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Comment & Analysis

UAE safe haven for global wealthy families, says Marc Sola

September 12, 2022

Wealthy families around the globe are currently planning migration looking for personal safety, political stability, modern infrastructure with first-class medical…

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Regulation, Risk & Compliance

UAE among top 10 in 432 global indicators: Federal Competitiveness and Statistics Centre

September 12, 2022

The UAE tops 156 world competitiveness indicators, and is among the top 10 in 432 thereof, according to the Federal…

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Comment & Analysis

UAE H1 tourism revenues top $5bln – vice president

September 12, 2022

The United Arab Emirates' tourism revenues were 19 billion dirhams ($5.17 billion) in the first half of 2022, its vice…

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Regulation, Risk & Compliance

UAE Cabinet approves new law on public-private partnership

September 12, 2022

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,…

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Regulation, Risk & Compliance

Gold flat ahead of inflation with more big rate hikes looming

September 12, 2022

Gold was flat before US inflation data due Tuesday, and as central bankers in the US and Europe signaled more…

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Executive Moves

HSBC invests in young Kuwaiti talent

September 12, 2022

HSBC Kuwait appointed six young talented Kuwaitis as part of its ongoing investment in future leaders and support of the…

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Islamic Finance

Islamic Development Bank approves $1.12bn in development financing for nine member countries

September 12, 2022

Saudi Arabia-headquartered Islamic Development Bank’s (IsDB) board of executive directors, approved a total of $1.12bn for development projects financing in…

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FinTech

Sohar International offers free of charge local and & international transfers through mobile banking app

September 12, 2022

In line with the bank’s digital transformation strategy to enhance digital financial inclusion, Sohar International recently announced its Free Remittance…

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Regulation, Risk & Compliance

Saudi Arabia to highlight sustainability successes during G20 Development Ministerial Meeting

September 9, 2022

Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim will lead a senior Saudi delegation at the G20 Development Ministerial…

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Retail Banking

Emirates NBD Securities launches end-to-end digital onboarding platform

September 9, 2022

The newly launched platform enables more than a million customers to start trading instantly amid increased demand for stocks and…

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Regulation, Risk & Compliance

Saudi Fund for Development finances $18.4bn worth of projects in developing countries

September 9, 2022

The Saudi government, represented by the Saudi Fund for Development, has contributed over SR69.1 billion ($18.4 billion) to financing projects…

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Comment & Analysis

Dubai businesses record highest sales in 38 months, but new hiring is slow: August PMI data

September 9, 2022

Businesses in Dubai are offering more discounts to bring in more orders and sales, which at the end of August…

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