COVID-19: Dubai resident used a microwave to disinfect his cash
Police have warned residents not use innovative ways to disinfect their cash and to stick to disinfectant sprays and antiseptic…
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Emirates Islamic named ‘Islamic Bank of the Year – UAE 2020’ by The Banker
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that it has been awarded the…
New body speeds up processing of Saudi judicial liquidation
Local and international licensed companies in chartered accounting, legal services, judicial custody, treasury and other areas are to benefit from…
Citigroup continues investments in EMEA region’s treasury, trade solutions
The Middle East might come out of the recession caused by the novel coronavirus (COVID-19) pandemic later than some other…
$800bn plan to turn Riyadh into cultural hub for the Middle East
Saudi Arabia is launching a SR3 trillion ($800 billion) plan to double the size of Riyadh in the next decade…
ADNOC hires Morgan Stanley veteran as CIO
Abu Dhabi National Oil Co., the state-owned energy giant that’s using its assets to attract foreign investors, appointed former Morgan…
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…
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…