NBI upgrades its digital capabilities with Backbase’s banking platform
National Bank of Iraq has completed the first stage of its digital upgrade with Backbase, a digital-first banking software provider.…
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Cavendish Maxwell boosts UAE ops with Sharjah office
Cavendish Maxwell has announced the opening of a new office in Sharjah, further expanding its offerings into the Northern Emirates.…
UAE Central Bank to support banks in Covid-19 impact
The Central Bank of the UAE has confirmed their preparedness to support the banking system in mitigating the downside risk…
Muddy Waters founder calls new NMC Health debt 'a massive fraud'
NMC Health uncovered $2.7 billion of debt hidden from its board that was used for unknown purposes, tipping the troubled…
Prince Alwaleed’s fortune loses a few billions here and there
The networth of Saudi Arabia’s once high-flying billionaire, Prince Alwaleed bin Talal, has plunged $22.3 billion from its peak six…
Coronavirus: How deep will the new recession be?
The coronavirus outbreak and its economic impact threatens to plunge the global economy into recession if the uncertainty continues beyond…
Empowering women pays off, says founder of Dubai-based Millennial Capital
Millennial Capital is a venture capital firm proud to be different, offering its clients an innovative co-investment model. even better,…
Kuwait to suspend all flights from Friday over virus
Kuwait will halt all commercial flights to and from the country starting Friday and until further notice, with the exception…
Kuwait's foreign reserves top $39.12bln in January
Kuwait’s foreign reserves registered an annual rise by 7.6% or KWD 865 million ($2.84 billion) last January, according to recent…
30% of UAE women executives will change companies for a better career
When it comes to advancing in their career, women executives in the UAE are split as to whether or not…
Dubai developers go slow with new launches, private sector leads
Private sector developers lead while government-backed firms are going slow in terms of new project launches in Dubai, with increased…
The impact of coronavirus on the UAE banking sector
The ongoing coronavirus epidemic may lead to reduced borrowing and lending, impacting banks that work in corporate and personal finance…