Middle East investments in US real estate soar during 2019
Demand from Middle East investors for US real estate has intensified over the last year, bolstered by the continued strength…
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FAB confirms acquisition talks with Bank Audi-Egypt
First Abu Dhabi Bank confirmed on Thursday that it is in exclusive discussions with Bank Audi to acquire its fully-owned…
Qatar commercial banks’ assets jump 9% in 2019
A robust double-digit growth in domestic assets, especially owing to strong private sector credit, helped Doha's commercial banks’ total asset…
SA, Egyptian fintech startups selected for Startupbootcamp accelerator in Dubai
South African startup SnapSlip and Egypt’s Fawaterak have been picked for the third edition of the Startupbootcamp FinTech Dubai accelerator,…
DFSA hosts IFIAR's Leadership
The Dubai Financial Services Authority (DFSA) has hosted the Chairman of the International Forum of Independent Audit Regulators (IFIAR), Mr…
Microsoft Announces Plan To Launch Cloud Data Centre Region In Israel
Microsoft had announced its plans to establish the company’s first cloud region in Israel through a local data centre region.…
India and UAE take landmark step to stop expats fleeing debt
India has signed a reciprocal agreement with UAE to enforce foreign civil decrees in a move aimed at deterring expats…
Middle East, Turkey and Africa to spend top dollar on innovation, digital transformation
Investments in digital transformation and innovation will account for 30% of all IT spending in the Middle East, Turkey, and…
DIFC’s FinTech Hive launches new start-up ‘Scale Up Programme’
DIFC’s FinTech Hive revealed the launch of a new funding accelerator programme for FinTech start-ups in the region. The…
Gulf governments will rely less on bond markets this year
Governments in the Gulf region will continue to tap debt capital markets this year, but their external financing needs are…
Dubai Islamic Bank completes the acquisition of Noor Bank
Dubai Islamic Bank has completed the acquisition of Noor Bank through a share swap deal. As part of the agreement,…
Alizz-OAB merger to provide customers with better services
The upcoming proposed merger between Alizz Islamic Bank and Oman Arab Bank will provide customers with better services and more…