Markaz ‘Best Investment Bank in Kuwait for 2018’
Kuwait Financial Centre “Markaz” announced winning the “Best Investment Bank in Kuwait for 2018” award for the seventh time in…
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Aramex third-quarter net profit surged 38% on e-commerce growth
Aramex, the Dubai-listed courier company, reported a 38 per cent increase in third-quarter net profit thanks to growth in its…
UAE rises 10 places to 11th in World Bank’s 2019 ease of doing business report
The UAE jumped 10 places in the World Bank’s Ease of Doing Business ranking to 11th position globally in 2019…
Denizbank’s prospective owner ENBD’s profit rises 16 pct
Emirates NBD, Dubai’s largest bank, on Oct. 30 reported a 16 percent rise in third-quarter net profit, benefiting from a…
Islamic Development Bank to sell 500 million euro sukuk
The Jeddah-based Islamic Development Bank is selling euro-denominated sukuk expected to be 500 million euro (Dh2.08 billion; $567 million) in…
Bank Hapoalim Partners With Local Startup to Give Biometric Access to Bank Accounts
Bank Hapoalim, one of Israel’s largest banks, has partnered with Tel Aviv-based startup AnyVision Interactive Technologies Ltd. to give customers…
Credit Suisse Said to Hire BofA Bankers to Boost Mideast Equity
Credit Suisse Group AG hired two Bank of America Corp. bankers to boost the Swiss lender’s equity operations in the…
UAE central bank issues new rules for retail loan bank transfers
The UAE central bank has issued new rules with regards to the transfer of retail loans from one bank to…
UAE legislates to crack down on money laundering
The United Arab Emirates has passed a law to combat money laundering and terrorism financing. The law, which is…
HSBC welcomes partnership between IRENA and ASEAN to accelerate renewable energy deployment
HSBC UAE welcomes that memorandum of understanding signed yesterday by the International Renewable Energy Agency and the Association of Southeast…
Citi establishes new branch office in ADGM
Citi announced on Tuesday that it has been granted a license by Abu Dhabi Global Market to set up a…
Standard Chartered reports private banking year to date income increase
Standard Chartered PLC - Interim Management Statement Standard Chartered PLC (the Group) today releases its Interim Management Statement for…