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…
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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…
Oman Insurance strings together Dh110.2m in first-half 2020 profit
Oman Insurance Company, one of the heavyweights in the UAE insurance space, recorded net profits of Dh110.2 million in the…
UAE- Mashreq Al Islami Income Fund surpasses $150m assets under management
Mashreq Capital has announced that its Mashreq Al Islami Income Fund has surpassed $150 million in assets under management, and…
Italian FinTech partners with Abu Dhabi company on scheme to offer loans
A financial technology company that lends money to businesses on stock in their warehouse is set to launch in the…
Dubai among most affordable prime residential property markets globally in first half, Savills says
Dubai's property market became more competitive globally, as prime residential property capital values declined 3 per cent in the first…
Saudi anti-graft watchdog probes 218 cases
Saudi Arabia’s Control and Anti-Corruption Authority (Nazaha) has investigated 218 corruption cases in different government sectors, the Saudi Press Agency…
Saudi governor reviews NGOs integration efforts
Prince Faisal called on all stakeholders to take advantage of the initiatives introduced by the council to achieve their objectives…