PwC adds 92 new partners to its offices in the Middle East
Global accounting and consulting firm PwC has kicked off its new financial year with 92 new partners. The firm…
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Business, data skills leverage Qatar’s position in job market
Qatar is at the forefront of moving up its ranking in the employment sector by improving business and data skills,…
CBUAE explores solutions and initiatives to achieve "zero bureaucracy” in the financial sector
The Central Bank of the United Arab Emirates has launched its “Zero Bureaucracy” initiative in the financial sector, aligning with…
Kuwait’s central bank approves launch of new WAMD instant payments system
Banks and financial institutions across Kuwait are going live this week with WAMD, the country’s new instant payment system that…
Walkers continues to invest in talent with 29 senior legal and professional services promotions
Walkers, the international financial services firm, is bolstering its legal and professional services teams with 29 senior promotions effective from…
Bank Dhofar's Kapoor on its 'pure private banking play'
Oman-based Bank Dhofar plans to differentiate its recently launched private bank by focusing on the ‘pure’ services associated with the…
Financial Services Group GSB launches debt and equity capital markets division: GSB Capital
Financial services group GSB has launched GSB Capital, a new division focussing on debt and equity capital markets for its…
Saudi Arabia's net foreign direct investment rises 5.6% in first quarter
Net foreign direct investment inflows to Saudi Arabia rose 5.6% to 9.5 billion riyals ($2.53 billion) in the first quarter…
DIFC breaks ground on new real estate development
Dubai International Financial Centre has commenced the development of DIFC Square. This ambitious venture, comprising three interconnected buildings, aims…
Turkey removed from FATF money laundering grey list
The international crime watchdog Financial Action Task Force (FATF) removed Turkey from its “grey list” of countries that require special…
Saudi Arabia ranks 3rd in remittance outflows globally in 2023: World Bank report
Saudi Arabia ranked third globally and second in the Arab world in terms of countries sending international remittances during the…
EBRD, EU and GCF boost green and inclusive financing for Egyptian MSMEs
EBRD and GCF to provide a Green Economy Financing Facility (GEFF II) loan of up to US$ 50 million to…