JPMorgan appoints Vis Raghavan as EMEA CEO
JPMorgan has appointed Vis Raghavan as chief executive of its Europe, Middle East and Africa business, according to a memo…
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Qatari economy set to continue strong momentum
After the initial wobble, Qatari economy is fast adjusting to the impacts of capricious blockade imposed on it by the…
Saudi market regulator loosens asset management rules
Saudi Arabia’s markets regulator loosened its rules for licensing asset management and other investment firms on Sunday, according to a…
Bahrain is Eyeing at Becoming Middle East Pioneer in Blockchain
Bahrain, one of the major oil-producing country in UAE, is turning to digital currencies as part of their financial structure. …
Saudi Arabia finalizes seven deals with Russia worth $1 bln
Business relations between Saudi Arabia and Russia have been making headway at a steady phase since 2015, when the Public…
UAE 'sin tax' comes into effect today
The UAE’s Excise Tax came into effect today, doubling the price of tobacco and increasing the price of soft drinks…
GGICO signs debt restructuring with Creditors Dubai
Dubai-based Gulf General Investment Co. PSC announced that it has completed an AED 2.1 Billion (USD 584 Million) Debt Restructuring…
Green finance a key component of sustainable growth strategy
A Green Economy for Sustainable Development initiative launched in 2012 and the Green Agenda 2015-2030 set the course for Dubai’s…
Resolving bank fraud a lengthy process for UAE customers
If you fall victim to credit card or bank account fraud, it can take several months for the bank and…
Barwa unit acquires prime property in France
The First Investor (TFI) Qatar, a subsidiary of Barwa Bank Group and the leading Qatari closed shareholding investment banking firm,…
J&K Bank plans first overseas foray in Dubai
Srinagar: With a view to bolster its Non-Resident business, particularly in the Gulf, J&K Bank plans to establish its first…
Islamic banks and Takaful sectors likely to witness more mergers
The high-profile merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) in the UAE last year…