Hong Leong Bank and Emirates Skywards Partner to Launch Emirates HLB Cards
Partnership to benefit a growing Malaysian travel segment and add more value and rewards for Emirates Skywards members Daily…
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ED files money laundering charge sheet against Zakir Naik
The Enforcement Directorate on Thursday filed a charge sheet against controversial preacher Zakir Naik in a Mumbai court, saying it…
Abraaj backer Hamilton Lane among several warned about fund
Five months before the events that led to the collapse of Abraaj Group, the biggest in private equity history, one…
UAE banks invested $9.53bln in Q1-2019
UAE banks invested up to AED35 bn in Q1-2019, bringing to AED367.8 bn their aggregate investments, a growth of 10.5…
Kuwait richest in the world – No poverty, No forced unemployment
According to the World Bank report, Kuwait is 'one of the richest countries where practically there is no extreme poverty…
Investors, central banks boost global gold demand
Global gold demand surged seven per cent in the first quarter of 2019 on the back of broad-based support from…
Solving the Corporate Actions Paradox – Reducing Risk, Increasing Efficiency whilst Improving Services
“Corporate actions continue to be an area of complexity, manual processing and high risk” according to the interim results of…
Kuwait axes expat 5% tax remittance bill
Kuwait is set to scrap a draft law to impose 5% tax on expats for remittances sent to their home…
Record Number of Foreign Investors Establish Operations in Saudi Arabia during Q1 2019
More than 250 new foreign investors were issued licenses in Q1 2019, permitting them to operate in Saudi Arabia, reported…
Fenergo addresses demand for RegTech in Middle East with appointment of Cormac Sheedy
Fenergo has appointed financial services industry veteran, Cormac Sheedy as Head of Sales for Middle East and North Africa (MENA).…
Lebanon’s Finance Minister: We’re definitely not on the brink of bankruptcy
The Lebanese Finance Minister, Ali Hassan Khalil, said that Lebanon is “definitely not on the brink of bankruptcy,” in an…
Infograph: How have Saudi, Egyptian and UAE funds performed?
The funds market in the Middle East and North Africa has been through turbulent times since the financial crisis, but…