Watershed moment: As renewables rise, world must brace for era of disruption
A new world is emerging from the global shift to renewables, and it is poised to upend societies and economies…
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AFS named official POS acquirer for The Bahrain International Circuit
Arab Financial Services had signed an agreement with Bahrain International Circuit to become an official POS (point-of-sale) acquirer in advance…
Banque de Caire IPO, United Bank to help Egyptian bank re-rating
Egyptian banks look set to rebound from their low valuations in 2020, with interest rates and corporate actions likely to…
Bahrain Bourse joins Tawasul in new services push
Bahrain Bourse yesterday announced that it has joined the National Suggestions and Complaints System ‘Tawasul’, in line with its efforts…
Standard Chartered strengthens UAE footprint with new office in Abu Dhabi Global Market
Standard Chartered has announced the opening of its newest representative office in the United Arab Emirates (UAE), at the Abu…
KFH 2019 net profit up 10.4pc to $824m
Kuwait Finance House (KFH), a leading financial institution in the region, has recorded a net profit of KD251 million ($824…
CBB warns consumers against dealing with unlicensed institution
The Central Bank of Bahrain (CBB) would like to warn consumers against dealing with unlicensed entities that market investments in…
UAE’s biggest bank records Dh12.5b profit
First Abu Dhabi Bank (FAB) reported on Tuesday an increase in its net profit for 2019 by nearly 4 per…
NBK won 'Best Customer Service Bank', 'Best Social Responsibility Program' Excellence Awards
#National Bank of Kuwait (NBK) was awarded with the Excellence in the Corporate Social Responsibility Programs and also received the…
Swiss Re Corporate Taps Ex-Allianz Exec Willauer as Head Property & Specialty, EMEA
Swiss Re Corporate Solutions has appointed Bianca Willauer as head Property & Specialty Lines, Europe, Middle East and Africa (EMEA),…
Saudi Aramco invests $5m in oil blockchain VAKT
Today, post-trade oil blockchain platform VAKT announced a $5 million investment from Saudi Aramco Energy Ventures. Additionally, Aramco Trading…
DFSA to become a Signatory to the IOSCO Enhanced Multilateral Memorandum of Understanding: A First for the GCC
The Dubai Financial Services Authority had announced that it had been accepted as a signatory to the IOSCO Enhanced Multilateral…