UAE businesses go slow on new jobs, while orders dip in December: S&P Global
New orders generated slowed down for UAE businesses in December as did output, as the private sector took on a…
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UAE unemployment insurance scheme: Over 60,000 subscribers sign up in two days
More than 60,000 employees have successfully signed up for the Unemployment Insurance Programme since it came into effect on January…
Central Bank of Turkey Successfully Tests Payment Transactions Using Digital Lira
The Central Bank of the Republic of Turkey has successfully tested the first transactions using the digital Turkish Lira. …
Egypt: Credit facilities for 100 largest bank clients increase to $24.32bln
The Central Bank of Egypt has revealed that the credit facilities granted to the largest 100 borrowers in the public…
Qatar’s infrastructure facilities to expand in years ahead
With the rapid increase of foreign investments and trade relations between countries and numerous firms, Qatar is paving its way…
Middle East’s M&A space can expect some surprises in 2023
Mergers and acquisitions in the Middle East have seen a slowdown in 2022 as corporate and financial investors turned cautious…
Egypt has third best banking system in Arab world in terms of assets, deposits, and loans: UAB
The Union of Arab Banks said that the Egyptian banking sector has achieved tremendous success and impressive results over the…
Who’s Who: Muneera Al-Dossary, head of asset management at ANB Capital
Muneera Al-Dossary has been the head of asset management at ANB Capital since June 2022. She is also the…
Wio Bank partners with FAB to facilitate cash and cheque deposits
Wio Bank, the region’s first platform bank, is partnering with First Abu Dhabi Bank (FAB), the UAE’s largest bank and…
Six Kuwait banks join GCC Cross-border Payment System
Six local banks have joined the GCC Cross-border Payment System in the State of Kuwait, the Central Bank of Kuwait …
Azizi Developments appoints new Chief Facilities Executive and Senior Advisor
Azizi Developments has appointed a new Chief Facilities Executive and Senior Advisor, Dr. Mahmoud Reza Taheri, to lead its Facility…
Growing its network, Bank Nizwa announces new branch opening in Mawaleh
Expanding its footprint, Bank Nizwa, the leading Islamic Bank in the Sultanate, has inaugurated its 18th fully functional branch in…