SH Capital secures DIFC brokerage licence to empower SMEs
SH Capital has been formally granted its Category 3A Dubai International Financial Centre licence, allowing them to begin trading imminently.…
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Kuwait’s Ahli United Bank lists $600mln sukuk on Nasdaq Dubai
Nasdaq Dubai welcomed the listing of a US$600 million Sukuk by Ahli United Bank, one of Kuwait’s leading financial institutions.…
Forbes Middle East Reveals The Top 50 Banks In The Middle East 2021
Forbes Middle East has unveiled its “Top 50 Banks In The Middle East” list featuring the region’s banking powerhouses that…
UAE Central Bank raises interest rate by 5bp after US Fed move
The UAE Central Bank has raised the base rate on the Overnight Deposit Facility by 5 basis points from Thursday…
Not a tough sell: UAE retail sector poised to be best in GCC
The UAE’s retail economy is predicted have the fastest growth within the GCC with the sector showing solid signs of…
3,000 bankers in Lebanon have lost their jobs since 2019 crisis
Lebanon’s banks, which once powered the economy by sucking in billions of dollars of deposits from abroad, are shedding staff,…
Bank of Sharjah announces financial results
Bank of Sharjah P.J.S.C (“the Bank” “The Group”) today announced the reviewed results of the period ended 31 March 2021.…
CBUAE Financial Stability Report highlights resiliency of UAE's financial system amid COVID-19 pandemic
The Central Bank of the UAE has published its Financial Stability Report for the year 2020, featuring key solvency and…
United Arab Emirates: Guidance issued on mutual agreement procedure
The United Arab Emirates Ministry of Finance has published on their website guidance (dated 7 January 2021) on the mutual…
NikKhah Consulting launches operations in Dubai and Istanbul
Iran-origin business NikKhah Consulting has launched two new Middle East offices in the UAE and Turkey. Headquartered in Tehran,…
Saudi insurance merger to create massive investment fund
The Saudi Public Pension Agency’s (PPA) merger with the General Organization for Social Insurance (GOSI) will create in one of…
HSBC’s expat account offers unique features on single, secure platform
HSBC’s expat account offers international customers with multiple accounts in different countries the unique option to access their accounts on…