Turkey eyes more exits by year-end, investments to grow for startups
Foreign investors have turned to Turkey to benefit from increased monetary expansions caused by the coronavirus outbreak and the recent…
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Stranded residents no longer need entry permit to return to UAE
UAE expatriates who are stranded abroad due to the coronavirus pandemic will no longer need to apply for entry permit…
Kuwait: Parliament to Discuss 7 Bills Aiming at Reducing Expat Population
A high-level parliamentary committee in Kuwait is currently studying as many as seven bills seeking to reduce the number of…
QIB rewards cardholders with additional Absher points
Qatar Islamic Bank has announced a seasonal offer to reward its customers on summer and back to school purchases performed…
Lira rebounds after Turkey ditches cheap bank funding
Turkey’s lira rebounded 1.8% yesterday and was on track for its best day in 10 weeks after the central bank…
Emaar Malls posts $94mln H1 net profit
Emaar Malls, the Dubai-based developer of shopping malls and retail assets, announced on Tuesday a first-half net profit of Dh345…
GCC Chief condemns Turkish threats against UAE
The Gulf Cooperation Council, GCC, Secretary-General, Dr. Nayef al-Hajraf, condemned on Tuesday the threats some Turkish officials have made against…
Private firms told to cut Saudi staff enjoying compensation
The General Organization for Social Insurance has directed private establishments, least affected by the coronavirus pandemic, to reduce the percentage…
EBRD provides Banque Misr with $100M loan BY
The European Bank for Reconstruction and Development announced Tuesday approving the provision of a senior unsecured loan to Banque Misr…
Global commercial real estate markets feel impact of COVID-19
The impact of the COVID-19 pandemic is being felt in global real estate markets, with commercial real estate investment volumes…
CIH Bank automates corporate banking services with Finastra
Finastra has announced that CIH Bank has gone live with Fusion Corporate Channels and Fusion Trade Innovation, to digitize its…
Bank of Singapore expands Middle East footprint
Bank of Singapore (BOS) has entered into a partnership with Doha Bank to provide wealth management solutions in the Middle…