The Banking Control Law in Saudi Arabia
In light of the extra precautions the Saudi government is taking to mitigate financial crimes, it is necessary to shed…
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Boubyan Bank records KD 17mln in net profits for the first quarter of this year
Al-Majed: A Good Start to 2022 and We Are Looking Forward to Continuing Our Full Digital Transformation Strategy Al-Majed: Moody’s…
Arab economies expected to grow by 5% in 2022: AMF
5% in 2022, supported by the increase in oil production and its prices in international markets and the continuation of…
EY: Two thirds of Middle East CEOs to pursue M&A in 2022
Two thirds of CEOs in the Middle East plan to pursue a merger or acquisition in the next 12 months,…
FAB teams up with IBM to accelerate digital transformation
First Abu Dhabi Bank has announced the collaboration with IBM Consulting to support the bank’s ongoing digital transformation journey. …
Submit your tax returns by this date: Tax Authority Oman
The Tax Authority has urged those subject to the provisions of value-added tax to submit tax returns for the first…
Saudi telecom firm Zain net profit jumps 98% to $22m in Q1 on higher revenue
Mobile Telecommunication Co. Saudi Arabia, known as Zain KSA, has seen a 98 percent increase in net profit during the…
National Bank of Kuwait reports net profit of KD 116.6mln for the first quarter of 2022
Al-Sager: Our strong performance is supported by prudent risk management and excellent credit quality We continued delivering strong performance across…
Mubadala names new CEO for Abu Dhabi Investment Council
Mubadala Investment Company has appointed Mohamed Ali Al Dhaheri as the next CEO of its portfolio company, Abu Dhabi Investment…
Abu Dhabi added 80 economic activities in 2021
Abu Dhabi added 80 economic activities in 2021 spanning key sectors as the emirate seeks to attract more businesses as…
FAB teams up with IBM to hasten digital transformation
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has…
GCC banks require monitoring once pandemic measures lifted: IMF
The Gulf Co-operation Council (GCC) banking sector requires close monitoring to contain financial vulnerabilities once the Covid-19 policy support measures…