Mashreq announces appointment of Bassam Moussa as Group General Counsel
Mashreq has announced the appointment of Bassam Moussa as the new Group General Counsel. Bassam will be responsible for overseeing…
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Daily returns with ‘Wafra Plus’ account from ahlibank
As part of ahlibank’s commitment to offering innovative products and services to its customers which support their saving goals in…
Financial industry ranks second in most hybrid multicloud deployments
Nutanix has announced the financial services industry findings of its fifth annual Enterprise Cloud Index survey, which measures enterprise progress…
Al-Falih highlights Saudi investment interest in Brazil
Green energy and food security are two of the main sectors in which Saudi Arabia is interested in investing in…
Saudi Arabia’s real estate price index rises 0.8% in Q2: GASTAT
Driven by rising property prices, Saudi Arabia’s Real Estate Price Index edged up by 0.8 percent in the second quarter…
Dubai: Bank fined Dh11.1 million for inadequate anti-money laundering systems
The Dubai Financial Services Authority on Tuesday said it imposed a fine of $3.02 million Dh11.1 million) on the bank…
UAE GDP records 3.8% growth in three months
UAE GDP has witnessed a 3.8 percent growth in the first quarter of 2023, confirming the strength of the national…
DFSA fines bank Mirabaud $3m for anti-money laundering controls failings
The Dubai Financial Services Authority issued a statement stating that it imposed a fine of $3,022,500 (Dhs11,100,131) on the bank…
Dubai’s Biggest Lender Names Asarpota CEO of Investment Bank Arm
Emirates NBD PJSC appointed Hitesh Asarpota as chief executive officer of its investment banking division, replacing Mohammad Al Bastaki, who…
Saudi Central Bank approves insurance rules for fintech sector
Reaffirming its ongoing efforts to improve the insurance sector, Saudi Central Bank has approved laws to provide fintech firms with…
Saudi Arabia’s Social Development Bank wins major award
The Social Development Bank has been honored by Asian Banking and Finance — the leading industry organization serving Asia’s financial…
Dubai Chamber of Commerce marks significant step in strengthening bilateral trade and investments with launch of Serbian Business Council
Mohammad Ali Rashed Lootah: “Over the years, we have successfully established enduring relationships with Serbian companies and organisations. Today, we…