Central Bank warns of potential salary budget shortfall in 2026
The Central Bank of Libya has warned that the continued rise in salary expenditures could result in a shortfall in…
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Closing Bell: Saudi main market up to 11,115 points with $2bn in trade value
Saudi Arabia’s benchmark Tadawul All Share Index rose 142.29 points, or 1.30 percent, on Tuesday to close at 11,115.37. …
Why UAE residents shouldn't expect interest rates to be cut next week
Hopes for lower borrowing costs have taken another hit after a surprisingly strong US jobs report reduced expectations that the…
Qatar Central Bank announces changes to 5, 10, 50 riyal banknotes
The Qatar Central Bank (QCB) has announced changes to the fifth series of the 5, 10, and 50 riyal denominations,…
KPMG and INSEAD launch global AI Board Governance Principles as AI reshapes board oversight
KPMG International has launched a set of AI Governance Principles for Boards, developed in collaboration with the INSEAD Corporate Governance…
Investor onboarding in the Middle East and Asia: where KYC creates friction between privacy and compliance
Investor onboarding is often the first point at which a promising relationship can start to break down. For family offices,…
Mashreq partners Neovision Wealth for private markets platform
Mashreq Private Bank has partnered with fund and investment advisory firm Neovision Wealth Management, as well as Red Lions Capital…
Quilter Cheviot expands Andrew Fahy’s role with international remit
Quilter Cheviot has announced Andrew Fahy will take on strategic responsibility for the international business. Currently Chief Executive Officer…
Dubai Insurance ranked 10th globally and 2nd in the Arab world in TIME's Global Growth Leaders 2026 ranking
Dubai Insurance has secured the 10th position globally and ranked 2nd in the Arab world in the inaugural TIME Global…
Bank Nizwa named issue manager and collecting bank for upcoming Sovereign Sukuk Series 11
Reaffirming its leadership in the Islamic finance sector, Bank Nizwa, the most-trusted Islamic bank in the Sultanate of Oman, is…
UAE and Bahrain central banks deepen financial cooperation and innovation ties
The Central Bank of the UAE and the Central Bank of Bahrain (CBB) are looking to deepen cooperation across the…
Oman’s central bank raises OMR38.1mn through treasury bills
Oman’s central bank raised OMR38.1 million by way of allotting treasury bills on Monday. The value of the allotted treasury…