Lebanese banks under more pressure after landmark UK ruling
An English High Court has ruled that Lebanese citizens living in the EU do not have to be in Lebanon…
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Saudi Arabia: New rules to help regulate money exchange business
The Saudi Monetary Authority has issued new rules regulating the money exchange business in the kingdom, to combat money laundering…
DIFC and Dubai Future Foundation collaborate to make the Emirate a Leading City of the Future
New Memorandum of Understanding (MoU) signed to drive the future of finance in the region Agreement will see the counterparts…
Arab central banks, monetary institutions to discuss implications of COVID-19
Governors of central banks in the Middle East will meet, along with Arab Monetary Institutions, on Sunday, to discuss the…
Head of Israel's biggest bank expects deals soon with UAE
Israel’s biggest bank expects to strike deals soon with major lenders in the United Arab Emirates for the first time,…
Dubai-listed Al Ramz names new CEO to head brokerage firm
UAE-based Al Ramz Capital, a securities and brokerage firm, has appointed a new chief executive officer (CEO). Karim Schoeib,…
Saudi banks face squeeze on profitablility
The profitability outlook for Saudi banks remains subdued, as a result of the twin effects of low oil prices and…
Distance education will contribute to developing digital economy, say experts
Distance learning will push Saudi Arabia forward on the path to digital transformation, experts say. It is one of…
Saudi Arabia tightens anti-money laundering curbs
Saudi authorities have approved a set of new rules for the operation of foreign exchange offices in the kingdom as…
Covid-19 accelerates urgency of people wanting to retire in secure countries
When Kiran Viswam, an Indian supply chain analyst who has lived in Dubai for 25 years, heard about the emirate's…
UAE-Based Fund Invests In Israeli Fintech Startup Salaryo
Israeli fintech firm Salaryo, a platform that provides freelancers and small businesses with access to instant, flexible and affordable financing,…
UK real estate group Montague names Mideast head
UK boutique luxury real estate firm and private office Montague Real Estate has announced the appointment of Luke Banks, formerly…