Banks need to revamp cross-border business amid rising competition: BCG
Banks need to revamp their cross-border business as competition emerges in cross-border payments space; Boston Consulting Group has said in…
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CITC launches strategy to enter a new era of digital regulation
CITC aims to become a fifth-generation regulator in the International Telecommunications Union (ITU) rankings, as it progresses from a telecom…
Citrix appoints new country manager for Saudi Arabia
Citrix Systems has announced the appointment of Mohammed Kiki as Country Manager in the Kingdom of Saudi Arabia (KSA). …
Saudi Arabia, Google partner in plan to ‘level-up’ Mideast
Several Saudi ministries have teamed up with tech giant Google to launch a set of projects aimed at helping the…
The performance of Gulf banks
In previous articles, we touched on the expected financial performance of Gulf banks in light of the Corona pandemic, and…
QIB CEO honoured for 'Best Bank CEO Response to Covid-19 in Qatar' QIB named 'Best Managed Bank' during pandemic
Qatar Islamic Bank has announced the recognition of QIB Group CEO Bassel Gamal as the winner of the 'Best Bank…
500 Startups Appoints SHUAA Capital as an Advisor to its 500 Falcons I Fund
500 Startups has announced the appointment of SHUAA Capital, represented by Jassim Alseddiqi, as Advisor to its Falcons I fund…
Why Gulf investment in US property will rise again after coronavirus crisis
Gulf Arab and Middle Eastern investment in US real estate will continue to be steady in the medium and long-term…
Consortium of UAE investors comes to Jet Airways’ rescue
A consortium comprising a UAE-based entrepreneur and Kalrock Capital was given the final go-ahead to rescue the grounded airline Jet…
Standard Chartered and Experian drive financial inclusion
Costa Mesa-based global information services company Experian, has announced a partnership with Standard Chartered to drive financial access across key…
Turkish lira sliding as investors reject uncertainty, aggression – academic
The Turkish lira is hitting fresh record lows because investors do not like uncertainty, and the government’s hard-headedness and aggression…
Oman: CbC reporting requirements introduced for multinational enterprises
On 27 September 2020, the Oman tax authorities issued Ministerial Decision No. 79/2020, providing country-by-country (CbC) reporting requirements for multinational…