Middle East NextGen focus on future priorities
Speakers at Jersey Finance’s flagship Dubai conference and new research published by the organisation looking at the world of Islamic…
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17 Black-linked company used Pilatus Bank to wire millions – report
Up to $10 million in potentially “suspicious” transactions were wired to a mystery company linked to 17 Black through the…
Al-Rushood: digital transformation is at the heart of the Kuwaiti banking sector
"Despite adverse consequences of the Covid-19 pandemic, we learned many lessons about the importance of adapting to change, coping with…
AML UAE launches Anti-Money Laundering Consulting Services in UAE
AML UAE has launched Anti-Money Laundering Compliance services in UAE to help Financial Institutions and Designated Non-Financial Businesses and Professions…
Arab Bank Group net profit up 61% to $314.5m
Arab Bank Group reported a net income after tax of $314.5 million for 2021, compared with $195.3 million in 2020,…
Fawry tops the acceptance segment through its comprehensive "Fawry Accept" solutions bundle
Fawry for Banking and Electronic Payment Technology led the digital payments scene in Egypt through a series of substantial successes…
Citigroup Is Hiring Across Gulf, Awaits Another Record IPO Year
Citigroup Inc. is boosting its presence in the Gulf region as it expects activity including initial public offerings to reach…
Dubai's super-luxury property prices now start at Dh75m
The real estate theme for 2021 was certainly the exponential rebounding of Dubai’s uber-luxury residential market, with Knight Frank previously…
Dubai third globally in attracting greenfield foreign direct investments
Dubai continued to maintain its leadership position among the world's preferred destinations for foreign direct investment (FDI), attracting AED15.9 billion…
UAE largest bank achieves record profit
The UAE's largest bank, First Abu Dhabi Bank (FAB), said on Thursday it scooped record annual net profit of $3.4…
UAE's biggest bank FAB is riding the perfect storm of growth
The US Fed Chairman Jerome Powell has ratcheted up the intensity on upcoming interest rate hikes, with markets already pricing…
Deloitte: CEO optimism in GCC's construction sector bounces back
Deloitte recently conducted its annual survey of chief executives in the GCC construction industry. Middle East-based Deloitters Jaimi Raikundalia, Nishant…