Lebanon nominates Ziad Hayek for World Bank boss
To Highlight unfair hiring practices, some campaigners carry out sting operations on unsuspecting firms. They submit two applications with…
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UAE-based blockchain platform for trade finance distribution goes live with 25 banks
TradeAssets, is now live with 25 banks. The first transaction was completed on February 6, and the onboarded banks…
Bahrain's Mumtalakat set to raise $600 mln in sukuk
Bahrain’s sovereign wealth fund Mumtalakat is set to raise $600 million in sukuk, or Islamic bonds, with a 5.625 percent…
A Tiny Gulf Nation Is Opening Its Doors to Crypto
Bahrain, once the Middle East’s hub for financial industries, is attempting to regain its footing by allowing companies using cryptocurrency…
Intellect limited joins hands with Bahrain Bank for digitising banking business
City-based Intellect Design Arena Ltd, has been selected by BBK, to implement a comprehensive digital transformation of its banking business. …
Kuwait and Iraq seek closer trade ties
Kuwait’s Minister of Commerce and Industry Khaled Al-Roudhan said on Wednesday that his current visit to Iraq aims to eliminate…
GCC laying the groundwork for green finance: S&P
The oil-rich countries of the GCC are starting to go green, creating the space for a viable market for green…
Dubai’s DIFC Courts sees value of claims rise sharply in 2018
The value of claims at the Dubai International Financial Centre Courts rose by “422 per cent” in 2018 led by…
The UAE’s gratuity system is in line for a shake up
Employers must consider new ways of paying end of service benefits to help fund the retirement gap between the gratuity…
Nasdaq Dubai, Menacorp announce collaboration to raise capital markets investor awareness
Nasdaq Dubai and Menacorp will collaborate to raise investor awareness across the Middle East and North Africa, MENA, of the…
Portugal's 'golden visas' generating wide interest in Middle East
A senior Portuguese minister has said his country's "golden visa" scheme is generating wide interest in the Middle East, with…
Northern Trust Expands Sustainable Investing Team in EMEA
Northern Trust Asset Management has hired Valeria Dinershteyn as a sustainable investing strategist based in Amsterdam. The appointment reaffirms…