GCC states plan company for money transfers between members
The Gulf Cooperation Council plans to establish a company to provide direct money transfers between its six member countries. …
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Bahrain explores digital currency
The Central Bank of Bahrain is mulling over the introduction of a digital dinar. Central bank governor, Governor Rasheed Mohamed…
Asset and wealth management CEOs optimistic about growth but aware of looming disruption – PwC survey
Asset and Wealth Management (AWM) CEOs remain very confident about their companies’ growth prospects in 2018, but they are also…
ABG, six units win top awards
The Bahrain based Al Baraka Banking Group announced that the Group and six of its units won Islamic Finance News…
Egypt Picks Banks to Manage International Bond Sale
Egypt selected four European banks to manage its first euro-denominated bond sale, taking advantage of lower borrowing costs in Europe…
Tamkeen and Ahli United Bank Sign a BD 40 Million Portfolio
Tamkeen and Ahli United Bank have signed a BD 40 million portfolio to provide subsidised financing to eligible medium and…
CrediMax, Benefit launch QR Code payment system
CrediMax and Bahrain-based Benefit have collaborated to launch a unified QR Code payment option where MaxWallet and BenefitPay customers will…
A home in Dubai: Should expats rent or buy?
Irrespective of where you stay or the kind of accommodation you have, we can all agree that rent is the…
Dubai's Abraaj hit by more senior departures
Abraaj has been hit by the departure of two more top executives. Ashish Dave, chief financial officer, has already…
The Fariz-Gates arrangement
Central Bank of Jordan (CBJ) Governor Ziad Fariz will leave for the future a legacy which will be identified by…
UAE central bank to launch new EIBOR system next month
The United Arab Emirates central bank will next month launch a new way of setting Emirates Interbank Offered Rates (EIBOR),…
PM directive to implement 14 projects in Southern Governorate
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has given directives to implement 14 development, service and…