High-stakes targeted attacks against banks to rise
If 2014 was the year of the breach, then 2015 could to see high-stakes targeted cyber-attacks pinpointing the banks and…
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Kuwait's CBK cuts stake in Boubyan Bank to 17.7 pct
Commercial Bank of Kuwait (CBK) has cut its stake in Boubyan Bank to 17.7 percent from the 19.9 percent which…
Dubai's financial district hires ex-Emaar exec as deputy CEO
A former Emaar Properties senior executive has been appointed deputy CEO of the Dubai International Financial Centre (DIFC) Authority, it…
National Bonds Corporation Signs Strategic Agreement with Aafaq Islamic Finance
National Bonds Corporation PJSC ( National Bonds ), the leading sharia-compliant savings and investments company in the UAE, has signed…
Dubai Investments plans $2.7B in property projects
Dubai Investments PJSC is planning 10 billion dirhams ($2.7 billion) of real estate projects in the next five years as…
Kingdom’s female investors warned against swindlers
A number of Saudi working women are falling prey to scammers in an attempt to hide their savings and properties…
HBMSU Board of Governors issues directives to establish university’s leadership in national classification of higher education institutions
During its first regular meeting for the Academic Year 2014-2015, the Board of Governors of the Hamdan Bin Mohammed Smart…
UAE Exchange ties up with BDO Unibank for FLASHremit
The UAE Exchange has tied-up with Philipines-based BDO Unibank, through with Filipinos can send money real-time to their families with…
Saudi Arabia plans to open stock market to foreign investors in April
Saudi Arabia is reportedly preparing to throw open its $509bn stock exchange, the largest equity market in the Middle East,…
Bank Sohar Presented with 'Best Financial Brand Oman 2014' Award by Global Brands Magazine
Earlier this year Bank Sohar was named as the 'Best Financial Brand Oman 2014' by renowned UK based Global Brands…
Mövenpick Dubai sold by Alwaleed's Kingdom Holding for $95m
Dubai-based Kingdom Hotel Investments, a subsidiary of Saudi Arabia's Kingdom Holding Company, has sold its 100 percent interest in Movenpick…
KFH: USD 350 Mln Syndicated Club Murabaha Facility for KFH-Turkey with Participation of 12 Global and Regional Banks
Kuwait Finance House has announced the successful conclusion of USD 350 Mln syndicated club murabaha facility for KFH -Turkey. …