RAKBank appoints Raheel Ahmed as its chief executive
National Bank of Ras Al Khaimah on Thursday said it has appointed Raheel Ahmed as its new chief executive. …
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Israel’s First Digital Bank raises USD 120 million from global investors
The First Digital Bank (FDB) announced on Tuesday that it has raised USD 120 million from backers, including Swiss wealth…
Saudi 2022 inflation seen within a range of 1% to 2%, given no change in VAT
The annual rate of consumer inflation in Saudi Arabia has averaged 3.3 percent in the year through November 2021, according…
DeFi set to revolutionise global trade
The UAE is making significant strides and fast becoming one of the world’s most blockchain-friendly nations with decentralised finance (DeFi)…
Qatari realty firms named among region’s top firms
Qatari real estate companies have been ranked among the region’s top companies by Forbes magazine. Qatari Diar, Ezdan Holding Group,…
Banks in UAE need to ensure full compliance with consumer protection rules: UAE Central Bank
Banks in the UAE will need to work closely with the regulator towards “full compliance” on the Consumer Protection Regulations…
Cayman Grand Court opens the floodgates to derivative claims by limited partners
In Kuwait Ports Authority & Another v. Port Link GP Ltd. & Ors (FSD 236 of 2020, unreported, 25 November…
Qatar introduced further changes in UBO legislation
On 6 September 2021 Qatar Financial Center amended the requirements relating to UBO declaration applicable to all entities, including branches…
Binance in Talks for Middle East HQ
Binance continues its pursuit of establishing a headquarter with reported discussions with United Arab Emirates regulators. Crypto giant Binance…
Mohammed Kateeb named Co Chair of CIBAFI’S ITWG
Azentio Software is pleased to announce that Mohammed Kateeb has been selected as a co-chair of the CIBAFI’s Innovation and…
RAKBANK announces new Chief Executive Officer
The National Bank of Ras Al Khaimah’s (RAKBANK) Board of Directors appointed Mr. Raheel Ahmed as the new Chief Executive…
Anchorage Investments appoints Duff & Phelps as financial advisor
Anchorage Investments, a company specializing in the development, investment and operation of industrial projects in the petrochemical sector, today announced…