Deutsche Bank hired another whole team of people here
Deutsche Bank may be making 18,000 job cuts, but this doesn't mean that it's stopped hiring. On the contrary, it…
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Israel’s third largest bank chooses Temenos
Tefahot has chosen Temenos T24 Transact from Temenos to replace its capital market systems. Temenos T24 Transact will replace…
UAE billionaire warns of capital flight
United Arab Emirates billionaire, Khalaf Ahmad Al-Habtoor, yesterday warned of “possible escape by the foreign investors” from the Gulf state.…
Banks to close Saturday marking Arafat day
Banks will close as of Saturday, August 10, 2019 coinciding with pilgrims’ standing on Mount Arafat and will remain shut…
Bond yields soften on account of global trade tensions amid Fed rate cuts
In 2019, global bond issuances are at $2.694tn as against $3.79tn in 2018. The Federal Republic of Germany, Republic of…
Kuwaitis and Expats spent more then KD 6 billion in last 6 months
Citizens and expatriates spent KD 12.3 billion in the first six months of the current year – KD 466 million…
Websites that violate privacy right emerge on the Internet
After Public Authority for Telecommunications and Information Technology blocked programs that reveal caller IDs , some websites have emerged to…
Citi appoints Head of Commercial Banking in EMEA
Citi has appointed Raymond Gatcliffe as Head of Citi Commercial Bank for Europe, Middle East and Africa (EMEA). Based…
NBK-Bahrain reports net profits of KD 48.283 million for H1 2019
National Bank of Kuwait-Bahrain reported net profits of BHD 60 million (equivalent to KD 48.283 million) for the first half…
Dubai third most affordable city for prime property
Dubai ranks as the third most affordable major global city for purchasing prime residential property, according to the findings of…
The Middle East Might be Changing; or are We?
Many were surprised when the Trump Mideast Peace team announced its so-called economic workshop would be held in Bahrain. …
Middle East investors embrace tokenisation to build sustainable wealth
UAE’s surge in crypto investments has taken off drastically this year despite not even featuring in the top 10 countries…