Bahrain central bank warns over remittances tax move
The Central Bank of Bahrain has warned about the fallout of taxes on remittances and other 'foreign transactions', said a…
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Emirates NBD hires debt collectors to chase expat defaulters in the US, UK
Emirates NBD, Dubai's largest bank, is one of a number of local UAE lenders who have hired British and American…
Banker calls for urgent reality check to regain top position
Bahraini banker Rashad Janahi has called for an urgent reality check. According to him, it is a fact that…
Noor Bank Signs Financing Agreement with Mohamed Bin Rashid Fund for supporting SMEs
Noor Trade, a division of Noor Bank providing Shari'a-compliant products and services to small and medium enterprises, has signed an…
BankDhofar Receives Best Banking Strategy Award
BankDhofar , the leading financial institution in the Sultanate of Oman, has been awarded the 'Best Banking Strategy' award by…
Daman appoints new heads at brokerage and asset management divisions
Dubai-based Daman Investments , one of the UAE's leading investment management companies has appointed Mr. Farid Samji as Head of…
BCG Expands its Roster of Middle East Partners
In line with its mission to further accelerate its growth in the Middle East and solidify its market position in…
Egypt's NBE eyes retail portfolio to hit $5bn end-June
The retail banking portfolio of Egypt's biggest state-run bank National Bank of Egypt has been boosted to 36.5 billion Egyptian…
Doha Bank Launches a New Payment Solution
In yet another demonstration of its commitment to provide innovative payment solutions to customers, Doha Bank , the largest private…
Saudis told to prop up currency amid global devaluation war fears
Saudi Arabia should use its massive foreign exchange reserves to defend the riyal, amid fears the world is descending into…
Dubai ‘a safe haven for high-net worth families’
Dubai, a first-class tourism destination and a world-leading financial services centre, is seen as a safe haven for wealthy high-net…
Dubai company on verge of buying City of London office
Dubai-based property group Al Gurg is on the cusp of buying a City of London office building, continuing its spending…