Israel's Bank Hapoalim to Forge Ties With UAE Banks After Normalization Accord Signed
Israel's largest lender Bank Hapoalim expects to start working with banks in the United Arab Emirates once the two Middle…
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UAE fund invests in Israeli fintech firm that offers loans to SMEs, freelancers
New York-headquartered Salaryo, a fintech start-up that provides financing for small business and freelancers, has raised $5.8 million in a…
30 arrested in massive tax graft said to involve hundreds of millions of shekels
Thirty people were arrested Monday as police revealed they had cracked an allegedly massive graft plot involving hundreds of millions…
UAE rolls out new system to monitor and curb financial crimes
The UAE rolled out a new smart system named ‘Fawri Tick’ to monitor and curb terrorism financing in the country,…
Standard Chartered Cuts Private Bank Jobs in London, Dubai (1)
Standard Chartered Plc has started cutting jobs at its private-banking unit in London and Dubai, as the emerging-markets lender trims…
Bahrain’s ABC says in preliminary talks to buy Blom Bank’s Egypt business
Bahrain’s Bank ABC said on Tuesday it was in preliminary talks to buy Blom Bank’s Egyptian subsidiary, pitting it against…
Qatar's real estate transactions reach QR11.4bn during H1 2020
Qatar’s real estate market has weathered the fallout from the COVID-19 pandemic, as the country witnessed a significant pick up…
Qatar emerges as start-up capital of the Gulf region
Qatar, with massive investments in the process of economic diversification of the energy-rich economy, has established itself as the start-up…
Saudi Shura Council calls for health insurance for private sector retirees
The Saudi Shura (Consultative) Council has recommended the General Organisation for Social Insurance study various alternatives to facilitate private sector…
Bahrain offers dollar bond, sukuk to plug growing budget gap
Bahrain started marketing a three-tranche dollar bond to help plug its budget deficit. The Gulf nation is selling benchmark-size…
Lebanese banks to exit Iraq over increasing compliance demands
A number of Lebanese banks operating in Iraq have decided to shut down their operations in the country due to…
ADQ appoints new Chairman of Abu Dhabi Securities Exchange
ADQ has announced that H.E. Mohammed Ali Al Shorafa Al Hammadi has been appointed as Chairman of Abu Dhabi Securities…