Banque BEMO launches a deposit protection program
With the unbearable pressure Lebanon is facing amidst the health, social and economic crises, Banque BEMO has consistently stayed besides…
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Dubai’s trade with Kuwait touches $2.32bln in first half of 2020
Trade between Dubai and Kuwait reached Dh8.52 billion in the first half of 2020, according to figures released by Dubai…
Qatar witnesses uptick in Merger & Acquisition activity in 2020
PwC Middle East’s third TransAct report entitled ‘A Renewed Search for Value as Confidence Begins to Recover’, which was launched…
NCB and Mastercard Launch Best-in-Class Credit Card for Corporates in Saudi Arabia
Mastercard and the National Commercial Bank has launched a new corporate credit card offering NCB corporate and MSMEs clients a…
Sohar Islamic completes issuance of Takaful Oman's perpetual sukuk
Reiterating its strong market position and investor confidence, Sohar Islamic – Sohar International’s Islamic Window, has completed the issuance of…
Oman SME registrations surge 14.4% in 12 months
The total number of Small and Medium Enterprises registered in Oman’s Authority for Small and Medium Enterprises Development till the…
The 10th annual Middle East Banking Innovation Summit returns next week
The Annual Middle East Banking Innovation Summit next week will showcase the latest advancements in fintech with a particular focus…
Finablr owners set for merger with Bahrain payments firm
`Prism Group and Abu Dhabi’s Royal Strategic Partners formed a consortium in December 2020 and agreed to buy the assets…
GCC reforms remain on track despite pandemic, economists say
The coronavirus pandemic has highlighted the economic challenges facing nations in the Gulf region but has not changed the direction…
Emirati property investment firm unveils 12-year visa
UAE-based real estate investment company Al Hamra has rolled out its ‘Live & Work’ initiative in the emirate of Ras…
UAE wealth firm unveils female-only adviser division
Advice company Finsbury Associates has launched a division which aims to support and empower women with financial planning. Unity…
Dar Al Takaful repays $27.2mln Emirates NBD financing ahead of schedule
Dubai’s Dar Al Takaful has repaid 100 million UAE dirhams ($27.2 million) of acquisition financing to Emirates NBD Bank, despite…