Egypt's expats become opportunity for $61bn fund manager
Egyptian stocks have attracted the attention of Azimut Holding, with the $61 billion money manager targeting the North African country’s…
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Qatar Central Securities Depository registered QR600mn in treasury bills in June
The Qatar Central Securities Depository said yesterday that it registered QR600mn in treasury bills issued by the Qatar Central Bank …
Lockton Insurance Brokers UAE announces new appointments as it grows its UAE retail operation
Lockton Insurance Brokers UAE has announced the appointment of its new Chief Executive Officer, Faris Khatib. Khatib will provide executive…
Doha Bank bid to bring in more financial firms from Japan to invest in Qatar’s capital market
Doha Bank is strengthening operations in its rep office in Japan to bring in more financial institutions from there to…
DIFC Presidential Directive in response to COVID-19 ends on July 31
Dubai International Financial Centre on Wednesday said that the Presidential Directive announced in the last week of April in response…
Saudi banks witnessed improving profitability in Q1 2020 – A&M
Profitability at Saudi Arabia’s top banks improved during the first quarter of the year. However, the sector will face challenges…
Al Salam Bank-Bahrain announces its virtual internship programme
An intensive career planning and development session, in partnership with the Bahrain Institute of Banking and Finance, is the…
Israel cenbank’s Abir says buying corporate bonds to prevent layoffs
The Bank of Israel’s decision to start buying corporate bonds should enable companies to issue debt and prevent further layoffs…
Saudi Arabia spends more than $57 billion on coronavirus stimulus
Saudi Arabia spent more than SR214 billion ($57 billion) on 142 initiatives to tackle the impact of the coronavirus in…
$8bn blow to Erdogan as investors flee Turkey
Foreign capital is flooding out of Turkey in a massive vote of no confidence in President Recep Tayyip Erdogan’s economic…
One fifth of Middle East bank holders now use FinTech solutions
A Deloitte survey across nine key markets in the Middle East has found that despite a growing willingness to adopt…
Dubai Startup Hub and Dtec select winners for phase one of EDP
Dubai Startup Hub, an initiative of Dubai Chamber of Commerce & Industry, and Dubai Technology Entrepreneur Campus have selected the…