KFH replaces 50 ATMs to offer innovative services
Kuwait Finance House, KFH has replaced 50 ATMs at its branches in the framework of its ongoing efforts to offer…
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UAE optimistic on solar industry despite liquidity concerns
The UAE remains “very optimistic” on the solar industry, the country’s undersecretary for energy said on Monday despite concerns that…
Qatar Slumps Ahead Of FTSE Inclusion, Saudi Drops On Austerity Concerns
Qatar's main equity index slumped 4.0 percent on Monday ahead of the additions of some companies in FTSE's secondary emerging…
UAE banks bail out 1,700 SMEs and corporations with Dh7 billion in loans restructured
An initiative among local banks to bail out small and medium sized enterprises has helped to restructure some Dh7 billion…
Kuwait’s banking system outlook remains ‘stable’
Moody’s Investors Service’s outlook for Kuwait’s banking system remains stable, reflecting the rating agency’s expectation of continued government spending and…
International banking unit: SBI’s GIFT City unit to deal in ECBs & trade credit
The State Bank of India became the seventh bank to open an International Banking Unit at the GIFT City campus…
Saudi Aramco plans maintenance at refineries at year end
Saudi Aramco plans to shut two refineries towards the end of this year for scheduled maintenance, four sources close to…
Qatar a forward looking nation with dynamism and ambition
I have come to know the Gulf well over the course of my career. My previous role as the British…
Saudi stocks drop near technical support level
Saudi Arabia’s stock index dropped 2.1 percent to 5,936 points, only 25 points shy of the technical support on the…
Omans' Maisarah launches new travel finance solution
Adding to its wide range of financial solutions, Maisarah Islamic Banking Services of BankDhofar has announced the debut of its…
Emirates NBD to add an element to customer engagement with artificial intelligence robot ‘Pepper’
Pepper will interact with customers to understand visitation needs and present products and services alternatives in an engaging way, assisted…
Credit Suisse is bullish on sultanate’s equity market
Credit Suisse expects a better performance by Gulf equities, going ahead, mainly supported by its more positive outlook on oil…