National Bank of Bahrain wins top award from JP Morgan
The National Bank of Bahrain said it has been awarded the ‘Elite Quality Recognition Award’ by JP Morgan for its…
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UAE banks' funding to commercial, industrial sectors up 5.6pc
The credit financing provided by the national banks in the UAE to the business and industrial sectors has increased by…
GCC countries making headway against shadow economy
Bringing informal businesses into the formal economy will continue to be a huge driver of growth in Gulf Cooperation Council …
Julius Baer Heads to Dubai in First Expansion of Crypto Ambitions Beyond Switzerland
Julius Baer is expanding its crypto wealth management services in Dubai, marking the firm’s first major digital-assets push beyond the…
Saudi Arabia launches sustainable agricultural challenge to optimize global crop yield
Saudi Arabia has gathered momentum in its commitment to sustainability by identifying and supporting top innovators of climate-smart agriculture solutions. …
UAE’s Vault unveils digital platform to endorse regional investment practices
Vault, a private wealth management platform with its headquarters in Dubai, aims to revolutionise investment practices in the region with…
Dubai’s luxury real estate market is booming. Here’s why
The terms ‘Dubai real estate’ and ‘luxury’ have become somewhat interchangeable this year – rarely do you hear this market…
UAE national banks provide $201bn in financing by April
The Central Bank of the UAE said national banks increased their credit financing to business and industrial sectors by 5.8…
Egypt launches digital platform EUG to boost petroleum sector
Egypt’s Ministry of Petroleum and Mineral Resources announced the launch of Egypt Upstream Gateway (EUG), a digital platform to promote…
Cut loan dues to 5%: Kuwait
MP Fayez Al- Jomhour has proposed adding a clause to Article 28 of Housing Affairs Law number 47/1993, stating that…
ING Türkiye renews $362mln syndicated loan with 112% roll-over
ING Türkiye has renewed its syndicated loan with a 112% roll-over ratio, successfully signing 332 million euro ($362 million) equivalent…
Abu Dhabi GDP shows 3.9% growth in Q1 2023: SCAD
The Statistics Centre – Abu Dhabi (SCAD) has published its findings, which show that Abu Dhabi’s gross domestic product (GDP)…