Arison mulls foreign partner for Bank Hapoalim
Shari Arison hopes that selling a stake to a foreign partner would help expand the Bank's international business. Shari…
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UAE banks up investments in digital channels to lure customers
A 2013 index by consultant AT Kearney ranked the United Arab Emirates in 17th position for digital banking readiness. …
Greening the desert: How the UAE aims to change its carbon footprint
Relentless construction, a booming aviation sector and near-permanent air conditioning: Dubai is not an obvious contender for the title of…
A.M. Best assigns ratings to Saudi Arabian Insurance Company
The ratings reflect the company’s strong business profile, excellent risk-adjusted capitalisation and track record of robust operating performance. Offsetting…
Saudi finances weaken as foreign exchange reserves slide
Saudi Arabia ramped up oil production to an all-time record high of 10.6m barrels a day in June, 200,000 barrels…
Investors eye rewards and risks in post-sanctions Iran
Foreign firms are eager to exploit the potential of Iran's long-isolated economy following a landmark nuclear deal, but experts say…
Bank ABC inks $250 million loan facility for Bank Sohar
Bank Sohar has signed a $250 million loan facility with a three-year lifespan, with the proceeds to be used for…
Saudi bond issues to soar as government plugs deficit
Bond issues by Saudi Arabia's government are expected to be worth tens of billions of dollars by the end of…
An Israeli gambling company beat one of Britain's biggest hedge funds in the takeover battle for Plus500
Odey Asset Management, the $US13.1 billion £8.4 billion London hedge fund, just lost a takeover battle for the UK-listed stock-trading…
ADS Securities set to become a leader in White Label Trading Technology
ADS Securities, after just four years working in global FX, has been Highly Commended in the 2015 FX Week eFX…
Investor base widens for Saudi bond issues
Bond issues by Saudi Arabia’s government are expected to be worth tens of billions of riyals by the end of…
Almost all UAE banks now using new credit bureau
Almost all banks are now using data from the United Arab Emirates' new credit bureau, its CEO says, a development…