CBO launches 67th issue of government development bonds
On behalf of the government of Sultanate of Oman, represented by the Ministry of Finance, the Central Bank of Oman …
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EBRD and EU support crisis recovery in Morocco
EBRD and EU investment supports medical equipment manufacturer in Morocco Lamatem benefits from first EBRD loan under EFSD guarantee programme…
Will Lebanese banks crash Middle East finances?
Lebanon has been known as "the Switzerland of the Middle East" for decades because of its strict banking secrecy laws. …
Saudi Arabia achieves new milestone in banking sector
Today marks a legal milestone in the merger of National Commercial Bank and Samba Financial Group under the name of…
NOW Money raises $7m in capital for Gulf digital expansion
A new UAE-based fintech, NOW Money, has secured $7m in capital for expansion following a successful funding round led by…
Saudi billionaire's investment firm posts $390m losses in 2020
The investment firm of Saudi billionaire Prince Alwaleed bin Talal on Wednesday announced a net loss of SR1.46 billion ($390…
NBK Organizes a Webinar Themed “Credit Cards and Latest Fraud Schemes”
Bastaki: NBK is the first Kuwaiti bank to launch an account on Clubhouse Our leading role is to provide educational…
JTC Continues Middle East Growth With Abu Dhabi Licence
JTC has been granted a new licence to provide corporate services in Abu Dhabi, as the company continues to build…
KIP Index, the first Arab MENA sector-based measure of women-inclusive policies
Representation of women in leadership positions in Arab MENA workplaces very low, KIP Index shows KIP Index and Lived…
GCC banking provisions reached record highs of $20bln last year – Kamco Invest
The COVID-19 pandemic had a deep impact on the GCC banking sector resulting in record provisions being booked for fiscal…
‘International expansion is a must for GCC tech companies’ – investment banker Joshua Jahani
Tell us more about Jahani and Associates and your operations in the Middle East Jahani and Associates (J&A) is…
Dubai’s Damac posts Dhs1bn 2020 loss; head says market recovery may take up to 2 years
Dubai’s Damac Properties has posted a net loss of Dhs1.04bn for 2020, dipping sharply from a loss of Dhs37m in…