Lesha Bank records a net profit of QAR 128.2mln for the year ended 2024
Lesha Bank has announced its financial results for the year ending December 31, 2024, as approved by its board of…
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KPMG’s globally aggregated revenue rises 5.1% to surpass US$ 38.4bln mark
Key highlights: Globally aggregated revenue climbs 5.1% to cross US$ 38.4b mark (in local currency) Total revenue of member firms…
Federal Tax Authority applies VAT refund of AED 2.9bln for 35,000 UAE Nationals for building new residences by the end of 2024
The Federal Tax Authority (FTA) has confirmed that its digital VAT refund systems, including the VAT-refund system for UAE nationals…
Arab Health 2025 to begin Monday with over 3,800 exhibitors
Arab Health, the Middle East’s largest and most important healthcare event and congress, will celebrate its landmark 50th edition when…
Hamilton Reserve Bank Appoints Qatar Executive Muhammad Al Misned to International Advisory Board
Hamilton Reserve Bank , the largest global bank HQ in the Caribbean region serving clients from 150 countries in 15…
BOS Adds Half a Dozen Executives in Dubai Branch
OCBC’s private banking arm has expanded its Middle East business with six new hires for its branch in Dubai. …
DP World's multi-currency stablecoin solution for efficient global trade settlements
DP World is engaging with global financial institutions and technology providers to address a longstanding challenge in global commerce --…
Bahrain’s GFH US investments in AI, data centres exceed $200mln
Bahrain-based GFH Financial Group has confirmed that its US investments currently exceed $200 million, which have been earmarked for the…
UAE's near-term growth strong, expected to remain healthy at around 4% in 2025: IMF
The International Monetary Fund expected UAE's near-term growth to remain healthy at around 4 percent in 2025, despite lower-than-expected oil…
Turkish Central Bank delivers expected 250bp rate cut
Following higher-than-expected inflation readings between September and November, the underlying trend in both headline and core inflation, which is closely…
ADIB Launches Money Management Tracker, Offering Customers Greater Insight Into Spending
Abu Dhabi Islamic Bank, the UAE-based financial institution, has launched a new personal finance management tool in partnership with Emirati…
IMF: Oman grows with inflation under control
Oman’s gross domestic product grew by 1.9% in the first half of 2024 compared to the same period in 2023.…