Saudi economy set to grow much faster: Goldman Sachs
US investment bank Goldman Sachs has significantly raised its expectations for Saudi Arabian growth this year and in 2022 amid…
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PwC's $12bln global strategy will create 6,000 Middle East jobs
Professional services firm PricewaterhouseCoopers (PwC) has unveiled a new global strategy, which it says will create 6,000 jobs in the…
Bank ABC and FAB arrange a US$250,000,000 2-year Syndicated Term Loan Facility for BankDhofar
Bank ABC (Arab Banking Corporation (B.S.C.)) and First Abu Dhabi Bank PJSC (“FAB”), acted as Joint Coordinators, Underwriters, Initial Mandated…
NBB signs sponsorship partnership with BIBF
The National Bank of Bahrain (NBB) has entered into a strategic partnership with the Bahrain Institute of Banking & Finance…
ThinCats receives £160m from Kuwait-backed investor to scale up SME lending
ThinCats has announced a £160m investment from Kuwait-backed Wafra Capital Partners (WCP), which will help the platform lend up to…
Kuwait Hasn’t Renewed Wealth Fund’s Board Since Term Expired
Kuwait hasn’t approved a new term for the board of its $600 billion sovereign wealth fund since its tenure expired…
Central Bank of UAE seeks private sector participation in anti-money laundering efforts
The Central Bank of UAE (CBUAE) is actively seeking the participation of UAE’s private sector in its anti-money laundering and…
Whistleblowing protections in the UAE
Laws around whistleblowing and protection for whistleblowers are developing in the United Arab Emirates (UAE) as the country seeks to…
The Bears Are Back, but Ripple’s Comeback Could Be Powerful
Technically speaking, Ripple is a company while XRP is a currency – but informally, folks often refer to Ripple as…
Kuwait Finance House Bahrain Announce Partnership to Enhance Compliance Operations
The global API banking solutions provider, Codebase Technologies (CBT), has been selected by Kuwait Finance House Bahrain (KFHB), a pioneer…
Finastra showcases Open Banking innovations during DIFC Innovation Month
Finastra is participating in Dubai International Finance Centre (DIFC) Innovation Month, which focuses on early-stage fintech start-ups and helps them…
Chetan Mehta on family office professionalisation and venture capital strategy
Chetan Mehta, the angel investing chief strategy and investment officer of Transworld Group, will discuss how venture capital and startups…