First Abu Dhabi Bank sells Jordan business to Société Générale
The UAE's biggest lender First Abu Dhabi Bank (FAB) has signed an agreement with French bank Société Générale's Jordan unit,…
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Bank Muscat Launches Management Development Programme by Insead Business School
Bank Muscat, the flagship financial services provider in the sultanate, in line with its vision ‘To serve you better, everyday’…
UAE banks continue to perform well, with higher profitability
Leading global professional services firm Alvarez & Marsal has released its latest UAE Banking Pulse for Q1 2018, showing that…
UAE a key Middle East stop along China’s Silk Road initiative
The UAE’s trade with China shas grown substantially since His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of…
Bankruptcy reforms ‘will spur Saudi Arabian investment’
Saudi Arabia will introduce its first comprehensive bankruptcy law on Aug. 18 in a move designed to encourage foreign and…
Hogan Lovells’ New Asia Pacific and Middle East Head Has Big Plans in an Interconnected World
Miguel Zaldivar, Hogan Lovells’ new regional head for the Asia Pacific and the Middle East, plans to shake things up…
China hands over billions of dollars to revive growth in Middle East
China’s president Xi Jinping has pledged $20bn in loans and $1.6bn in aid to countries in the Middle East to…
Cryptocurrency laws and regulations in UAE
The terms “Blockchain” or “Bitcoin” were alien to the general public in the United Arab Emirates (UAE) when Satoshi Nakamoto…
Coursera to offer transformative learning to Bank of Singapore employees
This partnership will equip 2,000 Bank of Singapore employees with specialized skills, 500 of which are based in Dubai, Hong…
HSBC, Credit Suisse to advise on Kuwait's KFH, Bahrain's AUB merger talks
HSBC and Credit Suisse have been selected to advise on a possible merger between Ahli United Bank (AUB) and Kuwait…
Abraaj posts $188 million loss after using investor funds, says PwC
PricewaterhouseCoopers and Deloitte were hired as the provisional liquidators of Abraaj. Abraaj Holdings had an “unusual” business model reliant on…
Lebanon Central Bank head expects economy to grow 2% in 2018
Lebanon’s Central Bank Governor Riad Salameh said on Thursday he expects the economy to grow 2 per cent and for…