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Islamic Finance

Sharjah Chamber of Commerce continues trade mission in India, highlighting Sharjah’s promising investment opportunities

May 31, 2023

The Sharjah Chamber of Commerce and Industry  has continued its trade mission in the Republic of India for the second…

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Comment & Analysis

GCC institutional investors highlighted during economic forum in Jordan

May 31, 2023

Over 300 business and political leaders attended the event, including several ministers, top government executives, investors and CEOs.   H.E.…

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FinTech

KIB launches first Biometric Visa Card in Kuwait

May 31, 2023

Kuwait International Bank has announced the launch of its Biometric Visa Card, which uses the customer’s fingerprint to authorize POS…

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Executive Moves

AVEVA further strengthens executive leadership team with four new senior roles

May 30, 2023

AVEVA  has further strengthened its leadership team announcing four new senior executive roles as the company drives forward its new…

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Executive Moves

KPMG elects new board for Saudi Arabia, Jordan, Lebanon and Iraq

May 30, 2023

KPMG has elected a new Board of Directors for its Saudi Arabia organisation, which further oversees the countries of Jordan,…

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FinTech

BM Fintech signs MoU with centre for AI innovation global

May 30, 2023

BM Fintech - Bait Al Mashura Finance Consultations and CEAI (Centre for AI Innovation) - MyFinB have signed a memorandum…

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Financial Results

First-quarter profit of UAE’s top 10 banks up 35% on lower impairments

May 30, 2023

The combined net profit of the UAE’s 10 largest banks rose by 35 per cent on a quarterly basis in…

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Comment & Analysis

Saudi Arabia's special economic zones 'pivotal' to its future as an investment destination

May 30, 2023

Saudi Arabia's new special economic zones are “pivotal” to its present and future as a global investment destination, creating opportunities…

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Tax

Difference between VAT and corporate tax

May 30, 2023

The UAE is taking a step forward on June 1 in expanding its revenue base when it introduces corporate tax…

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Retail Banking

Banque Misr to secure $260mln loan from IFC for MSMEs in Egypt

May 30, 2023

The International Finance Corporation  is considering offering a five-year senior loan of up to $260 million to Banque Misr to…

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Retail Banking

UAE banks’ Q1 profit surges 35%: Alvarez & Marsal

May 30, 2023

UAE banks’ profitability grew by 35 percent in Q1 from the previous quarter due to enhanced cost efficiencies and lower…

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FinTech

SingleView launches open banking solutions at Seamless Middle East 2023 in Dubai

May 30, 2023

UMG Alholol Trading Company “SingleView” participated in the “Seamless Middle East 2023” exhibition on May 23-24 in Dubai, aiming to…

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