JPMorgan Fills Senior Leadership Roles After February Makeover
JPMorgan has made a number of changes in senior positions in its investment bank in the Europe, Middle East and…
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VakıfBank becomes first Turkish lender to obtain license in Qatar
Turkish public lender VakıfBank has obtained a banking license in Qatar, it announced Monday. The bank's announcement came after…
Bahrain Islamic Bank advocates the utilisation of its digital platforms
Bahrain Islamic Bank (BisB) has iterated that it is urging retail and corporate customers to utilise the bank’s available digital…
First Abu Dhabi Bank ends acquisition talks with Lebanon’s Bank Audi-Egypt
First Abu Dhabi Bank on Monday (May 18) said it has mutually agreed with Bank Audi to stop the transaction…
Saudi Arabia's PIF buying spree is vote of confidence in pandemic recovery
We should have seen it coming. Yasir Al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund (PIF), told a virtual gathering…
Service Quality and Resilience are Key in Current GCC Environment
The GCC was, generally, very quick to react when early signs of the coronavirus appeared in the region, with a…
WeWork and Virtuzone announce UAE partnership
WeWork have exclusively partnered to bring companies and aspiring entrepreneurs the best in flexible workspaces and company licensing. Over…
Investment power shifting east to Gulf and Asia
The Covid-19 crisis has sent asset prices plunging, and cash-strapped companies are desperate for any capital injection – which makes…
UAE Securities And Commodities Authority Discusses With The Capital Markets Advisory Committee Initiatives To Regulate The OTC Market And Its Precautionary Measures To Contain The Consequences Of COVID-19
As part of the efforts of the UAE government to counter the consequences caused by the coronavirus outbreak and support…
Islamic trade finance body spent $5bn for development last yearMay
The International Islamic Trade Finance Corporation, an institution created in 2008 as a member of the Islamic Development Bank Group…
QSE seen built on a strong base of profitable companies
Qatar’s Covid-19 relief package for the private sector will give visibility for the local businesses in the short term and…
Impoverished Jordan holds $3bn of foreign aid in offshore accounts
Jordan has come first in a list of countries that appear to have siphoned huge amounts of foreign aid into…