Third annual Future Investment Initiative opens in Riyadh
PIF CEO Al-Rumayyan: Saudi Aramco will soon have more shareholders from institutions Saudi Aramco separated from Kingdom’s energy ministry ‘to…
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Lebanon's closed banks pledge to pay out salaries
Lebanese banks said on Monday they would ensure public sector workers were paid their salaries as they remain closed by…
Qatar royal family seeks Deutsche Bank chairman departure after huge investment losses
Qatari investors in Deutsche Bank are pressuring the German lender to force its chairman to quit after regulators blocked a…
IMF Says Mideast Markets Most Sensitive to Global Risk
Markets in the Middle East and Central Asia may have more to lose from a shift in global risk sentiment…
Bahrain FDI increases 1% to $262.6m in Q2 2019
Bahrain’s Information and eGovernment Authority, in collaboration with the Central Bank of Bahrain and the kingdom’s Economic Development Board, has…
Qatar- In rare win for regulators, Australia's Westpac loses case over marketing cold calls
Westpac Banking Corp staff inappropriately gave personal financial advice when marketing pension funds, an Australian court said, overturning an earlier…
Choosing the right agency for your Citizenship-by-Investment application is more crucial than ever before
The appetite for Citizenship-by-Investment and Residency-by-Investment programs in the Middle East is growing rapidly. As the industry matures, governments…
Corbat to Fink: The Who’s Who of Finance Head to Saudi Arabia
Global finance and business elites are descending on Riyadh this week for Saudi Arabia’s marquee investment summit after last year’s…
Kuwait – Banks have no right to increase interest rate on a loan
The Court of Appeals ruled that a local bank had no right to increase the interest rate on a loan,…
Kuwait's global aid efforts unparalleled, says deputy FM
Kuwait has made unmatched contributions towards global economic growth, its deputy foreign minister said on Monday, citing a UN honor…
Lebanon's c. bank urges quick solution to avoid future collapse
Lebanon's central bank governor said on Monday a solution must be found in days to a crisis unleashed by huge…
Emirates NBD Announces Third Quarter 2019 Results
Emirates NBD has delivered a strong set of results with net profit up 63% y-o-y to AED 12.5 billion. The…