Oman's Bank Dhofar gets shareholder assent for capital plans
Bank Dhofar, Oman's second-largest bank by assets, won shareholder approval for plans to raise its capital by as much as…
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QTA, QDB to establish Tourism Incubation Zone
Qatar Tourism Authority ( QTA ) hosted the signing of a contract between Qatar Tourism Authority ( QTA ) and…
Surge in regional wealth creates new opportunities for private banks
Private wealth in GCC has doubled from $1.1 trillion to $2.2 trillion, making the region a lucrative market for both…
Abu Dhabi-backed firm splashes out $31.2m to poach former JPMorgan aide
Carlyle Group, the US private equity firm in which Abu Dhabi’s Mubadala Development Company owns a 7.5 percent stake, paid…
Israel regulator seeks bank provisions to cover possible tax settlements-Army radio
Israel's banking regulator has demanded that two of Israel's largest banks set aside money to settle possible U.S. tax evasion…
“Meier on Rothschild” Tower has broken the Israeli highest sales record
Berggruen Residential, the developer of the prestigious ultra- luxury tower, “Meier on Rothschild” located at 36 Rothschild Boulevard in Tel…
Visa says new online payments system to launch in UAE
Visa, the global electronic payments firm, has announced that the UAE will be one of the 16 countries where consumers…
HSBC Mideast clarifies on licence cancellation
HSBC Bank Middle East has said its Bahrain operations continue as before and are unaffected by the cancellation of a…
Dubai Islamic Bank celebrates 40 years in Islamic Banking
Dubai Islamic Bank (DIB) celebrated its 40th anniversary at a special ceremony held in the presence of His Highness Sheikh…
Abu Dhabi Commercial Bank launches campaign with Minneapolis-based agency Solve
The second largest bank in the United Arab Emirates, Abu Dhabi Commercial Bank (ADCB), is launching a campaign this week…
Only in the UAE, a new 'selfie' credit card is launched
Most residents in the UAE will gladly complain about the recent rise in cold-calling for credit cards by banks –…
Tanmiyat Global inks partnership with Amlak Finance
Tanmiyat Global has announced an agreement with Amlak Finance to provide mortgage services for its Living Legends development. The…