Oman Arab Bank introduces paperless loan applications to enhance customer experience
E-Loans is a service that allows the Bank to replace paper loan applications with electronic ones. The digital applications…
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Qatari firm plans to convert US embassy in London to luxury hotel
A Qatari real estate company plans to turn America's embassy in London into a luxury hotel, as part of its…
Boursa Kuwait Securities Company confirms readiness to assume Kuwait Stock Exchange operations by end of month
Boursa Kuwait Securities Company today announced its complete readiness to assume responsibility for the operations of Kuwait Stock Exchange from…
EFG Hermes Appoints New Chief Executive Officer for UAE Operations, as it Sets the Foundation for Future Growth and Expansion
EFG Hermes announced the appointment of Moustafa El Chiati as the chief executive officer of EFG Hermes' UAE Operations, the…
Seera Reports $2.8 Million Net Profit for 2015
Seera Investment Bank B.S.C., a Shari'a compliant investment bank headquartered in Bahrain announced its results for the year ended 31st…
Citigroup Appoints CEO of Citibank Lebanon
Citigroup announced today the appointment of Michel Sawaya as Chief Executive Officer of Citibank Lebanon, replacing Elissar Farah Antonios who…
Huge reserves, spending cuts underpin UAE fiscal position
"The UAE economy will prove to be resilient to lower oil prices, and its growth outlook is positive and well-balanced.…
GCC equities rebound after weak start to year
Regional markets like most world equities had a weak start to the year but managed to recover ground by the…
Oman's Bank Nizwa celebrates milestone year
Bank Nizwa, Oman’s first dedicated Islamic bank, told its shareholders at its recent annual general meeting that 2015 was a…
Kuwait, UAE lead GCC acquisition deals in 2016 first quarter
Mergers and Acquisition value across the Middle East and North Africa region improved to $6.99 billion (Dh25.7 billion) in the…
Global investment banking fees fall 29% in Q1, worst since 2009
Global investment banking fees fell 29 per cent in the first quarter of 2016 from a year earlier as market…
The Panama Papers allegations are not representative of the offshore financial industry
The allegations made in the Panama Papers case are not representative of the international financial services industry, affirms the boss…