Lebanon banking group rejects latest draft of financial recovery plan
The Association of Banks in Lebanon said on Saturday it “completely rejects” the government’s latest draft of a financial recovery…
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‘Adopting Crypto in A Big Way,’ Binance Receives Bahrain License
Binance is granted the Central Bank of Bahrain’s first crypto-asset service provider license. Bahrain’s Prince Salman bin Hamad Al…
Noqood Holding officially launches operation in Egypt
Noqood Holding and its subsidiary KashNow, have officially announced the launch of their operations in Egypt, during a ceremony attended…
Bahrain Retirees Receive Pension Increase
The pension rise to the salaries of retirees from January 2021 to April 2022 has been deposited in their bank…
Fitch Affirms Egypt at 'B+'; Outlook Stable
Fitch Ratings has affirmed Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook. A full…
Saudi official entities warn against forex trading
Saudi official entities have warned against the use of forex trading on their official Twitter accounts. Forex, also known…
KFH records $227.6mln net profit for Q1
Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net…
Saudi’s start-up Retailo acquires Dubai-based online marketplace DXBUY
Saudi-based start-up Retailo, a business-to-business (B2B) platform for retail supply chains, has acquired Dubai’s e-commerce marketplace DXBUY for an undisclosed…
The GCC’s net zero goals set to boost sustainability-linked loans, bonds
Green finance — an effort to factor sustainability into a traditional banking industry — made a big foray into the…
NEOM pitches investment opportunities to more than 700 US business leaders
More than 700 US business, sustainability, and investment leaders attended a series of showcase events to highlight the development of…
Businesses need to think beyond cybersecurity and on cyber-resilience
If there’s one lesson we learned, the pandemic changed the face of smart connectivity, digital transformation and human connections in…
MENA startups: $2.88bln invested in 2021, early-stage deal value doubled
Investments in MENA start-ups came close to quadrupling from 2020 to 2021, fuelled by the growth in technology adoption and…