Sovereign wealth funds reveal COVID-19 impact on global economy
A recent study revealed how sovereign wealth funds (SWFs) are looking at the near-term investment environment. The report published…
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Gold could head as high as $3,400, VanEck CEO says as metal pulls back from records
Gold could soon regain its shine, according to one ETF issuer. The precious metal is nearly 5.5% from its…
Oman secures $2bln bridge loan – sources
The government of Oman has signed a one-year $2 billion bridge loan with a group of international and regional banks,…
Shuaa Capital returns back into black
Asset management and investment banking firm Shuaa Capital returned back into black in the first-half of 2020, posting net profit…
Commercial Bank launches CB Instant Account opening through mobile
Commercial Bank, Qatar’s first private bank, announced the launch of a new account opening facility named as ‘CB Instant Account’,…
MoPH updates list of Covid-19 low risk countries
Ministry of Public Health (MoPH) has revised the list of low risk countries on its website. People travelling from these…
Qatar Fintech Hub to run 'virtual pitch' days to select participants for its 12-week course
The Qatar Fintech Hub (QFTH) will run the 'virtual pitch' days next week for its first wave of Incubator and…
UAE banks headed for more job losses in second half of 2020
UAE banks, especially those with large retail operations are headed for more redundancies as businesses is contracting fast and margins…
How to avoid falling victim to payment scams
If this unprecedented global pandemic has taught us one lesson on personal responsibility, it is that being aware and cautious…
Samba Financial gains approval for DIFC branch
Samba Financial Group, the Saudi Arabian bank that is currently in $15.6bn merger talks with compatriot National Commercial Bank, has…
SABB’s Waafer savings account voted ‘product of the year
The Saudi British Bank’s Waafer savings account has won the “Product of the Year” award for 2020 in the Kingdom.…
HashCash Partners with UAE Bank to Help with Blockchain Digital Identity
Extending their expertise in the blockchain domain, HashCash Consultants has partnered with a UAE based global bank to help them…