Middle East M&A deal values quadruple in first half outpacing global average
The value of merger and acquisition deals in the Middle East quadrupled in the first half of 2019, driven by…
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Al Ahli Bank of Kuwait Partners With EdgeVerve
Al Ahli Bank of Kuwait has partnered with EdgeVerve Systems to steer its automation journey using AssistEdge Robotic Process Automation.…
Access Bank, DIFC woo firms for offshore business
Access Bank Plc is partnering with the Dubai International Financial Centre to attract large corporate firms looking to setting up…
Arabian nights and Indian startup dreams: Middle East investors eager to fund tech businesses
Middle East investors are increasingly looking at the Indian startup ecosystem with a new confidence and are not shying away…
Standard Chartered launches a Rewards Campaign exclusively for its Standard Chartered credit card holders
Standard Chartered has rolled out its summer campaign which will entitle its credit card customers to earn more rewards while…
Collapsed Buyout Firm Abraaj Fined Record $315 Million by Dubai
• Serious wrongdoing by two Abraaj group companies included carrying out unauthorised activities in the DIFC and misusing investors’ monies.…
Waking Up To The Future Of Banking: UAE Fintech Startups Take On The Challenge Of Financial Inclusion
When Bill Gates famously said “banking is necessary, banks are not,” Saad Ansari paid attention. The founder and CEO…
INTERVIEW: Major Gulf sovereign wealth funds gear up for ESG investing- global advisory head
Despite being hydrocarbon-based economies, four Gulf countries are laying the groundwork to be aligned to Environmental, Social, and Governance standards…
QCB plans centralised Sharia'h framework for Islamic banks
Steps are under way to harmonise the Sharia'h regulatory framework for Qatar's Islamic banking sector. This include, establishing a…
Barclays appoints Ilan Paz as country manager for Israel
Barclays Bank on Monday named Ilan Paz as country manager in Israel, along with his recent appointment as head of…
Saudi rises for second straight session as Abu Dhabi winning streak ends
Financial shares helped lift Saudi Arabia's stock market for a second consecutive session on Sunday, while top lender First Abu…
Oman issues $3bn bonds in its first foray in the international debt markets this year
Oman raised $3bn with its first foray in the international debt markets this year after receiving strong demand from global…