Businesses begin to feel the heat of Qatar's isolation
Companies operating in the Gulf face rising costs and operational uncertainty as they seek to mitigate the impact of the…
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‘Mideast millennial business owners driven by desire to have positive impact on society’
Millennial business owners in the Middle East are more likely to be driven by the desire to increase their influence…
Dubai: Aadhaar card not mandatory for NRIs for financial, I-T transactions
To boost its drive against tax evasion and unaccounted transactions, the central government recently authorised the mandatory linking of Aadhaar…
Blocking Assets To Secure Debt in the UAE
The Creditor’s Dilemma Collecting outstanding debts can be not only a frustrating experience but also costly. The options available…
QIB unveils fast track programmes for Qataris
Qatar Islamic Bank has launched two fast track career development programmes for Qatari fresh graduates. The programmes are supported…
Dubai Islamic Bank launches “DIB Express Transfer” an instant remittance solution to India
Its new service ‘DIB Express Transfer’ guarantees that funds can be wired to any ICICI bank account in India within…
Bahrain’s central bank creates fintech testing environment
The Central Bank of Bahrain has announced regulations that will enable the creation of an environment where financial technology firms…
Middle East private wealth set for strong growth to reach $12 trillion
Over the next five years, wealth in the Middle East and Africa region is set to reach $12 trillion, according…
Blockchain and the Birth of a New Financial Instrument
The Emirates Islamic Bank's announcement last week that it was planning to integrate blockchain technology with paper checks may have…
Saudi's private wealth expected to be highest in GCC over next five years
Private wealth growth in the Kingdom of Saudi Arabia witnessed a slight increase in 2016 (3.1 percent). It continues to…
Banque Misr arranges loans worth EGP 55.1bn in 2016
In 2016, Banque Misr managed to arrange and take part in several funding operations worth EGP 55.1bn. According to…
Meethaq signs financing agreement with Safe Alloys
Meethaq Islamic Bank at Bank Muscat has signed a financial agreement with Safe Alloys, a Sohar Free Zone company, which…