Egypt nears first major stake sale since devaluation: Bloomberg
Egypt is in advanced talks to sell the government’s remaining stake in Alex Bank to Italian private banking firm Intesa…
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BankDhofar inaugurates its newest branch at Al Sawadi
Under the patronage of His Excellency Sheikh Walid bin Salim bin Saed Al Maliki, member of the Shura Council, representative…
Kuwait’s central bank implements additional payment security steps
The Central Bank of Kuwait implements an additional measure for using payment links to bolster security and give users an…
Banking opportunities remain with lower rates
Reduced central bank interest rates will compress net interest margins for banks, but there is likely to be potential growth…
UAE assets: What are the world’s richest people investing in?
Global uncertainties in 2024 have left several investors questioning their options. With geopolitical tensions, economic instability, and technological disruptions…
CGC launches a platform for information exchange with banks
Khaled Gamal: The company's financial position is distinctive, and we maintain sufficient provisions. We issued and renewed guarantees worth 32…
GCC leaders positive on economic outlook and investment climate
The majority of leaders in the GCC region are optimistic on the outlook for the rest of 2024, anticipating improvements…
UAE takes the lead in AI as international markets face talent race to meet global demand
The global surge in Artificial Intelligence (AI) investments propelled by the increased demand in rising digital industries, from digital health…
Hexnode appoints Gaurav Nigam as Regional Director for the Middle East and Africa
Hexnode, the enterprise software division of Mitsogo Inc., has appointed Gaurav Nigam as the Regional Director for the Middle East…
Hexnode appoints Gaurav Nigam as Regional Director for the Middle East and Africa
Hexnode, the enterprise software division of Mitsogo Inc., has appointed Gaurav Nigam as the Regional Director for the Middle East…
Turkey holds key interest rate again
Turkey’s central bank has held its key interest rate at 50% for the sixth consecutive time, despite inflation having fallen…
Iraqi PM forms high-level committee to align banks with international financial standards
Shafaq News/ On Thursday, Iraqi Prime Minister Mohammed Shia Al-Sudani announced the establishment of a high-level committee aimed at aligning…