NBO launches new Merchant App
Continuing to transform the country’s payments landscape, National Bank of Oman (NBO) has launched its new Merchant App. An easy…
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Dubai developer says he's shocked by property rebound
BARELY a year after predicting Dubai's real estate sector was facing a disaster from oversupply, the billionaire head of one…
Former Abraaj managing partner fined $1.9m by Dubai regulator
The Dubai Financial Services Authority has fined former Abraaj managing partner Mustafa Abdel-Wadood $1.9 million for breaching its rules and…
Dubai-based Tarabut Gateway concludes $25m funding rounds
Tarabut Gateway, the Dubai-headquartered Open Banking platform, has concluded two funding rounds which raised $25 million in the last eight…
Central Bank of the UAE establishes Cyber Security Operations Centre
The Central Bank of the UAE (CBUAE) has announced the establishment of the CBUAE Networking and Cyber Security Operations Centre…
Qatari Central Bank approves $50bln bank merger
Qatar Central Bank (QCB) has approved the $50bn merger between Masraf Al Rayan and Al Khaligi Bank. The merged…
Goldman Sachs Announces Managing Director Class of 2021
We are pleased to announce that 643 individuals across 45 offices have been invited to become managing directors as of…
Egypt's MIDBANK Selects Temenos to Power its Digital Transformation
Temenos has announced that MIDBANK, a universal bank in Egypt providing retail, corporate, and investment banking services, has selected Temenos' open…
Boursa Kuwait announces profits of KD 11.7mln for the period ended 30 September 2021
Adjusted net profit recorded a robust organic growth of approximately 36%. The increase is derived by excluding the one-time “gain…
QNB Named Best Private Bank in Middle East
QNB Group, the largest financial institution in the Middle East and Africa, had been named ‘The Best Private Bank Qatar…
Saudi Arabia appoints financial advisers for a planned green debt issuance
Saudi Arabia has appointed financial advisers for a planned green debt issuance but has yet to decide on the format,…
Dubai regulator fines former financial services firm director
The Dubai Financial Services Authority (DFSA) has handed Gilles Rollet a $175,000 (£128,092, €151,267) penalty. He was senior executive…