Maven Insights strengthens leadership with senior appointments
Leading homegrown consultancy Maven Insights has signalled its growth intent with the appointment of five senior professionals. Operating from…
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QIIB awarded highest certification in payment security, data protection
QIIB announced that it has been awarded the PCI-DSS - 4.0 certification, which is the highest certification in payment security…
Dubai: Gold prices jump to new record high, up by nearly Dh10 per gram
Gold prices jumped further in the UAE at the start of the week, hitting another new high on Monday morning.…
Saudi Arabia’s green hydrogen production efficiency positions it as a global leader: report
Saudi Arabia can produce green hydrogen more efficiently than Germany, a recent report comparing the two nations has revealed. …
Iraq signs 12 MoUs with Saudi Arabia in investment push
Economic ties between Saudi Arabia and Iraq are poised to strengthen further with the signing of 12 memorandums of understanding…
UAE consumer spending rises 13% in 2023, reveals retail report
The UAE’s retail sector boomed in 2023, defying global trends, revealed the latest State of the UAE Retail Economy report…
Capital Bank renews partnership with Elia Nuqul Foundation and grants scholarships to 9 students
Capital Bank announced extending its partnership with the Elia Nuqul Foundation (ENF) for the eighth consecutive year. Through this agreement,…
Commercial Bank International leads investment round in generative AI fintech zypl.ai
Commercial Bank International, the Dubai-based corporate and retail bank, has announced its investment in zypl.ai, a fintech startup pioneering the…
NBK organizes “Safe Ramadan” campaign in collaboration with Kuwait Fire Force
National Bank of Kuwait (NBK) in collaboration with Kuwait Fire Force organizes its Safe Campaign during the summer season. …
Public launch of Sharia-compliant STC Bank slated by year-end
The Saudi Central Bank has approved the transformation of stc pay into STC Bank with the launch of the beta…
Fitch Affirms Ipoteka-Bank at 'BB-'; Outlook Stable
Fitch Ratings has affirmed Joint-Stock Commercial Mortgage Bank Ipoteka-Bank's (Ipoteka) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BB-'…
UAE's 15% remittance fee hike: Will more residents switch to digital when sending money?
The UAE’s remittances sector and how residents send money overseas are up for some major changes in the coming weeks…