Turkish state owned Vakifbank obtains banking licence from Qatar
A Turkish state bank has obtained a licence to carry out financial operations in Qatar, in a sign of growing…
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Turkey exempts Euroclear, Clearstream from trade limit
Turkey’s banking watchdog on Wednesday gave exemptions to two foreign institutions -- Euroclear Bank and Clearstream Banking -- from its…
BNP Paribas’ FX Prime Brokerage Unit Halts Turkish Lira Trades
BNP Paribas has reportedly decided to suspend Turkish lira transactions over its FX prime brokerage unit, Bloomberg reports. The decision…
ICD reports Dh25 billion net profit, up 16.9% in 2019
Investment Corporation of Dubai, the principal investment arm of the Government of Dubai, on Wednesday reported a net profit of…
Saudi fintech Geidea begins beta testing of new digital product range
Leading Saudi fintech company, Geidea has officially launched its BETA testing for a host of new state of the art…
New banking regulations threaten press freedom in Turkey
The Turkish media have come under increasing pressure in recent years as dozens of journalists remain behind bars and the…
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…
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…