Saudi SAMBA posts 2.1% rise in Q2 profit on debt gains, fee income
Saudi lender Samba Financial Group posted a 2.1% rise in quarterly profit, helped by fair-value gains on debt and higher…
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UAE business conditions improve for the second month in July
The UAE non-oil private sector registered a further recovery in business conditions during July amid a greater easing of lockdown…
Ford announces Jim Hackett to retire as President and CEO
Jim Hackett, who has led Ford Motor Company’s transformation since 2017 as president and CEO, has elected to retire from…
How To Understand The Family Offices Of The GCC
It is a universally acknowledged truth that no two family offices are the same, varying as they do by factors…
Trusts and Shari’a compliance
Over the next 10 years, more than $15 trillion is expected to be passed down to the younger generation. Succession…
Digital Media Company BMG Releases Business Chief EMEA August ’20
[BizClik Media Group (BMG)], announced today the release of Business Chief EMEA August 2020 edition. This month’s cover features…
Citigroup promotes Singapore retail bank head to oversee private client business in Asia, Europe
Citigroup said on Wednesday it had promoted the head of its wealth and retail banking business in Singapore to a…
Moody's – Decline in sukuk issuance to be limited by GCC financing needs
Moody's expects sukuk issuance to modestly decline by 5% this year to about $170 billion on the coronavirus crisis Gulf…
NetApp's Maya Zakhour takes on new role as Channel Director for MEA, Italy and Spain
NetApp® has announced that Maya Zakhour will take on an expanded role as Channel Director for Middle East and Africa,…
New AI-based mobile app "Wai-Eye" to assist schools in COVID-19 compliance
Gibraltar Technologies has announced the launch of Wai-Eye, an AI powered mobile app designed to equip schools to meet the…
2020 IBM Report: Average cost per data breach incident in the Middle East stands at $6.53 Million
IBM Security has announced the results of a Middle East study examining the financial impact of data breaches on organizations…
NBK Warns Customers Against the Spread of Coronavirus Related Fraud
Al-Mulla: We are constantly communicating with our customers to ensure they are aware of all types of fraud National…