QNB launches new contactless campaign for Mastercard cardholders
QNB Group has launched an exclusive marketing program that offers QNB Mastercard cardholders the opportunity to win valuable daily prizes…
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APICORP issues $750mln five-year bond
The Arab Petroleum Investments Corporation has issued a $750 million five-year bond. The issuance is part of APICORP’s $3…
Lebanon team of IMF negotiators loses another key official
A key member of the Lebanese government team negotiating a bailout from the International Monetary Fund resigned yesterday, the second…
Saudi net foreign assets rise for first time since January
Saudi Arabia’s net foreign assets rose in May, reversing three months of declines. The stockpile climbed by about SAR3bn…
Qatar participates in 20th meeting of GCC Committee of Capital Markets Authorities
The State of Qatar participated in the 20th meeting of the GCC Committee of Heads of Capital Markets Authorities originating…
Qatar banking sector challenges to be cushioned by system’s resilience and strength: KPMG
The financial year 2019-2020 has been a “challenging” one for banks operating in Qatar, KPMG said and noted the “overall…
Saudi’s Islamic Development Bank lists $1.5bn sustainability sukuk on Nasdaq Dubai
Saudi Arabia’s Islamic Development Bank has listed a $1.5bn sukuk on Nasdaq Dubai and will use the capital raised to…
Lebanese banks raise USD withdrawal rate to 3,850 pounds/dollar
Lebanese banks raised the exchange rate to 3,850 pounds per dollar for withdrawals from U.S. dollar accounts, bankers said on…
Egypt's Mansour Group tops list of Arab family businesses. Which are the rest?
Forbes Middle East has posted its ranked list of the most powerful Arab family businesses in 2020. The list…
Pausing For Breath
• Markets pause as COVID cases rise • We see risks to the upside balancing the near term downside…
QFTH open to include Islamic fintechs, SMEs in first wave of IAP
Qatar Fintech Hub, co-founded by Qatar Development Bank (QDB), is open to include fintechs specialising in Islamic finance, regulatory framework…
7 benefits of a UAE foundation
Leevyn Isabel details the key benefits of establishing a foundation in the UAE, explaining how they provide both expats and…