Kuwait bank taps TrueConf for virtual banking system
Commercial Bank of Kuwait deployed TrueConf’s video banking system to connect 68 remote bank branches with headquarters and enable communication…
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Qatar shares extend losing streak on foreign institutions
Foreign institutions on Thursday turned profit takers to extend the bearish run on the Qatar Stock Exchange to the third…
Oracle opens its first data centre in the Middle East
Oracle opened a data centre in Abu Dhabi, its first in the Middle East, to offer cloud storage to customers…
Dubai World Government Summit 2019 schedule for February 10
The seventh annual World Government Summit will begin on Sunday February 10, featuring talks from IMF Director, Christine Lagarde, Pope…
Turkey’s wealth fund hires banks for first foreign loan
Turkey’s sovereign wealth fund (Varlık Fonu) hired Citigroup Inc. and Industrial Commercial Bank of China Ltd. to coordinate a 1…
Jordan's AJIB to release instant bank cards with Network Int'l
Arab Jordan Investment Bank (AJIB) was announced to be now cooperating with Network International for the immediate implementation of active…
Bank Muscat's Asset Management Division Marks RO1bn Milestone
Bank Muscat’s private equity and asset management division marked a major milestone of crossing RO1bn assets under management. The…
UAE’s Mashreq bank hires banks ahead of dollar bond sale
Dubai-based Mashreqbank has hired banks to arrange fixed income investor meetings ahead of a potential issue of five-year U.S. dollar-denominated…
Central Bank of Kuwait to appoint independent Shari’ah Supervisory Board
Kuwait’s central bank is working on a draft law which will allow it to appoint an independent Shari’ah Supervisory Board,…
Dubai Islamic Bank marks listing of $750m bond
Dubai Islamic Bank on Wednesday marked the listing of a $750 million sukuk — or Islamic bond — on the…
QIIB honours four employees for exceptional performance
QIIB honoured four employees for their exceptional performance during 2018 in the quality of service provided and meeting customers’ requirements…
HSBC Qatar appoints Omar al-Ansari as head of Retail Banking and Wealth Management
HSBC Qatar has announced the appointment of Omar al-Ansari as head of Retail Banking and Wealth Management in Qatar. …