UAE: Can employers ban employees from joining rival firms, force them to leave country?
Question: I work in a mainland IT company in Dubai. I am switching the job because of a better package…
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Sharjah Islamic Bank joins 'haifin' platform to combat fraud, support digital transformation in banking sector
In a move to enhance efforts to combat fraud and continue digital transformation plans in the banking sector, aligning with…
Will UAE gold shoppers soon face Dh300 a gram price tag as price surge continues?
Gold shoppers in the UAE and elsewhere are confronting a new possibility – prices could well take a shot at…
Saudi Venture Capital invests SAR112.5m in General Atlantic PE fund
Saudi Venture Capital Company (SVC), a subsidiary of the Small and Medium Enterprises Bank (SME), has announced a significant investment…
Financial services group GSB bolsters Dubai office with Senior Debt Adviser hire
Financial services group GSB continues the expansion of its global wealth and advisory business with the hiring of Nicholas Jones.…
Saudi Awwal Bank opens new branch in SAB Tower
Saudi Awwal Bank, one of the leading banks in the Kingdom, inaugurated its newest integrated branch in the SAB Tower. …
NBK warns against transferring money to unknown parties
The bank stresses the necessity to verify people’s identity before money transfers Random calls may target stealing and cloning…
Bank of Sharjah appoints Damian White as new Head of Treasury
Bank of Sharjah has announced the appointment of Damian White as the new Head of Treasury. This appointment comes as…
Saudi wealth fund PIF reduces holdings of US equities – report
Saudi Arabia’s sovereign wealth fund has cut down on its US stocks in the first quarter of the year, slashing…
Abu Dhabi’s Lunate launches ETF tracking Japanese equities
Abu Dhabi investor Lunate Capital is launching an exchange-traded fund tracking Japanese equities that will be listed on the Abu…
Qatar to sign more long-term LNG contracts this year: Qatar Energy CEO
Qatar has not had difficulty securing long-term liquefied natural gas contracts and will sign more this year, Qatar Energy CEO…
Fintech firm Hala gets SAMA approval to offer debt-based crowdfunding solutions
Saudi businesses are set to gain access to new crowdfunding solutions as Hala Payments Co. has received licensing approval from…