Israel set to miss out on tax haven bonanza
Tax havens around the world are being forced to clamp down on companies registered in their territory that have no…
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Abu Dhabi Islamic Bank posts 5.2% increase in quarterly profit
Abu Dhabi Islamic Bank posted a 5.2% rise in third-quarter profit compared to the same period a year earlier. …
4 Blockchain-related projects you should know about
The market has seen a boom of new blockchain-related projects. Here are 4 regional applications that are quite interesting. …
4 ways UAE banks can benefit from blockchain technology
Dubai’s banking sector has seen a solid first half of 2019: The four largest banks, which account for almost 70…
UAE Set for Faster Cryptocurrency Adoption as Institutional Investment Increases
As the nation’s authorities begin to draft regulations, the United Arab Emirates appears to be on the verge of expansion…
World’s Rich Readying for Major Stock Sell-Off, UBS Wealth Says
Wealthy people around the globe are hunkering down for a potentially turbulent 2020, according to UBS Global Wealth Management. …
Ithmaar Bank continues to report increasing profits
Ithmaar Bank has announced the increased profits for the period as the Bank continues its focus on customer-centric growth. …
Citi Bahrain Celebrates 50th Anniversary In Kingdom
Citi recently celebrated its 50h anniversary in Bahrain, and hosted its CEO Michael Corbat, for this special occasion. The…
Lebanon: Central Bank Tries to Calm Nerves as Bank Employee Union Calls for Strike
Lebanese Central Bank Governor Riad Salameh sought on Monday to calm nerves by saying bank deposits are secure and that…
CBK unveils liquidity management, forecasting dashboard
Governor of the Central Bank of Kuwait Dr Mohammad Y. Al-Hashel announced CBKs live and consolidated “Liquidity Management and Forecasting…
Total ‘population’ of Kuwait as of July ’19 reaches 4.82 million
The total population of Kuwait as of July 2019 reached 4.82 million – 3.40 million expatriates and 1.42 million Kuwaiti…
Egypt's New Wealth Fund Eyes Stake in Siemens-Built Power Plants
Egypt’s new sovereign wealth fund plans to acquire a stake of about 30% in power plants co-built by Siemens AG…