Dorsum introduces MyWealth platform to the Middle East
Dorsum has launched the My Wealth app at the Middle East Banking and Innovation Summit in Dubai. The mobile application…
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Bahrain attracts record levels of foreign investment
Kingdom attracted 76 companies with $810m of investment during first nine months of the year Bahrain’s Economic Development Board attracted…
Sharjah could be considering a three-way banking merger
The Sharjah government is weighing a merger between three of the emirate’s banks that could create a lender with about…
Bahrain awaiting Gulf bailout package to repair its finances
Bahrain’s Gulf allies are weighing plans for a five-year aid package to steady its finances and protect a currency peg…
CBB decision to raise rates is in line with monetary policy
The Central Bank of Bahrain (CBB) decision to raise interest rates is in keeping with its long-standing monetary policy, an…
Saudi Arabia plans to build ‘Riviera of the Middle East’
Saudi Arabia’s Public Investment Fund (PIF) announced plans Wednesday for a luxury tourism destination on its northwestern coast, the latest…
IDB’ $1.3bn sukuk listed on Nasdaq Dubai
Nasdaq Dubai has welcomed the listing of a $1.3 billion sukuk by Islamic Development Bank (IDB), which is now the…
Saffery Champness opens fourth international office
Saffery Champness Registered Fiduciaries has opened a representative office in The United Arab Emirates within the Dubai International Financial Centre…
Egypt's CIB progresses plans to launch digital bank
One of Egypt's biggest banks, Commercial International Bank (CIB), is pressing ahead with plans to create a digital bank, in…
Aldar takes over UAE property services group Khidmah
UAE-based Aldar Properties said it has acquired the remaining 40 per cent stake in Khidmah, one of the country’s leading…
Saudi Arabia, UAE, Bahrain, Kuwait to enter key JP Morgan bond indexes
Saudi Arabia and four other Gulf states will enter JP Morgan’s emerging market government bond indexes next year, a move…
CBK clarifies on guidelines for e-payment transactions
Kuwait Central Bank (CBK) held a press conference yesterday at its premises to highlight the new guidelines that were issued…