Israeli investor glee met with Emirati caution after deal on ties
From a proposed rail link to the Gulf from the Israeli port of Haifa, to quick-hop direct flights from Tel…
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Arcapita-Mumtalakat consortium exits NAS Neuron
Arcapita Group Holdings, the global alternative investments firm, and Bahrain Mumtalakat Holding Company, the sovereign wealth fund of Bahrain, announced…
Most Covid-19-induced positive behaviours are here to stay
Around two thirds of residents in the United Arab Emirates say that much of the changed habits, routines and practices…
PwC's partnership with Tanium lands in the Middle East
PwC has extended its international alliance with cybersecurity firm Tanium into the Middle East market. Internationally, the Big Four…
A Credit Suisse technology banker got a big job
Investment bankers are supposed to be flavour of the month at Credit Suisse under new CEO Thomas Gottstein, but this…
Digital payments surge as Ecommerce takes off in UAE
Consumers are increasingly moving away from cash and opting for contact-free and digital payments experiences – and they don’t expect…
Dubai business conditions see first progress in July: MUFG
Dubai’s purchasing managers index – a key indicator and barometer of the health of the economy – witnessed its first…
Union Properties in talks with other banks for debt reschedule
Union Properties confirmed that talks are on with multiple banks to set up new debt repayment terms like the Dh946…
Saudi public banks report 10% drop in H1 profits
Ten of the 11 publicly traded Saudi Arabian banks reported first-half aggregate profits of SR19.1 billion ($5 billion), down 10%…
UAE: Employees Seek Compensation for 'Working from Home' Expenses
Some UAE employees are asking their employers to pay for the additional costs of electricity - and even coffee -…
Abdulaziz Al-Shaya elected Chairman of Boubyan Bank by acclamation
Boubyan Bank has announced the election of Mr. Abdulaziz Abdullah Dakheel Al-Shaya as Chairman of the bank’s Board of Directors…
Gulf International Bank signs partnership with Alnahda
Gulf International Bank –Saudi Arabia recently announced the signing of a partnership agreement with Alnahda Society in Riyadh (Alnahda) to…