Bank Albilad 2020 net profit up 8% to $346.6m
Bank Albilad reported a net profit of SR 1.348 billion ($346.6 million) for 2020, up 8 percent, compared to SR…
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Saudi asset management industry resilient in 2021: KPMG
Saudi Arabia’s asset management industry looks resilient in 2021, according to global audit, tax and advisory firm KPMG, with official…
Crédit Agricole rolls out Egypt’s 1st environment-friendly contactless payment cards
Crédit Agricole Egypt has announced the launch of the first eco-friendly contactless payment cards in Egypt, in cooperation with the…
Qatar banks headed for more mergers
Qatar's overbanked system could see more consolidation triggered by pressure on banks' profitability from the coronavirus pandemic according to Fitch…
Data will pave way for sustainable smart cities
Data-powered insights are the key to delivering resilient infrastructure that will shape a more sustainable future for smart cities, experts…
UAE’s GDP contracted 7.7% in 2020: Knight Frank
The UAE’s economy might have contracted by as much as 7.7 per cent in 2020, the steepest decline estimated for…
Qatar First Bank acquires '“Huntsman International' HQ in Texas
Qatar First Bank has completed the acquisition of Waterway Plaza I, a class A+ office tower spanning more than 223,0000…
Neuberger Berman appoints client coverage head in Israel
Neuberger Berman has announced it has opened an office in Tel Aviv and appointed Daria Uchenik to the role of…
Yemen government appoints Ernst & Young to audit central bank – statement
Yemen’s government has appointed Ernst & Young to audit its central bank accounts, a statement from the prime minister’s office…
Dubai’s largest bank positive about UAE equity markets in 2021
The outlook for the UAE stock markets is positive and Dubai’s largest bank Emirates NBD is bullish about the UAE…
Saudi's Bank Albilad names new chairman, vice chairman of board
Saudi Arabia-based Bank Abilad has appointed a new chairman and vice chairman of the board of directors. In a…
NBB ties up with Eskan to offer joint housing loan solutions
The National Bank of Bahrain (NBB) said it has launched a new joint housing product offering in conjunction with Eskan…