Credit Suisse appoints new CEO for business in Israel
Credit Suisse on Monday appointed Hila Goldenberg as chief executive officer of its business in Israel. Goldenberg, who has…
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Egypt- CIB named Bank of the Year, Credit Agricole most efficient: Business News
Business News, Daily News Egypt's parent company, has revealed the results of its annual index for Bank of the Year…
The world’s first gold-backed digital gold currency launched in the Gulf Cooperation Council, Middle East and Africa
IBMC Financial Professionals Group has joined hands with US Gold Currency Inc and Blockfills to bring the world’s first monetary…
CBE confirms financial soundness of banks operating in Egypt
The Central Bank of Egypt said that the nonperforming loan ratio declined to 4.1% in the Egyptian banking sector in…
Lebanese central bank’s accumulated losses reach $49 billion, says report
The International Monetary Fund has warned Lebanon that its central bank has accumulated losses of as much as $49 billion,…
Azizi Developments sees Dubai property sector recovering in early 2021
Dubai property developer Azizi expects the emirate's property market to rebound and recover early next year, as the company looks…
Qatar’s banking system supported by strong regulatory framework, solid capital and liquidity: EIU
Qatar’s commercial banks have been increasing liquidity from abroad in the form of a number of debt issues, and cash…
Gold on track for its best quarter since 2016, flirting with key US$1,800 an ounce level amid coronavirus, other uncertainties
Gold has been on fire again, itching to reach a key US$1,800 an ounce resistance level as it heads toward…
DGCX, Albilad partner to provide pricing data for ETF
The Dubai Gold and Commodities Exchange has partnered with Albilad Capital to provide pricing data for the company’s recently launched…
Ahli Bank seals strategic partnership with Dhofar Insurance
Oman-based Ahli Bank said it has entered into a strategic alliance with Dhofar Insurance Company, a market leader with a…
The hunt for yield is harder for investors but opportunities still exist
As returns on cash collapse, bond yields plunge and companies suspend their dividends, generating income from your portfolio has got…
Middle East sees M&A activity boom despite Covid-19 crisis
The merger and acquisitions activity in the Middle East region is reviving as governments take measures to diversify their economies…