Doha Bank CEO calls for new business models to suit the ‘digital ecosystem’
There is a need to transform business models to explore the benefits of a digital ecosystem, said Doha Bank CEO…
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Saudi Arabia is wrestling down money rates, central bank says
Saudi Arabia's central bank is succeeding in wrestling down market interest rates and expects to see further declines as it…
HRH Premier receives KFH board chairman
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received the Chairman of the Board of Directors of…
Gulf banks could lose access to dollar clearing, UAE c.banker warns
Commercial banks in the Gulf could lose their ability to have dollar trades cleared through the US banking system, increasing…
Noor Bank closes $231.5 million Islamic loan for UAE's Ajman Bank
Noor Bank has closed the syndication of an 850 million dirham ($231.5 million) Islamic loan for United Arab Emirates-based Islamic…
UAE employee’s unlimited contract not subject to penalty
I have been in the UAE for seven months and know that if I want to resign I have to…
Bahrain's Investcorp eyes $100 billion assets target
Investcorp expects to reach its target of $25 billion for assets under management next year, by which time it will…
Barclays taps into huge trade financing opportunities in the region
British banking major Barclays wants to tap into the huge trade and working capital finance opportunities in the region through…
Payments evolution in the Middle East
No one can doubt that the payments industry is changing: the choice of payment methods that are now available to…
Qatar one of world's most tax-friendly jurisdictions
Businesses in Qatar have started preparing for the introduction of VAT (value-added tax) from January 2018. However, despite the…
WIBC brings back Leaderboard for Islamic banking
After a very successful introduction of the first of its kind assessment tool for Islamic banks last year, the World…
How president-elect Trump will impact Gulf economies?
Donald trump's shock win will have a profound impact on the GCC economic constellation via multiple feedback loops. His…