Lebanon’s central bank vows to cooperate with audit as pound dips
Lebanon’s central bank said on Thursday that it would fulfil all data requests from the consultancy Alvarez & Marsal (A&M)…
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Saudi Arabia to allow more digital banks, central bank governor says
Saudi Arabia will give operating licences to more digital banks, Central Bank Governor Fahad al-Mubarak said on Thursday at a…
Emirates Development Bank lends over Dhs700m to UAE’s industrial sector
UAE’s Emirates Development Bank (EDB) has allocated a Dhs700m financing package to the nation’s industrial sector since the beginning of…
$817mln of weeklong real estate transactions recorded in Dubai
Dubai saw the completion of 1,850 real estate transactions at over AED7 billion during this week, according to the Dubai…
Saudi bourse sees biggest weekly loss in over a year
Saudi Arabia's stock market gave up early gains to end lower on Thursday, registering its fourth weekly loss in five…
Oman: possible banking merger between “Nizwa” and “Sohar International”
The Board of Directors of Bank Nizwa welcomed the contents of the letter presented by Sohar International Bank, which will…
CITC seeks public input on new digital content platform regulations
The Communications and Information Technology Commission (CITC), Saudi Arabia’s digital regulator, is calling for public input through November 30 on…
Moelis Plans Saudi Hires
Moelis & Co. will soon hire staff in Saudi Arabia as it sees the kingdom attracting more foreign investors and…
The path forward for Wealth Managers: explainable ESG and hyper-personalisation
Last week, the Portfolio Managment Association of Canada held their National Conference. This year’s slogan was “Rebooting and Rebuilding. A…
BACB appoints Fitzgerald new finance chief
British Arab Commercial Bank (BACB), the UK-regulated international wholesale bank specialising in Africa and the Middle East, has appointed Louise…
Major Swiss banks to increase presence in Qatar: Ambassador
Major Swiss banks including Switzerland’s largest and second largest banks – UBS Group and Credit Suisse Group, respectively - are…
UAE to set up $10bn investment fund in Turkey
The UAE has announced plas to establish a $10 billion investment fund in Turkey. The new fund will focus on…