Finance minister: Saudi Arabia facing current global crisis from position of strength
Saudi Finance Minister Mohammed Al-Jadaan said the Kingdom was facing the current global crisis from a position of strength, the…
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$7bln Saudi bond sale oversubscribed – MoF
Saudi Arabia’s Ministry of Finance announced that the kingdom’s bond sale to raise $7 billion has been heavily oversubscribed. …
BNP Paribas activates emergency support plan in Bahrain in response to global health crisis
100,000 EUR will be donated to Bahrain’s national campaign against the coronavirus pandemic BNP Paribas and its subsidiaries around the…
UAE banking sector resilient because of government support
Resilience - this was the key word and highlight of the UAE banking sector outlook report that was released at…
BLOM Bank Egypt increases capital to $190mln
Egypt’s general assembly has agreed to increase the bank’s issued and paid capital by EGP 1bn, meaning its capital now…
Kuwait Syrian Holding posts 40% lower loss in 2019
Kuwait Syrian Holding Company’s net losses totalled KWD 345,017 ($1.11 million) in the fiscal year (FY) 2019 when compared to…
Citrix appoints new Vice President for Networking in EMEA
Citrix has announced the appointment of Darren Fields to the position of Vice President, Networking EMEA. Previously Regional Vice…
Islamic Authority and Arab States in a Time of Pandemic
As the new coronavirus and its economic and political consequences ripple cross the Arab world, Arab regimes are facing an…
Banks in Bahrain warned against wage funds misuse
Banks have been warned against misusing funds deposited by the government to pay wages of Bahraini employees in the private…
UAB's shareholders raise foreign ownership to 40%
The ordinary general meeting of United Arab Bank has approved raising the foreign ownership limit to 40%, setting the national…
Keep moving and motivated with #cando
Here at Canaccord Genuity Wealth Management, our priority is the long-term wellbeing of our employees, clients and business contacts. As…
UAE advisers split on game changing regulation
The UAE financial advice sector is set for its biggest regulatory shake-up but not everyone thinks this will be a…