Mubadala Keeping Pace With KKR as $29 Billion Deployed Last Year
Mubadala Investment Co. joined global investors like KKR & Co. in pouncing on opportunities presented by the pandemic, embarking on…
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New Saudi law boosts efforts to combat financial fraud
Authorities in Saudi Arabia last week approved a new law designed to combat financial fraud and breach of trust. …
MSX index sees growth in first quarter of 2021
Muscat Stock Exchange posted a positive performance by the end of the first quarter of 2021 (Q1-2021). MSX main…
UAE banks' weakening credit quality may drive loan restructuring
Eleven UAE national banks have reported around Dh7.74 billion in first quarter net profit, a growth of 9.6 per cent…
Innovation in Retail Banking to Prepare for a Post-COVID World
COVID-19 has undoubtedly been the biggest game-changer across industries, including banking. It has impacted consumer needs and behavior, setting…
UAE shakes up residency rules by offering passports to wealthy expats
Airline bosses, tech entrepreneurs and a former Real Madrid footballer are among those to be granted United Arab Emirates nationality,…
NBK assigns Surra branch to provide international banking services
NBK is always closer to its customers, and gives them access to key regional and international markets As part of…
Riyad Bank signs MoU with Bab Al-Khair Medical Services to establish first non-profit hospital in the Kingdom
Riyad Bank recently signed a memorandum of understanding with Bab Al-Khair Medical Services Company to establish a non-profit hospital in…
QCB issues QR600 million treasury bills for May 2021
Qatar Central Bank issued yesterday treasury bills for May 2021, for three, six and nine months, with a value of…
Qatar to play big role in global sustainable finance market: Official
Qatar, which occupies a unique position globally with its great potential for renewable energy, will play a big role in…
Moody's affirms UAE’s Aa2 rating; maintains stable outlook
Moody's Investors Service has affirmed the Aa2 long-term issuer rating of the Government of the United Arab Emirates. The outlook…
Vision 2030 reforms fuel Saudi recovery from coronavirus pandemic, IMF says
The Vision 2030 strategy has helped the Saudi economy beat the pandemic recession, with growth projected to rise to nearly…