Kamco records 18.57% profit increase in 2019; dividends proposed
Kamco Invest achieved a net profit of KWD 3.03 million in the fiscal year 2019, compared to KWD 2.5 million…
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MaCeen Capital license suspension ends – Saudi CMA
The Saudi Capital Market Authority announced the end of the suspension period of MaCeen Capital Company’s securities business license. …
GCC central banks cut interest rates following Fed's shock move
GCC central banks cut rates on Monday following the biggest rate cut by the US Federal Reserve since the 2008…
Coronavirus: bars, clubs and lounges to close in Dubai – restaurants to remain open
The Government of Dubai and Dubai Tourism has announced that all bars, pubs and lounges in the emirate will be…
Dubai's DIB shareholders approve increase in foreign ownership limit
Shareholders of Dubai Islamic Bank, the largest Islamic bank in the UAE, have approved an increase in foreign ownership limit…
The Covid-19 Outbreak
The COVID-19 pandemic has greatly impacted all aspects of daily life, including work. Our individual actions can go a long…
SEED Group forms new strategic partnership with 8topuz in MENA region
With a core focus of 8topuz’s international and regional strategy beginning to establish a strong presence and service clients in…
Panic Has No Bounds – Gary Dugan
Panic in the financial markets prompts policymakers to accelerate their efforts to support the global economy Fed cuts rates to…
How Bill Gates, Jack Ma And 11 Other Billionaires Are Reacting To The Coronavirus Pandemic
Amid the growing spread of the novel coronavirus, Forbes has been monitoring billionaire reactions to the pandemic. We highlight some…
Alpha1Estates: Makkah-Madinah Real Estate Index underperforms in 2019 as REITs gain
Whilst the Saudi market's major Tadawul All Share Index was up 7.2% in 2019, it was outperformed by the Jadwa…
Coronavirus: Remote working for financial services
World leaders have said to prepare for a substantial period of disruption while they deal with the global outbreak of…
Coronavirus breakthrough: Australian researchers find ‘cure’
In a major breakthrough towards finding a solution to the coronavirus pandemic that shook the world and crippled the global…