QIC appoints new Chief Operation Officer- Qatar Operations
Qatar Insurance Company (QIC), the leading insurer in the MENA region, has announced the appointment of Ahmed Al Jarboey (pictured)…
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QCB denies QLM from paying interim dividend
Qatar Central Bank said yesterday that it did not approve QLM Life and Medical Insurance Company’s dividend distribution, given its…
UAE and Saudi central banks awarded 2021 Global Impact Award
The Central Bank of the UAE and the Saudi Central Bank have been awarded the Global Impact Award by Central…
Dubai Islamic Bank closes $1b senior sukuk
Dubai Islamic Bank successfully priced $1 billion 5 year sukuk issue with a profit rate of 1.95 per cent per…
Abu Dhabi broker Capex.com raises $21mln and targets millennial investors
International brokerage firm Capex.com has raised a total of $21 million in a new funding round, as interest in online…
Visa appoints senior vice president to lead Gulf Cooperation Council region
Visa has announced the appointment of Dr. Saeeda Jaffar as Group Country Manager, and Senior Vice President, for its operations…
UAE's new capital rule could trigger further bank M&A in 'overbanked' market
A new capital rule for banks incorporated in the United Arab Emirates will likely add pressure on smaller banks and…
Changes to the UAE Foreign Ownership Laws
In September 2020, the UAE Cabinet of Ministers (the Cabinet) issued Law No. 26 of 2020 (the Amendment) which amended…
Bain & Company creates a more sustainable, equitable and inclusive world
Bain & Company has announced the launch of FurtherSM, it’s integrated suite of ESG capabilities to deliver the firm’s collective…
Lebanon's banks stuck in reverse: jobs go, lending dives
Lebanon's banks, which once powered the economy by sucking in billions of dollars of deposits from abroad, are shedding staff,…
Saudi Arabia to Form Entity With $29 Billion in Equity Holdings
Saudi Arabia will combine two state-run pension and unemployment insurance funds into an entity with almost $29 billion of local…
Leveraging Open APIs to build your digital ecosystem
Global organisations know that integrations can be complex, costly and time-consuming. Whereas integration is about facilitating interaction between two…