Dubai sees Dh2B operating surplus in 2020
Dubai on Sunday said it can achieve an operating surplus of almost Dh2 billion due to its prudent fiscal polices…
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2019 sees foreign card payments increase by 83% in Turkey
Payments made with foreign bank cards increased by 83% in Turkey in the period of January to November…
Ithmaar Bank announces key Bahrain promotions
Ithmaar Bank, a leading Bahrain-based Islamic retail bank, has announced several key promotions of senior executives as the bank gears…
GFH wins investors' approval for $500m sukuk
Bahrain-based GFH Financial Group said it has won approval from shareholders to issue sukuks (Islamic bonds) worth $500 million in…
Sheikh Mohammed announces Dh196bn expenditure for Dubai over three years
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai on Sunday announced a three-year fiscal plan for the emirate…
Wealth Fund head welcomes Turkey’s indigenous car
The indigenous electric car developed by Turkey’s Automobile Initiative Group has given us hope and is a very good project,…
Dubai's new House Price Index rolled out showing November rise
Dubai's new House Price Index, Mo'asher, was rolled out with the first data point showing a 1.4 per cent rise…
2020 outlook: How will Saudi stocks, banking sector perform
Saudi Arabia’s inclusion in the MSCI Emerging market index and the Aramco IPO will have a long-lasting positive effect on…
Kuwait Banking Association denies local bank data breach claims
Kuwait Banking Association Chairman Adel Al-Majed on Thursday described social media claims that local banks had suffered data breaches as…
Margin pressures to moderate UAE bank profitability
Profitability of the UAE banks are expected to moderate in 2020 on the back of low interest rate environment and…
Samba Financial Group CEO Among 100 Most Powerful Women in the World
Saudi Arabia’s Rania Nashar, Samba Financial Group CEO, has been named in Forbes 100 most powerful women in the world…
Five Countries Where Crypto Regulation Changed the Most in 2019
One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their…