Moody’s affirms Barwa Bank’s credit rating at ‘A2/Prime-1’ with ‘stable’ outlook
Barwa Bank announced that Moody’s, the global credit rating agency, has affirmed its long-term credit rating at ‘A2/Prime-1’, with a…
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NBK reports KD 111.1 million net profit for the 1H 2020
Al Sayer: NBK is committed to supporting Kuwait’s economy to ease the impact of the pandemic and will be a…
IMF may give Lebanon a smaller funding relief than it actually needs
Lebanon may only count on the International Monetary Fund for as little as half the bailout it had originally sought…
Kuwait Investment Authority goes legal against former officials
Kuwait Investment Authority, the fourth-largest sovereign wealth fund, is caught up in a legal dispute with former managers at its…
Abu Dhabi Commercial Bank cuts employees
Abu Dhabi Commercial Bank is letting go hundreds of employees - the latest in a round of lay-offs by regional…
UAE residents warned against divulging bank details, personal information to random callers
Have you received a call from someone claiming to be a bank representative and asking you for your personal information?…
DFSA alerts institutions to increased risk of cyberattacks
DFSA’s Cyber Threat Intelligence Platform (TIP) gaining more traction Since the Dubai Financial Services Authority launched the DFSA Cyber Threat…
Damac, Arabtec stock rallies keep UAE markets buzzing
Major UAE real estate sector stocks are on a tear with Arabtec rallying 14.85 per cent and Damac gaining 8.25…
Tom De Waele on Bain & Company's Middle East ambitions
With a team of over 25 partners and 300 professionals, Bain & Company is one of the leading strategic consultancies…
Gold may correct to $1,700 near-term, but bounce back to $2,500
Gold prices, which touched an all-time high of $1,944.66 an ounce on Monday afternoon, will see a correction in the…
DFM appoints Hassan Al Serkal as Chief Executive Officer
Hassan Al Serkal: “looking forward to achieve DFM’s strategic objectives and strengthen its position amongst the leading financial markets” Dubai:…
HSBC arranges first green export credit agency loan for Saudi ministry
Lender HSBC arranged a $258m export credit agency loan for Saudi Arabia’s Ministry of Finance. HSBC acted as a…