Turkey begins digital currency transactions over $1200
Digital currency exchanges in Turkey are now required to report transactions of over 10,000 lira (approximately $1,200) to the government,…
Hedge Funds & Alternative Investments
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World Bank: Saudi Arabia among biggest sources of remittances in 2020
Saudi Arabia was the third largest source of remittances globally in 2020, just behind the UAE and the US, according…
Bahrain-origin exports surge 59% to $778mln in April
The value of Bahrain’s exports of national origin increased by 59% to BD295 million ($778million) during April 2021, compared to…
Top list: 7 mega projects in Dubai, Abu Dhabi to watch out for
The UAE is already home to some of the world’s most iconic landmarks, from the tallest tower, to the biggest…
Reduction in Q1 Saudi budget deficit due to capex cut – analysts
Saudi Arabia last week reduced its budget deficit to 7.4 billion riyals ($1.97 billion) for the first quarter of the…
UAE banks better positioned, thanks to economic recovery, high oil prices
The UAE banks are better positioned amid good recovery in economy and property prices, favourable oil prices and resilient domestic…
UAE Trade Connect launches digital trade platform
Nationwide blockchain platform UAE Trade Connect (UTC) has went live, according to ameinfo.com. The platform invites all UAE banks…
Bahrain cbank in tie-up for digital currency settlement
The Central Bank of Bahrain (CBB) is collaborating with J P Morgan and Bank ABC in a pilot scheme to…
Bank ABC announces Q1 2021 results
Bank ABC - Bahrain Bourse Trading Code “ABC” - has announced its results for the first quarter of 2021. …
Bank of Bahrain and Kuwait B S C : BBK participates in the Danaat Al Baraka road-show with special offers to finance through “Mazaya”.
BBK, Bahrain's pioneer in retail and commercial banking continues to present its customers with special financing offers for villas purchased…
SICO reports BD 1.2mln net profit for the first quarter of 2021.
SICO licensed as a conventional wholesale bank by the Central Bank of Bahrain “CBB”, has announced its consolidated results for…
Global Finance names Bank ABC's ABC Labs as one of the world's best financial innovation labs
ABC Labs, Bank ABC’s innovation lab, launched in November 2019, has won the Global Finance World’s Best Financial Innovation Labs…