added…
Privacy should be top priority of cybersecurity, say experts at a Saudi-led webinar
The privacy of individuals and organizations should be at the heart of all cybersecurity services, experts at a Saudi-led webinar…
Blackrock appoints May Nasrallah as Non-executive Chairman and senior advisor for its Middle East business
BlackRock has announced that it has appointed May Nasrallah to the newly created position of Non-Executive Chairman and Senior Advisor…
Why the Middle East should balance both green and traditional energy finance
A new era of energy finance is emerging – and it is a greener one. Seismic shifts in nations’ low…
Year's biggest bank merger sealed as Saudi rivals reach US$15b deal
NATIONAL Commercial Bank, Saudi Arabia's largest lender by assets, agreed to buy rival Samba Financial Group for US$15 billion in…
7 positive indicators that reflected the strength of the UAE banking…
The operating income structure of the banking system in the country witnessed 7 positive indicators during the year 2019, which…
Taqadam doubles funding for upcoming startups in KSA
King Abdullah University of Science and Technology (KAUST) and its partner Saudi British Bank (SABB) will award SR10 million ($2.7…