CAEU launches ‘A Common Vision for Arab Digital Economy’ initiative
The Council of Arab Economic Unity has announced ‘A Common Vision for Arab Digital Economy’ The unprecedented initiative, the…
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StanChart likely to axe Dubai, Singapore jobs amid cost reductions
Standard Chartered Plc is cutting jobs in Dubai and key markets including Singapore as it looks to curb expenses, people…
Revealed: Top 10 companies in Bahrain in 2018
The second half of 2018 started on a positive note for GCC stock markets, driven by the strong performance of…
Al Salam Bank-Bahrain back with special winter promotion
Al Salam Bank-Bahrain, one of the pioneering shari’a-compliant banks in the kingdom, has announced the launch of its winter promotion…
KFH pioneer in embracing digital transformation: Al-Nahedh
KFH-Group CEO, Mazin Saad Al-Nahedh said innovation is instrumental pillar in executing Kuwait finance house (KFH) strategy, indicating the KFH…
Pictet Raids Julius Baer
Zurich-based private bank Julius Baer has been hit by the defection of Middle East and Africa head Daniel Savary and…
SEC inks revolving credit facility deal with 8 banks
Saudi Electricity Company was confirmed to have finally inked with eight foreign banks a revolving credit facility deal, at a…
FinTech offers "huge" opportunity for Islamic banks to serve unbanked people
Bahrain is urging Islamic banks to embrace financial technology to grow their business by catering to unbanked populations as the…
QFC honours exceptional firms at inaugural ‘Qatar Business Awards’
The Qatar Financial Centre has hosted its 17th annual networking event and the inaugural ‘Qatar Business Awards’ that brought together…
Robo-advisory firm is first graduate from Dubai fintech testing
The Dubai Financial Services Authority has announced that robo-advisory firm, Sarwa, has become the first participant to graduate from its…
Dubai Islamic Bank Kenya losses widen to Sh666m on higher costs
Dubai Islamic Bank Kenya has posted a Sh665.8 million loss in the first nine months of trading, being 18.6 per…
Turkey to sell asset-backed securities to improve banks' liquidity
Turkey’s development bank is gearing up to sell asset-backed securities to investors, a sign that authorities are pressing ahead with…