Wealth boom sparks private banking rush to UAE
The wealth industry is thriving in the United Arab Emirates and private banks have taken note. HSBC’s recent expansion…
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CBB receives renewed ISO certification for Information Security
The Central Bank of Bahrain announced that it has obtained the “ISO 27001/2013” certification for Information Security Management issued by…
NCP signs a cooperation agreement with Riyad Bank
The National Center for Privatization & PPP signed a cooperation agreement with Riyad Bank to establish a cooperation framework between…
QIB introduces Samsung Wallet to customers
Qatar Islamic Bank has announced the launch of Samsung Wallet, a secure and easy-to-use mobile payment service for all QIB…
Saudi Arabia unveils open banking framework
Saudi Arabia's central bank has published an open banking framework, setting out legislation, regulatory guidelines and technical standards. The…
New senior director for KPMG in Saudi Arabia: Gasser Osman
KPMG has promoted longstanding company member Gasser Osman to Senior Director in its Saudi Arabia practice. Appointed to the…
Ahmed Boshnak on Bain's growth and culture in Saudi Arabia
Global strategy consulting firm Bain & Company is continuing its growth in Saudi Arabia. To understand more about the firm’s…
Lebanon's 'zombie' banks are broke, but no one wants to admit it
Mahmoud Ramadan knocked on a metal gate sealing a bank’s entrance in Beirut’s Corniche el-Mazraa street to no answer. …
Kuwait appoints new CEOs for state oil companies
Kuwait appointed new leaders for its state oil companies, state news agency (KUNA) reported on Sunday. Ahmed Jaber Al…
Kuwait Starts Commercial Operations at New Al-Zour Mega-Refinery
Kuwait has started commercial operations of the first phase of its Al-Zour mega-refinery, after the initial production and sale of…
For expats, Sharjah's property ownership decree clears path on inheritance, transfer of rights – will an offplan boom follow?
Sharjah’s updated real estate laws provide a clear pathway on inheritance rights related to freehold property – and which will…
Climate activists and World leaders head to Egypt for COP27
The 2022 United Nations Climate Change Conference, more commonly referred to as Conference of the Parties or COP27, will be…