Kuwaiti Private Bank Moves Into Historical Geneva Building
The growing Kuwaiti NBK Banque Privée from Kuwait has had a presence in Switzerland since 1984. It has moved into…
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Corporate loans to drive Saudi banks’ credit growth
The credit growth in Saudi Arabia’s banking system is strong and will be driven by corporate loans, said Al Rajhi…
UAE's genome project will benefit the entire Arab world
A local newspaper has said that next month will be the 20th anniversary of the Human Genome Project’s ground-breaking achievement…
Kuwait ministry warns against scammers using fake links to steal banking data
Kuwait’s Ministry of Commerce and Industry (MoCI) has cautioned against opening fake links, sent through short messages, social media and…
Dubai Financial Market introduces ‘Omnibus Accounts’ for investors
The Dubai Financial Market (DFM) launched the Omnibus Accounts structure for holding securities as a gateway to accessing investment opportunities…
Corporate Tax is ‘a good opportunity’ but panel of experts raise red flag on awareness
Leading auditing and taxation firm Corporate Group sought to allay concerns over the looming regime of corporate tax in the…
Saudi Arabia’s climate action can help defuse regional conflicts
There is clear evidence linking severe climate conditions, such as drought, desertification and water scarcity, to civil wars and cross-border…
The CBB issues a new regulatory framework for digital tokens
The Central Bank of Bahrain has issued amendments to its Crypto-assets Module in March 2023, following a consultation process with…
Bank of Singapore appoints Global Market Head of Middle East
Bank of Singapore has announced the appointment of Mr Ranjit Khanna as its Global Market Head of Middle East and…
Kuwait Sovereign Wealth Fund Reduces Stake in Mercedes-Benz
Mercedes-Benz Group AG said Wednesday that the Kuwait Investment Authority has reduced its stake in the company by selling about…
Al Alamiya Insurance appoints Kamran Mazhar Jaffery as CEO
Al Alamiya for Cooperative Insurance Company has announced the appointment of Kamran Mazhar Jaffery as its new Chief Executive Officer,…
How the Saudi Green Initiative has moved from ambition to action, two years on
When one thinks of Saudi Arabia, one imagines scenes of rolling sand dunes as far as the eye can see…