Qatar Central Bank announces Eid Al Fitr holiday
Qatar Central Bank announced Tuesday that the Eid Al Fitr holiday for the current year for all financial institutions in…
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These 9 UAE companies rank among the world's Top 2,000
Nine UAE firms have made it to the list of the world's top 2,000 companies, becoming the second most represented…
Oman Arab Bank appoints new deputy CEO
Oman Arab Bank recently announced the appointment of Sulaiman bin Hamad Al Harthy as the Deputy Chief Executive Officer -…
National Bank of Oman Ends 2019 With Solid Financial Results
National Bank of Oman held its Annual General Meeting and Extra Ordinary General meeting this week. Conducted online following…
UAE fintech Ziina rolls out mobile money transfer app
UAE fintech startup Ziina, which recently raised a $850,000 funding, has launched a mobile-to-mobile payment service for instant money transfer…
CI Capital Holding's profit falls 17% in Q1-20
The consolidated financial statements of CI Capital Holding For Financial Investments showed a 17% year-on-year (YoY) drop in its net…
Egypt says proposed standby funding from IMF aimed at helping businesses
Egypt’s talks with the IMF about a standby loan to help it through the coronavirus pandemic will focus on structural…
Abu Dhabi issues more bonds in the international market to raise cash
Abu Dhabi raised more money from international debt markets just weeks after a $7 billion bond sale as it takes…
Oil prices expected to recover on rising demand, hopes of pandemic fading away
Oil is gradually starting to rise as coronavirus-afflicted economies ease their closures and travel restrictions this month, with production subdued…
COVID-19 could be catalyst for ESG adoption by tech companies, finds KPMG analysis
Technology companies are placing more importance on environmental, social and governance (ESG) practices, driven by the current COVID-19 pandemic situation,…
Covid-19 is strengthening UAE family businesses’ corporate governance structure
Family firms are the backbone of the UAE’s economy. Accounting for a significant segment of the non-oil gross domestic product…
Emirates Islamic offers free international money transfers
Dubai-based Emirates Islamic is offering free international money transfers for all individual customers amid the coronavirus pandemic. All bank…