Why Lebanon ran out of money and what it can do now
Over the past two weeks the Lebanese pound has lost more than 20 percent of its value against the dollar…
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UAE and Netherlands to boost trade ties
The UAE and Netherlands have discussed plans to increase trade between the pair, state news agency WAM reported. Trade…
Emirates NBD marks Financial Wellness month in April
Bank’s #moneywise platform advocates healthy financial behaviours and habits Joining the global effort to bring attention to financial literacy this…
Multi-Billion Dollar conglomerate acquires leading wealth and asset management firm
Al Hail Holding has completed the acquisition of Allied Investment Partners PJSC (“AIP”). With the successful completion of this transaction,…
UAE digital payments firm eyes Saudi Arabia expansion in 2021
Network International, the UAE-based digital payment processor, is pushing ahead with its expansion into Saudi Arabia this year, once pandemic-related…
Qatar banks report strongest credit extension growth in GCC, says Kamco Invest
The domestic economic revival helped the banks in Qatar report strongest growth in credit extension within the Gulf Co-operation Council…
Consumer confidence highest since 2015, says Dubai Economy
The first quarter of 2021 saw consumer confidence in Dubai rising to its highest level since the second quarter of…
Saudi Arabia, Iraq to establish a $3bln joint fund -joint statement
Saudi Arabia and Iraq agreed to establish a joint fund, with an estimated capital of $3 billion dollars, as a…
UAE banking sector may remain less volatile in 2021
The UAE banking sector is expected to remain less volatile in 2021 compared to last year, but banks might witness…
Doha Bank is 1st in Qatar to launch full suite of Visa corporate card solutions
Doha Bank has collaborated with Visa to become the first bank in Qatar to launch a full suite of Visa…
Saudi Arabia's banking sector is ripe for further consolidation
Building on the rebound seen in the second half of 2020, merger & acquisition activity in Saudi Arabia’s banking market…
Kuwait Finance House Bahrain Rewards New Credit Cardholders With Double “Walaa Baytik” Loyalty Points
Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain and a major contributor to the development of…