Al Salam Bank-Bahrain signs an agreement with Takaful International
Present at the signing ceremony held at the Bank’s headquarter office in the Bahrain World Trade Center were Mr. Anwar…
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Qatar said to halt future equity investment in troubled Deutsche Bank
The Qatari royal family has reportedly pulled the plug on future equity investment to beleaguered Deutsche Bank. The alleged…
Retail banking faces pressure from slowing economy
The economic slowdown following the prolonged decline oil prices is exerting pressure on retail banking business in the country and…
Mid East Stocks Third Quarter Bank Results May Weigh on Gulf
Stock markets in the Gulf may start the week on a lower footing as global markets offer little positive impetus…
Emirates NBD makes a big leap forward in hi-tech banking
Emirates NBD, UAE’s largest lender as at the close of the first half of 2016 is in a hurry to…
Barclays taken to tribunal by Qatar funding banker
A former Barclays banker at the centre of a criminal investigation by the Serious Fraud Office is to mount a…
‘Cyber security global storm’
According to Ahmed Baig, founder and CEO of the CISO Council, a non-profit industry body with approximately 4,000 members in…
Saudi Arabia, SoftBank aim to be world's No. 1 tech investor with $100 billion fund
Saudi Arabia and Japan's SoftBank Group (9984.T) will create a technology investment fund that could grow as large as $100…
Major banks from India and Dubai complete blockchain trade finance and remittance transactions
India’s largest private bank, ICICI, and one of the middle east’s largest banks, Emirates NBD, recently announced successful international blockchain…
Dubai Silicon Oasis Authority Announces Winner of Innovation 4 Impact Awards 2016
A US company that allows Muslims around the world to hear Friday prayers from Islam’s holiest sites took first place…
Lawmakers file to grill Finance Minister – Political crisis brews
Three lawmakers yesterday filed a request to grill Finance Minister and Acting Oil Minister Anas Al-Saleh over the government decision…
Saudi to invest billions in technology fund
The Saudi Public Investment Fund has indicated it could become a key investor in a multibillion dollar fund that is…