Dar Al Takaful appoints CEO after acquisition of Noor Takaful
Completion of acquisition brings both companies a step closer to UAE’s second largest Islamic Insurance entity Dar Al Takaful has…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47780 articles available
National Bank of Bahrain Wins Middle East’s Best Bank Transformation Award
The Euromoney Awards for Excellence 2020, which is the world’s global financial sector’s most esteemed accolades, recently awarded a bank…
Dubai's Union Properties prepares three-year plan for a full-scale revival
Union Properties confirmed it has prepared a three-year plan that would help with its turnaround after a few years of…
UAE Team Emirates consolidate strong start in Europe
UAE Team Emirates further consolidated their strong start to the rescheduled cycling season with riders Diego Ulissi and Valerio Conti…
Israeli AI tech to assist Japan’s largest bank uncover promising Asian startups
MUFG Bank, Japan's largest bank, is doubling down on Israeli Artificial Intelligence technology, announcing on Friday a joint $80 million…
Saudi Aramco's Profit Plunges 73.4%, Deepening Budget Crisis
Saudi state oil group Aramco (2222.SE) on Sunday reported a 73.4% fall in second-quarter net profit, a steeper drop than…
Qatar raises QR94mn for Lebanon
The ‘Lebanon in Our Hearts’ fundraising campaign raised over QR94mn until late last night as Qatari citizens and organisations continued…
UAE Central Bank unveils more measures to shore up banks
The Board of the Central Bank of the UAE has decided on additional measures within the Targeted Economic Support Scheme,…
COVID-19 impact: UAE’s credit demand takes a hit in second quarter of 2020
The UAE banks witnessed a decline in credit appetite both for business and personal loans during the second quarter of…
Bahrain’s banks must help finance economic recovery
Banks in Bahrain must play a major role in helping the national economy recover from the global Coronavirus (COVID-19) outbreak…
United Arab Emirates: Economic substance considerations for reporting purposes
The economic substance (ES) regulations in the United Arab Emirates (UAE) require that “licensees” (e.g., resident entities licensed to carry…
Qatar- Commercial Bank wins Banker award for 'Innovation in Digital Banking'
Commercial Bank has been awarded The Banker Award for "Innovation in Digital Banking" in the Middle East 2020 in recognition…