Saudi EXIM Bank Approves Credit Worth $1.4 Bn to Boost Alternative Economy
The Saudi Export-Import Bank approved loans worth over $1.46 billion during the first quarter of 2022 to support the Vision…
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Al Masraf stages strong comeback with Dh132 million profit in 2021
Arab Bank for Investment and Foreign Trade, popularly known as Al Masraf, on Monday staged a strong comeback with Dh132…
Gulf lendere QNB posts 9% rise in first-quarter profit
Qatar National Bank (QNB) posted a 9% rise in quarterly profit on Monday, helped by healthy loan growth and cost…
Dubai’s Most Expensive Villa Is This Massive Megamansion, Which Sold for AED 280 Million
A custom-built, 33,300-square-foot megamansion that sold last week for AED 280 million (US$76.2 million), now holds the record for Dubai’s…
Binance earns in-principal approval from ADGM
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission…
UAE’s Emirates ID replaces visa sticker in passport as proof of residency from today
As the UAE’s residency visa stickers in passports are replaced with Emirates ID as of today, April 11, the previous…
Dubai's private sector businesses see strong improvement despite inflation
Dubai's private sector business conditions improved sharply in March as output increased due to new business intakes, according to a…
Severe shortage of workers; 7,000 over 60s expat ‘craftsmen’ leave for good
The recent government decisions regarding a complete return to the manifestations of normal life to what it was before the…
Investcorp launches the first global institutional blockchain fund
Investcorp, a leading global alternative investments firm headquartered in Bahrain, has announced the launch of eLydian Lion, the first dedicated…
Abu Dhabi’s Aldar targets Emirati buyers with its new $544mln villa development
UAE developer Aldar Properties is looking to further tap into strong local demand with the launch of its new 2…
Banks close “unused” bank accounts for 6 months
Banks operating in the state, after much controversy over “forgotten” accounts, have begun to close accounts that their owners have…
NBO Customers Can Enjoy Lowest Rates When Using Prepaid Badeel Travel Card
National Bank of Oman (NBO) has added even more value to its Badeel Multicurrency Travel Card with the lowest markup…