Network International forecasts 17-20% revenue decline in first half
Network International Holdings plc provides an update on trading performance in the first half of the financial year and outlook…
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DFSA’s 2020 Summer Innovation Testing Licence Programme accepts largest number of innovative firms to date
The Dubai Financial Services Authority has announced that it has accepted 16 firms into its 2020 Summer Innovation Testing Licence…
Allianz SF rights issue 93.8% subscribed
Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) announced that a total of 37.5 million shares of the newly offered…
Over 100,000 cyber-attacks foiled in UAE last month, says TRA report
The National Computer Emergency Response Team, aeCERT, of the Telecommunications Regulatory Authority responded to approximately 103,408 cyber-attacks, during the month…
QNB 1st in MEA on The Banker’s list of ‘Top 1000 World Banks’
QNB Group, the largest financial institution in the Middle East and Africa (MEA), has maintained the first position in the…
COVID-19 impact: More financial sector mergers likely in Saudi Arabia, GCC
The offer from National Commercial Bank (NCB), Saudi Arabia’s largest lender by assets to acquire rival Samba Financial Group is…
Dubai witnesses 83% growth in Trader licences issued in first half of 2020
The DED Trader licence launched by the Business Registration & Licensing (BRL) sector in Dubai Economy (DED), enabling start-ups in…
Abu Dhabi’s Adnoc Hires Morgan Stanley Veteran Froehlich as CIO
Abu Dhabi National Oil Co., the state-owned energy giant that’s using its assets to attract foreign investors, appointed former Morgan…
ADIB records surge in demand for digital banking services
Abu Dhabi Islamic Bank has recorded high levels of digital adoption across its retail and corporate banking services in the…
Covid-19 accelerates digital transformation at private banks
As markets plummet and liquidity dries up even the most sophisticated investor can be shaken. That’s when they will call…
Why the crisis is an opportunity for innovative private banks
For the more innovative private banks, why does the pandemic represent a historic opportunity in terms of digital wealth management?…
Gold Funds Underpin Pandemic Price Rally as Jewelers Vanish
Western investors piling into gold in the pandemic are more than making up for a collapse in demand for physical…