Saudi wealth fund PIF in talks to raise up to $8bn bridge loan
Saudi Arabia’s Public Investment Fund is in talks with banks to raise a short-term bridge loan for as much as…
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Fraudulent bank employee fined Dhs612,000
A bank employee who siphoned Dhs306, 000 from a client’s account was on Monday jailed for six months and ordered…
Abu Dhabi hits multi-year on FAB foreign ownership change
Abu Dhabi stocks closed up 2.4 percent on Sunday, reaching a four-and-a-half year high as First Abu Dhabi Bank surged…
Land seeks UAE property opportunities
Limited liquidity has again led to a sharp rise in the share price of a small company that has recently…
Objectway is one of the 100 World's Most Innovative Wealthtech.com
Objectway is one of the companies included in the inaugural top 100 WealthTech. The top 100 has been complied by…
Growing demand to support Islamic insurance premium growth
Islamic Insurance industry is expected to experience improved premium growth this year supported by growing demand from key regions such…
Citi, Schroders launch investIQ for Citi clients
Citi and Schroders have launched a digital tool, investIQ, on the Citi Wealth platform in selected markets across Asia, including…
Expats warned about breaching tax allowance
UK expats living in the Gulf are being urged to check if they are breaching the pensions lifetime allowance limit.…
NBK Introduces More than 14 Updates to the NBK Mobile Banking App for Faster and Easier Transactions
As part of its ongoing investments in providing advanced and safe technologies and services to its customers, the National Bank…
Kuwait introduces country’s first metal payment card
IDEMIA, the global leader in augmented identity, announced its partnership with Kuwait Finance House (KFH) to offer the first metal…
UAE and Korea renew 2013 swap agreement
Korea and the United Arab Emirates announced the renewal of a currency swap arrangement on Saturday in a bid to…
Sunbed boss ‘linked to £8bn fraud that helped bin Laden’
The lorry drivers were upstairs drinking tea when undercover agents broke in. The HM Revenue & Customs investigators found…