Clifford Chance advises on historic UAE first bond issue
Leading international law firm Clifford Chance has advised the Federal Government of the UAE, acting through the Ministry of Finance,…
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KFH reports KD 168.1 million net profit for shareholders until end of Q3 ’21, up 66.1%
Chairman of Kuwait Finance House (KFH), Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net…
UAE-based Fintech Galaxy closes $2m seed round for Open Finance development
The first UAE-based open finance platform, Fintech Galaxy, has successfully raised $2 million in its latest funding round, MAGNiTT reported.…
A Cryptocurrency Gets To The Central Bank of Israel, CBDC Is On Trial
The possibility of issuing a cryptocurrency fills the Central Bank of Israel with enthusiasm. A digital shekel has come from…
CBB directs BENEFIT to operate national eCheque system
As part of the efforts exerted by the Central Bank of Bahrain (CBB) to boost digital transformation and introduce innovative…
DIFC and Start-Up Nation Central to Promote Innovation-Based Business Ties Between the UAE and Israel
Dubai International Financial Centre and Tel Aviv-based not-for-profit organization Start-Up Nation Central have announced the signing of an agreement aimed…
Egypt’s Banque Misr to launch its first Riyadh branch by the end of 2021: Bank’s head
Head of Egypt's Banque Misr is hoping to launch the bank’s first branch in Riyadh by the end of this…
El-Khalil, IMF Executive Director discuss state’s plan for economic recovery
Minister of Finance Youssef El-Khalil received on Wednesday the Executive Director of the International Monetary Fund and the representative of…
Coders critical for digital transformation in Middle East
If data is the new oil in a knowledge-based economy, then coding is all the people that are working on…
Why the UAE’s 2050 net-zero pledge matters
Even a year ago, the idea of an Opec member and leading Middle East oil and gas exporter declaring a…
Dubai unveils new rules to address needs of ultra-wealthy families
DWTCA said the regulations would address the needs of family-run entities and introduce a new platform for wealthy families to…
Lebanon central bank audit demanded by creditors to resume
A New York-based firm contracted by the Lebanese government is to resume its audit of the central bank Thursday in…