UAE banks agree 'mini insolvency law' to help SMEs
Banks in the UAE will suspend legal action against small and medium sized enterprises (SMEs) struggling to repay debt for…
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Bank Nizwa sponsors 5th Oman Economic Forum
Bank Nizwa served as the Platinum Partner for this year’s Oman Economic Forum, an event organized by the Omani Ministry…
Find quality stocks for investments in times of volatility, GCC investors urged
You may have heard stories of more than $8 trillion (Dh29.4 trillion) wealth destruction due to massive volatility in global…
$22 billion pumped to clear goods piled at ports
Egypt’s Central Bank Governor Tarek Amer said on Saturday that devaluing the Egyptian pound had attracted foreign investment worth $500…
Tough year for MENA Fund Managers
Mena Fund Manager looks at recent trends in the region's hedge fund sector Although the Mena hedge fund sector remains…
Bitcoin Crushes Bank Fees in Emerging Economies
New evidence is emerging that virtual currencies and distributed ledgers, like bitcoin, are gaining strength in emerging economies by cutting…
A two-tier approach to anchor UAE as a fin-tech hub
Ahmad Al Sayegh, Chairman of Abu Dhabi Global Market (ADGM), recently described Abu Dhabi as “the nascent fintech capital of…
Cairo-based firm wants to sink teeth in Pakistan’s brokerage industry
One of the largest investment banks operating in the Middle East has shown interest in acquiring a majority stake in…
QInvest acquires ERGO Portfoy and launches QInvest Portfoy
QInvest has announced the acquisition of ERGO Portfoy, one of the largest and fastest growing asset management companies in Turkey.…
Commercial Bank to raise capital up to $8.5bn
To further boost its liquidity, Commercial Bank is set to enter the Global market in a big way. The…
Saudi bourse asks banks to pitch for IPO advisory roles
The Saudi Stock Exchange has asked banks to pitch for roles advising on its own initial public share offer, sources…
ADIA at 40: Longest-serving employee witnessed evolution into a financial powerhouse
Hareb Al Darmaki, the longest-serving employee at the Abu Dhabi Investment Authority (Adia), recalls when the fund was so small…