UBS Plans Israel-Based Cyber Center
Switzerland's biggest bank is increasing its efforts to combat cyber crime, as the Swiss government also prioritizes the threat. …
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Saudi Arabia arrests 172 expats and citizens on corruption charges
Saudi Arabia's Oversight and Anti-Corruption Authority (Nazaha) has arrested 172 expatriates and citizens for alleged corruption including bribery, abuse of…
Middle East data protection update
The past couple years have seen Qatar, Saudi Arabia and the UAE in particular has continue to take significant steps…
Saudi banks building on long-term loan portfolio; demand deposits grow
The long-term portion of the credit provided by Saudi banks to the private and public sector continues to account for…
Appointment of New Head of EBRD's Ankara Office
The European Bank for Reconstruction and Development (EBRD) has appointed Mehmet Uvez to lead its office in the Turkish capital,…
Why 'green' finance will increasingly play a key role in GCC real estate investments
Environmental, social and governance (ESG) standards will play a critical role in real estate investment and purchasing decisions over the…
Global Islamic finance assets to rise by $3.69tr in 2024
Global Islamic finance assets is projected to grow by $3.69trillion in 2024, Ridwan Sanusi, a financial investment professional as well…
How the pandemic has reinvented trade
Covid-19 proved to be the most devastating setback the world collectively experienced in over a century. Yet every crisis brings…
Abu Dhabi authority implements plan for climate-smart agriculture
Abu Dhabi has announced the implementation of a comprehensive agricultural development plan aimed at increasing the efficiency of sustainable agricultural…
Dubai to encourage IPOs from private firms to revive market
Dubai plans to encourage private and family-owned businesses to list on its stock market as the business hub seeks to…
Bahrain aims to attract 14.1 million tourists by 2026 as part of new strategy
Bahrain has announced plans to attract 14.1 million tourists by 2026 as part of a new strategy to diversify its…
Saudi stock exchange set for December trading debut, CEO says
Saudi Arabia’s stock exchange is due to make its trading debut in December after starting the process to sell a…