Expats working in Kuwait's public sector down to 123,000
The overall number of foreigners working for government bodies in Kuwait has dropped from 127,000 to 123,00 this year according…
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Moroccan sovereign fund aims to double investments to $6bn in 5 years
Ithmar Capital, Morocco's sovereign wealth fund, hopes to double its investments to $6 billion (Dh22bn) within the next five years…
UAE Insurance Authority releases new rules on life cover
The UAE Insurance Authority has rolled out new regulations regarding life insurance and family takaful, following an almost three-year consultation…
EU adopts framework for sanctions on Turkey
On 11 November 2019, the European Council adopted a framework for restrictive measures in response to Turkey's unauthorised drilling activities…
United Arab Bank records loss in 9 months
The United Arab Bank listed on the Abu Dhabi Securities Exchange reported an AED 63 million net loss during the…
Imdaad secures Abu Dhabi Islamic Bank FM contract
Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets,…
Eager Saudis prepare to snap up stakes in ‘crown jewel’ Aramco
“No voice is louder than that of the Aramco IPO, the largest IPO on earth,” declared Ahmed al-Arfaj, a Saudi…
Standard and Poor's Global confirms Boubyan Bank's long-term issuer credit rating at "A/Stable"
Boubyan Bank has made a new achievement, adding to its successes over the past years, as Standard & Poor’s Global…
KIB records KD 12.8 million net profits
Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank announced that the Bank reported a net profit attributable to shareholders…
Turkey’s Unexpected Rise to the Top of Global Crypto Adopters
When thinking of countries that are ahead of the curve in crypto adoption, Turkey might not be the first place…
Khalid Hamad appointed on IRTI Board of Trustees
The Central Bank of Bahrain announced the selection of Mr. Khalid Hamad Abdul-Rahman Hamad, the Executive Director of Banking Supervision,…
NBK-Egypt reports KD 30 million in net profits
NBK-Egypt – a member of NBK Group – reported EGP 1.666 billion in net profits (KD 30 million) for 9M2019…