Jordan’s banking sector assets reach $79.5 billion in Q3 2020
The volume of combined assets of the Jordanian banking sector totalled $79.5 billion by the end of the third quarter…
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DHA announces reducing quarantine period for certain COVID-19 and close contact cases
The Dubai Health Authority has announced that the isolation period for certain COVID-19 patients and close contact cases has been…
FAB signs testing and trialling agreement with CLS for CLSNet
First Abu Dhabi Bank has signed a testing and trialing agreement with CLS for its confirmation, matching and netting service…
Bank Audi absorbs private and investment subsidiaries
Bank Audi said it has decided to merge the local business operations of its fully-owned subsidiaries Audi Private Bank and…
UAE private sector activity gains in December, but job losses are spiking again
While the UAE's private sector is starting to see improved business activity, job losses are once again picking up and…
World Bank urges ‘greener, smarter, more equitable’ recovery path
The economic disruptions caused by the COVID-19 pandemic are giving countries an opportunity to pursue “greener, smarter, more equitable” development…
Ex-Barclays Private Banking Heavyweight Resurfaces
A former head of growth markets for Barclays’ private banking arm has rejoined the industry with Zurich-headquartered Habib Bank. …
Qatar set to achieve GCC's best growth rate of 3% in 2021: World Bank
Qatar economy is set to rebound this year with the World Bank forecasting it to grow 3% in 2021, which…
IFS Qatar loses court fight
Two months after financial advice firm IFS Qatar was banned from accepting new business; the company lost a court case…
NBK Announces the Winners of NBK Mobile
Al Shoaibi stressed that NBK is keen on rewarding customers by launching outstanding campaigns all year round, which are tailored…
HSBC plans to make UAE a global wealth management hub
HSBC, the oldest bank in the UAE is working on a plan to make UAE a global wealth management hub…
More jobs in 2021? As businesses recover more Gulf firms plan to hire
Hiring activity in the UAE and across the Gulf Cooperation Council (GCC) region is set to pick up this year,…