QCB strategy to promote fintech in banking sector: Sheikh Abdulla
The Qatar Central Bank has put in place a transformation strategy to promote the growth of financial technology (fintech) in…
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Arabtec confirms talks to appoint UBS to advise on merger
Arabtec Holding confirmed on Tuesday that it is in talks to appoint Swiss investment bank UBS as a financial adviser…
Mashreq profit hits Dh1.76b
Mashreq reported on Monday a slight upswing in net profit to Dh1.76 billion for the first nine months. While…
GCC markets muted but indicators stay positive
Like their emerging market counterparts, the Gulf markets saw investors remain skittish as a whole host of largely external factors…
Reshuffle at the top for UniCredit
UniCredit have appointed Raphael Barisaac and Emmanuel De Rességuier as global co-heads of cash management. Barisaac and De Rességuier…
Romanian lender BCR to sell headquarters in downtown Bucharest to Arab investor
BCR, the second largest banking group in Romania, has reached the due diligence stage in the process of selling its…
UAE's Sharjah emirate hires banks for dollar Islamic bonds
The emirate of Sharjah has hired banks ahead of a potential issue of 10-year U.S. dollar-denominated sukuk, or Islamic bonds,…
World Bank: Geopolitical Tensions Affect Growth in MENA in 2019
Middle East is expected to drop to 0.6 pc in 2019 against a 1.2 pc growth posted last year, says…
Commercial Bank of Dubai adopts the Microsoft Cloud to accelerate digitization
“The Microsoft Azure cloud will deliver on CBD’s vision to digitally transform itself into a modern banking institution that can…
Citi Names Christoph Geidner Consumer Business Head
Citi Bahrain has appointed Christoph Geidner as the Consumer Business Head for Bahrain. Christoph is not new to Citi,…
Hilton appoints Jochem-Jan Sleiffer as Area President, Middle East, Africa & Turkey
Hilton announced that Jochem-Jan Sleiffer has been appointed to the position of Area President, Middle East, Africa & Turkey in…
Silicon Valley is snubbing Saudi Arabia’s glitzy conference a year after the Khashoggi killing
The challenge at last year’s investment conference in Saudi Arabia was convincing Silicon Valley celebrities not to abruptly cancel. …