Burgan Bank Announces First Quarter and Half Year Results of 2020
Burgan Bank Group (“Burgan”) announced today its Q1’20 and H1’20 earnings for the financial year 2020. For the period Q1’20…
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Bank Nizwa records 37% growth in net profits
Bank Nizwa, the leading and the most trusted Islamic bank in Oman continued its successful journey in the first half…
The Fintech Ecosystem of Dubai in 2020
Dubai, the largest city in the United Arab Emirates, is not only the country’s financial and commercial hub but has…
New appointments at OAB group
Oman Arab Bank’s Board of Directors has announced the appointment of Salaam Said Al Shaksy, former CEO of Alizz Islamic…
Algeria turns to Islamic finance to prop up economy
Algeria has launched Islamic finance products in a bid to attract money from the informal market, but bankers warn it…
How the world reacted to UAE, Israel normalising diplomatic ties
The United Arab Emirates has become the first Gulf Arab country to reach a deal on normalising relations with Israel,…
Saudi Wealth Fund Moves Billions From Blue Chips to ETFs
Saudi Arabia’s sovereign-wealth fund has sold shares valued at over $5.5 billion in several major multinational corporations just months after…
Tel Aviv Stock Exchange launches TASE Up, a new platform to access tech investments
The Tel Aviv Stock Exchange announced on Sunday the launch of TASE Up, a new tool to help “bridge the…
Saudi Arabia Launches a New Event Focused on Tech
The Kingdom of Saudi Arabia, or commonly in the Gulf Cooperation Council (GCC) region also known as ‘KSA,’ is putting…
Private sector job losses pose risks to asset quality and profits of UAE banks
Job losses across the private sector following the outbreak of COVID-19 pandemic and a contraction in economic activity resulting from…
Global businesses enjoy combined offshore and free zone benefits with RAKEZ Global Product
Ras Al Khaimah Economic Zone continues to increase Ras Al Khaimah’s international appeal with the introduction of its Global Product,…
Interview: Stanchart building bridges with Saudi Arabia
Standard Chartered’s relationship with Saudi Arabia is getting closer by the month, and Sunil Kaushal, the bank’s regional CEO for…