5 recent banking bot announcements in Asia
Banking bots are an application of artificial intelligence used across the financial services industry. These chatbots are said to deliver…
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Federal Council adopts dispatches on new double taxation agreement with Bahrain and amendments to DTA with Kuwait
During its meeting on 26 August 2020, the Federal Council adopted the dispatches on a new double taxation agreement (DTA)…
Manama ranked most financially attractive city in the world
Manama has topped the list of the world’s most financially attractive cities, with Riyadh, Kuwait City, Abu Dhabi Dubai and…
Is Bahrain partially turning the corner financially?
Bahrain is strapped for cash and will seek financial support from neighboring GCC countries amid the double whammy of low…
UAE bank profits signal slow recovery for Q3: A&M
While the top UAE banks reported a peripheral increase in profitability, the outlook for the domestic banking sector still remains…
Nasdaq Dubai signs agreement to attract Chinese listings to Dubai
Nasdaq Dubai has announced the signing of a strategic cooperation agreement with Hong Kong-based Zhongtai Financial International and Beijing Tian…
KPMG moves to “world-class” office in Dubai’s Central Business District
KPMG on Wednesday said it was moving more than 950 staff members from its offices in Dubai and Sharjah to…
Qatar banks’ assets expand in double digit in July on robust credit offtake
The private and public sectors witnessed robust credit offtake, leading to Doha’s commercial banks’ assets expand in double digit year-on-year…
Top ten UAE banks’ Q2 profits surged 21.2 per cent compared to Q1
Top 10 UAE banks posted a 21.2 per cent jump in their net profits for the April-June quarter compared to…
IQ convenes EGM on Sept 13 to seek approval for Qafco stake buy
Market heavyweight Industries Qatar has convened an extraordinary general assembly meeting on September 13 to seek shareholders’ approval for the…
GCC corporate earnings plunge 60.7% in Q2
Combined profit of most GCC-listed companies plummeted 60.7 per cent year-on-year in the second quarter 2020 to $15.7 billion as…
Barwa Bank announces successful exit of education investment in Qatar
Barwa Bank has announced the successful closure of the education investment launched by its wholly owned subsidiary, The First Investor …