Nomo Bank signs strategic partnership with Blueprint
Nomo Bank, the digital sharia-compliant bank in the United Kingdom that is part of the Bank of London and the…
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Emirates NBD and Microsoft team to transform banking with Generative AI
Emirates NBD, a banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced to transform business…
Saudi business sector boom spurs growth in bank credit
Saudi Arabia’s business sector saw a boom across most segments in May, with banks extending loans, overdrafts and lines of…
OBG report to spotlight Kuwait’s investment landscape
Kuwait’s successful efforts to enhance its investment environment and boost inflows for sectors with high growth potential will be explored…
Saudi National Bank was denied taking 40 per cent Credit Suisse stake: report
Saudi National Bank wanted to increase its stake in Credit Suisse to around 40 per cent from 9.88 per cent,…
Deadline for companies to meet Emiratisation targets ends today
The deadline for meeting semi-annual Emiratisation targets for private sector companies with 50 employees or more ends on July 7.…
Turkish neobank Papara becomes latest unicorn following acquisition of Spain’s Rebellion
Turkish neobank Papara has snapped up Spanish challenger bank Rebellion, in a move which propels Papara to unicorn status. …
QCB foreign reserves jump by 14% in June; central bank issues treasury bills worth $1.37bln
International reserves and foreign currency liquidity of the Qatar Central Bank jumped last June to reach QR240.742bn, an increase of…
UAE, Pakistan business relations strengthen, new deal to explore renewable energy projects
The UAE and Pakistan on Thursday signed a memorandum of understanding (MoU) for opportunities and development of renewable energy projects…
NEOM green hydrogen project on track for 2026 completion
Global utility project developer Acwa Power has announced that work is currently underway on its ambitious green hydrogen facility at…
Abu Dhabi's ADQ acquires minority stake in Canadian investor
Sovereign-wealth investor Abu Dhabi Development Holding Co., (ADQ), and Canada's Bank of Montreal (BMO) have agreed to acquire minority equity…
US Hedge Fund Verition sets up office in DIFC
US Hedge Fund Verition has opened an office in Dubai International Financial Centre as it eyes global expansion. The…