Paymob secures Central Bank of Oman’s PSP license
Paymob has announced that it has received the Central Bank of Oman’s (CBO) Payment Service Provider (PSP) license, making it…
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RAK Properties targets $816 million in sales for 2024 amid higher demand
RAK Properties aims to achieve more than Dh3 billion ($816 million) in property sales this year, up 50 per cent…
Gulf central banks may slash rates for first time in two years
GCC central banks are expected to cut interest rates for the first time in two years, according to a leading…
UAE banking sector assets hit $1.09tn for first time in history
The UAE banking sector’s total assets surged to 4.02 trillion dirhams ($1.09 trillion) for the first time in history in…
Saab appoints Heléne Bittmann as its UAE Managing Director
On 1 January 2024, Heléne took over from Anna-Karin Rosén, who has played a pivotal role in strengthening Saab UAE’s…
UAE’s central bank cancels broker’s license over non-compliance
The Central Bank of the United Arab Emirates has revoked the operating license of First Insurance Brokers Company, marking the…
QNB Al Ahli sees higher net profits in 2023; dividends unveiled
Qatar National Bank Al Ahli (QNB Al Ahli) recorded consolidated net profits after tax valued at EGP 16.22 billion in…
Nomura taps Jefferies for new head of flow credit for CEEMEA
Nomura has appointed Mouloud Ameni as head of flow credit for Central and Eastern Europe, Middle East and Africa, alongside…
New record for Dubai as luxury home sales hit US$ 7.6bn in 2023
The total number of US$ 10 million plus home sales in Dubai grew by 92.4%to 431 sales during 2023, according…
QIIB plans to issue US$ 5-year RegS – senior unsecured Sustainable Sukuk
QIIB, rated A2 by Moody’s (stable) and A- by Fitch (positive), a leading Islamic bank in Qatar, appointed Standard Chartered…
BankDhofar Investment Banking sustaining customer value with innovative financial strategies
BankDhofar, at the forefront of innovation in Oman's banking and financial services landscape, is dedicated to fostering sustainable growth for…
HSBC Qatar appoints head of human resources
Mohammed Jassim Al Sultan has been appointed to the role of head of Human Resources for HSBC in Qatar. …