The changing role of in-house legal in the Middle East
As businesses in the Middle East adapt to the impact of the global pandemic, economic recession and unprecedented low demand…
Uncategorized
47651 articles found
Saudi's Samba-NCB new entity to finance development projects: Chairman
The Saudi National Commercial Bank (NCB) deal to acquire Samba Financial Group is considered the Kingdom’s biggest takeover for the…
Israeli-UAE consortium is now in talks to buy Bahrain’s BFC Group
A consortium, consisting of Prism Group AG and Royal Strategic Partners, is in merger talks with Bahrain’s BFC Group Holdings.…
QFB’s performance improved in 2020: Chairman
Despite challenging market conditions Qatar First Bank (QFB) continued to exhibit strong growth momentum for the year ending December 31,…
UAE's zero-tolerance on money laundering is netting results
The actions by the UAE Central Bank to fine 11 banks Dh45.76 million is a strong signal that as a…
UAE Executive Office to combat money laundering, terrorism funding
In a major step to combat money laundering and financing terrorism, the UAE Cabinet, chaired by His Highness Sheikh Mohammed…
UAE Central Bank imposes Dh600,000 penalty on individual linked to exchange house
The Central Bank of the UAE imposed sanctions on a non-authorised individual related to an exchange house operating in the…
81% of business leaders believe COVID has increased the need for improved security of finances
ESET has revealed that over two-thirds of business leaders (68%) expect their company’s investment in FinTech to increase in 2021/2022.…
95% of UAE female leaders say more to be done about gender diversity at the top
Despite clear progress and strong support from the government, 95 percent of female business leaders surveyed in the UAE indicate…
Bank ABC Islamic announces 2020 year-end net profit to US$28.6 million
Bank ABC Islamic has announced its financial results for the year ending 31 December 2020. 2020 was a year…
Saudi Arabia announces launch of Soudah Development Company
Saudi crown prince and chairman of the Public Investment Fund, Mohammed bin Salman, announced on Wednesday the launch of the…
Bahrain’s GFH acquires major Chicago distribution centre
GFH, the Bahrain-based financial group, says it has acquired a “state-of-the-art” distribution facility in the US city of Chicago, Illinois.…