Alinma Bank unveils E-Payment Gateway service
Saudi Arabian lender Alinma Bank has introduced the E-Payment Gateway service to offer a streamlined e-commerce payment platform accepting domestic…
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NBK reports KD 322 mln in '17
National Bank of Kuwait Monday reported net profits of KD 322.4 million (USD 1.06 billion) for FY 2017, a growth…
Doha Bank launches new fixed deposit scheme
Doha Bank continues to build on its reputation for offering the highest rates of return with the launch of a…
Al Hilal Bank Partners With SunTec to Manage Vat for Its Customers
SunTec, which enables global financial services organisations to increase the lifetime value of their customer relationships through effective revenue management…
Wade Adams wins $37m Dubai Industrial Park contract
Dubai-based general construction and project development company Wade Adams has won a contract for the development of infrastructure within Dubai…
NIIF's first investment: A $3 bn fund for logistics biz with UAE's DP World
The government’s National Investment and Infrastructure Fund said on Monday that it has partnered with UAE-based DP World to create…
Dubai Islamic Bank Inspires Staff to Get ‘DIB Active’
Dubai Islamic Bank, the UAE’s largest Islamic Bank, has launched a new health and fitness initiative for employees aimed at…
Mideast M&A deal value grows by 21% in Q4, 17
Middle East’s overall M&A deal activity rallied in Q4 2017, with the volumes growing by 8 percent and aggregate value…
Ajman Bank reports Dh132.61m in net profit
Ajman Bank on Sunday reported a net profit of Dh132.61 million, up 5.63 per cent compared to Dh125.54 million in…
Chartered accountants need to adapt to stay relevant
Chartered accountants will have to embrace new technologies such as artificial intelligence and blockchain to remain relevant or risk doing…
Whistleblower suing Ernst & Young over gold dealings with Dubai firm
UK consultancy giant Ernst & Young has been accused of “unlawful, unprofessional and unethical” conduct over its relationship with a…
Abu Dhabi fund acquires stake in Bahraini investment bank
Abu Dhabi-based Goldilocks Investment Company Limited on Saturday announced it has acquired a 4.99 percent stake in GFH Financial Group.…