Qatar takes part in Arab Monetary Fund, Arab Finance Ministers Council meetings
The meeting took place in Jeddah in the Kingdom of Saudi Arabia. The session reviewed the most important regional and…
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QNB, QDB sign partnership agreement on 'Al-Dhameen' updated programme
QNB has signed an agreement for ‘Al-Dhameen’ updated programme in partnership with Qatar Development Bank. Al-Dhameen is one of…
UAE’s DFSA introduces ‘whistleblowing’ regulatory regime
The Dubai Financial Services Authority has launched its regulatory regime for Whistleblowing. The regime is the first of its kind…
IMF, Lebanon reach draft funding deal, subject to reforms
The International Monetary Fund said on Thursday it had reached a draft funding agreement with Lebanon - but that Beirut…
SNB Capital sees profit leaps for SABIC, Al Rajhi Bank in Q1 2022
Saudi Arabia’s major players, including Saudi Basic Industries Corp. and Al Rajhi Bank, are expected to see a jump in…
QIB completes legal procedures to raise foreign ownership limit up to 100%
Qatar Islamic Bank Group has completed legal procedures regarding raising the foreign ownership limit up to 100%. "Pursuant to…
National Bonds investments up 36% to AED 11.89bln marking significant shift in savings behavior across UAE
National Bonds, the UAE’s Shari’a-compliant savings and investment company owned by the Investment Corporation of Dubai, saw its investments increased…
novobanco goes live with Objectway to lead the way in investment services
Powered by Objectway Investment Advice, delivered on Cloud and SaaS-enabled, novobanco take advantage of a centralised and structured investment tool…
UAE, Qatar, Saudi Arabia rank among top 10 in the Global Passport Index based on investment opportunities
The UAE has ranked fifth globally – and first among Middle East nations – while Qatar and Saudi Arabia have…
Rainer Kasch appointed head of Saudi Arabia securities services by FAB Capital
First Abu Dhabi Bank (FAB) has announced the appointment of Rainer Kasch as managing director and head of Saudi Arabia…
High reliance on foreign funding poses risks for Qatari banks: Moody’s
Banks in Qatar are increasingly turning to foreign sources of funding due to a big demand for loans from projects…
Wale Ayeni, head of VC investments for IFC in Africa, Middle East and Central Asia, is leaving the firm
Wale Ayeni, the regional head of venture capital investments for the IFC in Africa, has left the International Finance Corporation…