Egypt's PM Urges Opening Banque misr Branch in Somalia
Egypt's Prime Minister Mostafa Madbouli urged opening a branch of Banque Misr in Somalia, as it will have positive repercussions…
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GIB converts Saudi branches into local bank with $2bn capital
Bahrain’s Gulf International Bank has completed converting its existing Saudi Arabian branches into a locally incorporated bank. The local…
GCC banks need better understanding of SMEs to improve funding
SMEs are a core engine for job creation and economic development worldwide. Traditionally, banks are key contributors to SME…
Dubai forecasts 2.1% real growth in 2019, 3.8% in 2020, and 2.8% in 2021
Government-led policy initiatives and investments, improved growth prospects in trading partners, and preparation to host Expo 2020 are providing the…
99% of UAE execs say the speed of innovation has accelerated
Ninety-nine per cent of UAE executives believe that the pace of innovation in their organisations has accelerated over the past…
Dewan expands footprint in South East Asia
Dubai-based Dewan Architects and Engineers, a leading architectural engineering studio, recently inaugurated an office in Hong Kong as part of…
Kuwait's real estate market sees notable activities in Q1 '19 – report
The real estate market has witnessed a remarkable activity during the first quarter of 2019 in all its sectors amid…
Abu Dhabi Islamic Bank revenues for Q1 2019 increase by 5.3%
Group Financial Highlights Income Statement: Q1 2019 vs. Q1 2018 Group net revenues for Q1 2019 increased…
Emirates Development Bank holds workshop to accelerate growth of the UAE's SME ecosystem
Emirates Development Bank hosted a workshop in collaboration with the National Program for Small-to-Medium-Sized-Enterprises, the executive arm of the SME…
DFSA takes action to protect the integrity of Islamic Finance
The Dubai Financial Services Authority has imposed restrictions on David Barnett and Christopher Steer following an investigation into their conduct…
Mashreq reports Dh628m first quarter net profits
Mashreq on Monday reported a net profit of Dh628 million, up 5 per cent compared to Dh598 million reported in…
British University in Dubai, Dubai Blockchain Center, University of Nicosia supporting knowledge transfer in blockchain technology
The British University in Dubai (BUiD) signed a Memorandum of Understanding (MoU) with the Dubai Blockchain Center and the University…