Lebanon court orders the seizure of bank governor’s assets
The order was issued following a lawsuit filed against Salameh by lawyers Hassan Adel Bazzi, Haytham Adnan Ezzou, Jad Othman…
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GCC construction market estimated at $2.5 trillion by end of June
With over 22,000 active projects, the GCC construction market has been estimated to be $2.5 trillion at the end of…
CBUAE issues commemorative gold and silver coins to mark the UAE hosting Expo 2020 Dubai
The Central Bank of the UAE has announced that it will be issuing commemorative gold and silver coins, on the…
Raya Holding offers securitized bond
Raya Holding for Financial Investments has obtained the necessary regulatory approvals to proceed with intended securitized bond issuance, according to…
Customer trust in UAE banks remains high, at 76%
More than three-fourth of UAE bank customers trust their banks, with 76 per cent having a high trust in the…
BCG Global Wealth Report 2020: 54.5 percent of the Kindom of Saudi Arabia's wealth in 2019 headed by millionaires
The 20th annual study of global wealth management conducted by Boston Consulting Group has taken a 20-20 view of the…
Mutasem Dajani succeeds Omar Fahoum as Deloitte's ME boss
Deloitte has appointed company veteran Mutasem Dajani as its new Chief Executive Officer for the Middle East. Dajani succeeds…
Blockchain poised to shape UAE's digital future
Blockchain technology is poised to shape the UAE's future as the nation adopts its digital economy agenda. Businesses have realised…
Qatar has lowest ‘2020 central government deficit-to-GDP ratio’ in GCC, says S&P
Qatar has the lowest “2020 central government deficit-to-GDP ratio” in the GCC at 10%, S&P Global said and noted fiscal…
QNBFS to start liquidity provision service for QIB on July 23
QNB Financial Services a financial brokerage subsidiary of QNB, will start liquidity provision activity for Qatar Islamic bank from Thursday…
UAE advice firm to open Portugal office
UAE-headquartered advice group AHR Private Wealth has said the firm is planning to expand its operation with an office in…
Faisal Islamic Bank's profit down 54% in Q1 2020
The consolidated financial results of Faisal Islamic Bank of Egypt showed a 53.6% year-on-year drop in its net profits to…