Bank ABC appoints new MD and CEO of Egypt franchise
Arab Banking Corporation (Bank ABC) has announced the appointment of Amr Tharwat as new MD and CEO of its Bank…
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Eight individuals and three companies convicted for cyber fraud and money laundering crimes in Dubai
The Dubai Public Prosecution has announced that the Dubai Misdemeanor Court has convicted eight individuals and three companies for cyber…
Arab Bank launches its FinTech accelerating program in Egypt
Arab Bank has recently launched its FinTech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan…
TigerWit opens Dubai office to provide in-person access to financial services
TigerWit, has announced the grand opening of the sales and customer service centre in Dubai, UAE. The move to expand…
Saudi SMEs get 3-year exemption from commerce fees
Startup costs for commerce fees register decreased by 96 percent for companies and from 33 percent to 75 percent for…
GAC needs to reintroduce itself with more mergers expected in Saudi Arabia
I do not believe that many of us in the private sector have dealt with the General Authority for Competition. …
Non-performing bank loans in Saudi Arabia reach SR33 billion
An economic report revealed that non-performing loans with Saudi banks rose to SR32.9 billion by the end of the second…
UAE Securities and Commodities Authority's new licensing regime
The new Rulebook issued by the UAE Securities and Commodities Authority (SCA) has entered into force and has introduced a…
Curtis Establishes Presence in Saudi Arabia
Curtis, Mallet-Prevost, Colt & Mosle LLP have announced the opening of an office in the Kingdom of Saudi Arabia in…
Get ready for a UAE CBDC as blockchain and crypto adoption accelerates
The UAE Central Bank (CBUAE) is set to introduce digital currency in a bid to join the US, China, Japan,…
Qatar banks increase of non-Qatari ownership is latest in ‘pro-market policies’
The cabinet’s approval to increase the percentage of non-Qatari ownership is expected to enhance the country’s economic activity, experts told…
With Lebanon's banking secrecy suspended, A&M resumes its audit
Eight months after withdrawing from the engagement, global management consulting firm Alvarez & Marsal is set to resume its review…