MUFG expects 2021 recovery in the MENA region
An MUFG MENA Economic roundtable suggested that the COVID-19 pandemic, combined with the oil price shock of the first half…
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QSE looking at dual listing of ETFs on Nasdaq
The Qatar Stock Exchange (QSE) is contemplating dual listing of the exchange traded funds (ETFs) on Nasdaq, a move that…
Scams and fraudsters on the rise, UAE central bank warns
Scammers are back and targeting hapless UAE consumers during a time of heightened uncertainty, according to the UAE Central Bank.…
Lebanon contracts Alvarez & Marsal to do forensic audit
Lebanon’s government agreed on Tuesday to hire a New York-based company to conduct a forensic audit of the country’s central…
NBE, Banque Misr support Egypt's Health Ministry by LE 60M to counter COVID-19
The Egyptian Ministry of Health and Population signed a cooperation protocol with the National Bank of Egypt and Banque Misr…
Banque Misr increases CI Capital stake to 10.16% with EGP 115m investment
Banque Misr raised its stake in CI Capital Holding for Financial Investments on Tuesday from 7.3% to 10.16%, buying 28.643m…
OAB opens new branch in Al Khoud
Oman Arab Bank opened its new branch in Al Khoud, Muscat recently. The branch was shifted from its previous location…
Chimera Capital LLC launches the first exchange-traded fund tracking S&P Shariah-compliant index in the UAE
Chimera Umbrella Fund - Chimera S&P UAE Shariah ETF – Share Class A – Accumulating Chimera Umbrella Fund - Chimera…
Meet the UK startups thriving in Abu Dhabi
With the massive economic downturn brought on by the recent pandemic, many British business owners have their hands full securing…
EBRD backs Egypt’s largest local currency bond issuance
EBRD’s third participation in EGP 20 billion securitisation local currency bond programme of El Taamir Support for New Urban Communities…
USD15 trillion to be passed to Millennials, Gen X and Y in the next decade
Over the next 10 years, more than USD15 trillion is expected to be passed down to the younger generation, a…
QNBFS to start liquidity provision service for QIB on July 23
QNB Financial Services (QNBFS), a financial brokerage subsidiary of QNB, will start liquidity provision activity for Qatar Islamic bank (QIB)…