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…
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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…
Turkish central bank to stay on hold amid inflation risks
Following a surprising end to its long rate cutting cycle, which started in mid-2019 with the objective of lowering the…
Ahlibank posts half-yearly net profit of QR294mn
Ahlibank has posted a net profit of QR294mn for the first six months of the year (H1) that ended in…
Emirates Islamic announces First Half 2020 Financial results
Emirates Islamic has announced its financial results for the half year ending 30 June, 2020. The Bank reported a…
Kuwait banking sector to remain stable, strength depends on length of crisis – c.bank
Kuwait's banking sector is expected to remain stable to a large degree, the central bank governor said in a report…
BNY Mellon Secures Custody Licence from Saudi Arabia’s CMA
The Capital Market Authority (CMA) recently announced that it has come to the resolution to authorise BNY Mellon Saudi Financial…
Exclusive: Kuwait scrambles to boost coffers with up to $16 billion debt plan
Kuwait plans to issue between 4 billion and 5 billion dinars ($13 billion to $16 billion) in public debt by…