EY appoints Anthony Rjeily as Business Consulting Leader for MENA region
Anthony Rjeily, the Managing Partner of EY’s Business Consulting practice in Canada, has relocated to Saudi Arabia to take on…
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Saudi bank credit rises 7.3% as deposits grow to $835bn
Saudi Arabia’s banking sector continued to expand in June, with total bank credit rising 7.3 percent year on year to…
How Kuwait’s banks kept the financial system afloat during the Iraqi invasion
On Aug 2, 1990, Kuwait’s banking system was brought to a standstill. As Iraqi forces invaded Kuwait, bank headquarters and…
Knight Frank: Dubai industrial demand rises to 12.3mln sq ft during H1 2026 as UAE market begins to rebalance
Demand for facilities exceeding 100,000 sq ft rose to 27%, from 7.8% in H2 2025 in Dubai Dubai South recorded…
Federal Tax Authority and Dubai Police seize 3.5mln non-compliant excise goods packages
The Federal Tax Authority has announced that inspection campaigns carried out in cooperation with the General Department of Criminal Investigation…
Ghobash Group appoints Marc Veelenturf as Managing Director of CNS Middle East alongside the Group’s wider technology cluster
Ghobash Group has appointed Marc Veelenturf as Managing Director of CNS Middle East in addition to the Group’s broader technology…
Clime IM turns focus to mandates and partnerships
Clime Investment Management has shifted from business simplification to expanding recurring mandate revenue and strengthening strategic partnerships. For the…
Kuwait banks extend more credit despite slump in import finance
Kuwait’s banks continued to expand lending during the first half of 2026 despite a sharp slowdown in import financing, as…
Burgan Bank announces financial results for the first half of 2026
Burgan Bank KPSC (Burgan or the Bank or the Group) reported its financial results for the six-month period ended June…
Federal Tax Authority wins SAP Global Innovation Award forimplementing corporate tax through the Emaratax digital platform
Abdulaziz Al Mulla: We are implementing a comprehensive innovation strategy to achieve global leadership in tax procedures The Federal Tax…
CBI grows pre-tax profit by 68% to AED 156 million in H1 2026
Commercial Bank International PJSC has released its financial results for the first half of 2026. Key Financial Highlights: For…
MultiBank integrates Botim to simplify funding for mb.io users in UAE
MultiBank Group's digital asset platform, mb.io, has integrated Botim as a payment method, allowing users in the UAE to fund…