Columbia Threadneedle bolsters Middle East presence
Columbia Threadneedle Investments has announced the appointment of Jack Harvey as director, Middle East in its Dubai office, reporting to…
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Why Most Business “Awards” Are a Scam, Preying on Pride
Years ago, one of my clients used to pridefully boast that he’d been recognized as one of the top consultants…
Ajman Bank appoints new chief of audit
Ajman Bank has announced the appointment of Mr. Majdi H. Darwish as its new Chief of Audit. Mr. Darwish has…
Coronavirus disease (COVID-19) advice for the public
Stay aware of the latest information on the COVID-19 outbreak, available on the WHO website and through your national and…
Central Bank of Bahrain bans freezing of accounts after job loss
The Central Bank of Bahrain has banned retail banks from blocking accounts of customers who have either lost their employment…
Saudi's Petrochem signs $800mln financing deal with Samba, Riyad Bank
Saudi Polymer Company has signed a 3 billion Saudi riyals ($799.3 million) credit facility with Samba Financial Group and Riyad…
Saudi banks’ net foreign assets down 51% in January
Net foreign assets held by Saudi banks declined by 51% year-on-year (YoY) in January for the third month in a…
Ahli United Bank introduces lending product for SMEs
Ahli United Bank has launched an innovative lending product based on point of sale receivables to support Small and Medium…
Gulf sovereign bonds drop as oil dives
International bonds issued by governments in the Gulf dropped on Monday as oil prices plummeted, Refinitiv data showed. Omani…
Tunisia cuts 2020 growth forecast, seeks new IMF deal
Tunisia will seek a new loan deal with the International Monetary Fund, its prime minister said on Sunday, after slashing…
Emirates NBD Digitizes Trade Finance With LiquidX
Emirates NBD, a leader in the Middle East, North Africa and Turkey region, has joined the LiquidX network, the latest…
Saudi Aramco shares dive, Gulf debt markets hit as oil drops
Saudi Aramco shares fell by as much as 10% on Monday, dropping below their December listing price after Saudi Arabia…