Lebanon’s banks plead for a no default
Lebanon’s banking lobby made a last-ditch appeal to the government to avoid a debt default and instead offer a swap…
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How Can Brands Boost Immunity Against the COVID-19 Virus
At the end of February, the situation now in China is seeing signs of early spring, as workers return back…
UAE's Gulf Islamic Investments buys New York office building
Gulf Islamic Investments has acquired a property in New York, just half an hour away from bustling Manhattan. The…
Proactive measures helped stabilise economy post-blockade: QCB Governor
A series of quick and proactive measures taken by the government and Qatar Central Bank in response to the blockade…
Mashreq appoints Head of Corporate and Investment Banking
Mashreq has appointed Joel D Van Dusen as its new Head of Corporate and Investment Banking Group. During his…
Norway’s sovereign fund raises investments in GCC markets
Norway’s sovereign wealth fund, the largest in the world, increased its investments in the GCC region by 15.2% or $440…
Dubai Islamic postpones sukuk amid coronavirus volatility: sources
Dubai Islamic Bank has postponed a planned issuance of U.S. dollar-denominated sukuk due to market conditions resulting from the new…
Monaco-based Fintech Privatam Is Expanding its Operations by Offering Services in Dubai
Monaco-based Fintech Privatam is expanding its operations by offering its services in Dubai. The company notes that the Middle…
Dubai’s DIFC, Mashreq Bank launch bank account opening with KYC blockchain platform
Dubai International Financial Centre and Mashreq Bank has announced the region’s first blockchain data sharing platform, now live in production,…
Standard Chartered sees 2019 MENA profits up 29%, warns of impact or coronavirus
Standard Chartered’s Middle East and African operations saw profits rise 29 percent in 2019, but the British lender warned on…
Abu Dhabi Finance, Beehive enter landmark lending partnership
Abu Dhabi Finance, the UAE’s only specialised conventional mortgage lender, has announced a landmark strategic partnership with Beehive, Mena’s first…
Edamah signs property management agreement with Bahrain development bank to manage and operate Sitra mall
Bahrain Real Estate Investment Company (Edamah) has signed a property management agreement with Bahrain Development Bank whereby Edamah will take…