NBB launches campaign to promote positive saving behaviour
An initiative to encourage digital engagement and promote positive saving behaviour has been introduced by the National Bank of Bahrain…
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Emirates NBD extends $100m loan to Luxembourg-based CPI Property Group
Emirates NBD has arranged a AED367.3 million ($100 million) credit facility for Luxembourg-based CPI Property Group (CPIPG) to support deferred…
Government and corporate borrowing helps Oman banks prosper
Oman’s banks posted their strongest quarterly profit growth in at least three years in the first quarter, fuelled by government…
Saudi Arabia powers sustainability race as EV sales in ME surge 40%
Saudi Arabia is emerging as the Middle East’s leading force in electric vehicle adoption and manufacturing as governments across the…
UAE banks fully prepared for Eid Al Adha with 24/7 services
The Central Bank stated in its directives: “Given the relatively extended Eid holiday period, and to facilitate customers’ money transfers…
Zug-Based Asset Manager Expands in the Middle East
As part of its growth strategy, QCAM has decided to establish «a dedicated presence in the Middle East region,» according…
Oman Central Bank issues $26mln in treasury bills
The Central Bank of Oman announced the issuance of government treasury bills worth a total of OMR 10 million this…
Saudi Arabia’s premium dining sector turns to new financing models
Saudi Arabia’s rapidly expanding foodservice industry is fueling demand for new financing models as Vision 2030 accelerates tourism and hospitality…
The UAE real estate market is no longer a short-term trade
For years, the story of UAE real estate was told in superlatives. Record transactions. Record prices. Record launches. It was…
Iran’s Central Bank Governor Departs for Qatar
The Governor of the Central Bank of Iran, Abdolnasser Hemmati, departed for Qatar today to lead economic commission talks aimed…
Mastercard renews partnership with Egypt's CIB
Mastercard and CIB have renewed their partnership to support digital payments innovation and expand access to financial solutions in Egypt.…
Guernsey-Gulf trade agreement “strengthens island’s international position”
Guernsey is included in a new free trade agreement between the UK and Gulf countries including Bahrain, Kuwait, Oman, Qatar,…