1.9 million expats quit Saudi Arabia citing high fees and sluggish growth.
More than 1.9 million expatriates have left Saudi Arabia since the start of 2017, according to a report released yesterday.…
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Solidarity Bahrain has no plans to shut any branch
Solidarity Bahrain has no plans to shut any branches and reduce staff numbers even as it goes ahead with a…
KFH-Turkey… Robust Financial Position, Very High Liquidity Ratios
High-Quality assets due to diversified financing portfolio Group Chief Executive Officer at Kuwait Finance House(KFH), Mazin Saad Al-Nahedh, emphasized that…
Win for Dubai Bank as land firm’s appeal dismissed
A land company that had sued Dubai Bank (in liquidation) to restrain the lender from putting up its properties for…
Abu Dhabi Securities Exchange slides 0.6% amid index rebalancing
The Abu Dhabi bourse’s main index ended 0.6 per cent lower on Thursday, after falling by over a per cent…
'UAE a strategic growth market,' says National Payments Corporation of India
National Payments Corporation of India stated that UAE is one of its strategic international growth markets during a press briefing…
Middle East property investors still favour UK and US
As UAE and regional developers continue to unveil both luxury and affordable real estate across the Gulf, regional investors are…
U.A.E.’s Commercial Bank Plans to Cut Up to 18% of Its Workforce
Commercial Bank International PSC will trim as much as 18% of its workforce through a voluntary redundancy program as the…
UN to launch Principles for Responsible Banking
What are the Principles for Responsible Banking designed to achieve? As society’s expectations change, banks must be transparent and…
UAE bank warns customers: Don’t be tricked by magic pen
Do you believe in magic? Have you been tricked by magicians? Believe it or not, scammers can be magicians as…
Oracle to launch new cloud facilities in UAE and Saudi Arabia
Oracle will open two new cloud facilities each in the UAE and Saudi Arabia – the Arab world’s largest economies…
Lebanon central bank agrees to liquidation request from sanctions-hit bank
Lebanon's central bank said on Thursday it agreed to a request from Jammal Trust Bank, which was hit by U.S.…