Boom years ahead for Middle East
Despite the general economic slowdown, there will be unprecedented growth in the region in eight to 10 years, a Dubai-based…
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Kuwait to allow foreign ownership in bank shares without caps-KUNA
Kuwait's ministry of commerce and industry will allow foreign ownership and trading in shares of Kuwaiti banks without caps, state…
This PowerPoint presentation proves Huawei CFO Sabrina Meng Wanzhou is guilty, says US. Preposterous, says her lawyer
In August 2013, Huawei CFO Sabrina Meng Wanzhou faced a HSBC banker and did something countless other executives have done…
Standardisation critical for Islamic finance’s success
Bahrain regulators have called for Islamic finance practitioners to push for standardisation in the industry to ensure further growth across…
UAE’s Central Bank reshuffles board of directors
The UAE Central Bank’s board of directors has been reshuffled under a decree by President Sheikh Khalifa bin Zayed, according…
Saudi startups win big with business incubator Oqal
An up-and-coming Saudi business incubator recently launched a new incentive program aimed at keeping the young and budding entrepreneurs it…
NBK Capital to be coordinator of largest bond issue in Kuwait for Burgan Bank
Faisal Al-Hamad said that the company has a new strategy for the next three years. It follows the needs…
Ripple to Launch Blockchain Remittances to Asia with Major UAE Exchange
Ripple recently announced about a new partnership with United Arab Emirates-based UAE Exchange platform. According to the announcement, passed…
Banque Misr hires 3 financial market experts for Misr Financial Investments’ restructuring
Banque Misr appointed a number of financial and investment experts to undertake the restructuring of Misr Financial Investment, a company…
Bahrain issues draft rules to regulate cryptocurrencies
Bahrain's central bank has issued draft rules on the trade in cryptocurrencies for consultation, setting up a framework to regulate…
Saudi Monetary Authority & UAE Central Bank, to launch cross-border cryptocurrency
Reports coming from the United Arab Emirates’ say the UAE Central Bank and Saudi Arabian Monetary Authority (SAMA) will jointly…
Family offices become financial titans
Hussein sayed, a local anchor with cnbc, a tv network, beams from the stage as he welcomes participants to a…