Saudi’s National Commercial Bank buys Samba in $14.8B deal
Saudi Arabia’s National Commercial Bank said Sunday it will purchase rival lender Samba Financial Group in a deal valued at…
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Does The Market Really Need A Vaccine by Gary Dugan
• The markets have made progress of late despite the lack of vaccine approval • Good US service sector suggests…
A pioneer Swiss wealth manager gets ready for next phase of growth
Régis Burger, Head of Middle East & Africa at Julius Baer, spoke to Gulf News on why the Swiss wealth…
Over half of consulting firms in MENA recruiting fresh talent
Despite facing disruption from the Covid-19 industry, more than half of large consultancy firms in the Middle East are planning…
Banking innovations prod customers to go digital
Making use of the latest technology, banks in Qatar are prodding residents to go digital. Banks have rolled out innovative…
Oman plans to introduce 5% VAT from April 2021
Cash-strapped Oman is planning to introduce a 5 per cent value-added tax in April, following the lead of Gulf neighbors.…
Qatar to thrive as world’s top LNG exporter well into next decade: Apicorp
Qatar is expected to maintain its title as the world’s top LNG (liquefied natural gas) exporter well into the next…
ICE to launch ADNOC’s Murban oil futures early in 2021
Intercontinental Exchange said on Monday it planned to launch ICE Futures Abu Dhabi (IFAD) and trading in Murban futures contracts…
Aramco chief wins energy executive of the year award
Saudi Aramco’s president and CEO, Amin Nasser, has been named energy executive of the year by a panel of international…
Fitch Affirms Burgan Bank Turkey at 'B+'; Downgrades Viability Rating to 'b-'
Fitch Ratings has affirmed Burgan Bank A.S.'s (Burgan Bank Turkey) Long-Term Foreign-Currency Issuer Default Rating at 'B+'. The Outlook is…
Commercial Bank of Dubai hires banks for perpetual bonds
Commercial Bank of Dubai has hired a group of banks to arrange a global investor call ahead of a potential…
UAE Federal tax Authority introduces new version of eDirham
The Federal TAX Authority, FTA, has completed its preparations to join the Third Generation of the UAE’s eDirham system, which…