Israelis among nearly 500 arrested over alleged online fraud in Phillipines
Philippine police say they have arrested nearly 500 people, including eight Israeli nationals, who they say are involved in an…
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Algosaibi signs grant agreement with Ebdaa Bank
Algosaibi Holding Group, a leading investment company in the region, has signed a grant agreement with Ebdaa Bank, as a…
Swiss bank Lombard Odier in talks on Saudi partnership
Swiss private bank Lombard Odier is in talks to set up a partnership with a Saudi bank as it aims…
Egypt Eyes Sovereign Fund By Year End to Shake Up State Assets
Egypt plans to launch its first sovereign fund by the end of the year and will begin a roadshow in…
Lombard Odier launches Islamic products as it eyes Abu Dhabi expansion
Lombard Odier, Switzerland’s oldest private bank with $281 billion in assets under management, is launching Islamic products in the Arabian…
UAE law changes provides a new dawn for foreign investors
It is perhaps one of the most significant changes to the UAE economy since the 2002 freehold law allowed foreigners…
Mashreq Bank wins 'Best Contact Center' Award
Dubai, United Arab Emirates: Mashreq Bank, the UAE’s leading financial institution, was presented with the prestigious ‘Best Contact Center’ award…
Abu Dhabi, Qatar among top five global real estate investors: report
Abu Dhabi Investment Authority and Qatar Investment Authority are among the top five real estate investors in the world, a…
Banking sector maintains strong liquidity despite a drop in deposits
The UAE’s banking sector liquidity continued to remain strong in the month of April despite sluggish growth in both deposits…
SoftBank Vision Fund Manager Hires Faisal Rahman for Mideast
SoftBank Group Corp. is hiring former Deutsche Bank AG executive Faisal Rahman to head operations in the Middle East for…
Majid Al Futtaim improves customer experience at mall
Majid Al Futtaim, a leading shopping mall, communities and leisure pioneer across region, has implemented a series of services to…
Lombard Odier launches Shari'ah-compliant investment offering
Lombard Odier has launched of a full suite of Shari'ah-compliant investment solutions, the first in its 222-year history. Lombard…