Saudi Arabia to review VAT hike once economic crisis ends
Saudi Arabia will review its controversial decision to triple the value-added tax once the current economic crisis is over, its…
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Israel’s Bank Hapoalim signs agreement with DIFC, AGDM
Israel’s Bank Hapoalim has signed an agreement with Dubai International Financial Centre (DIFC) to cooperate across financial service activities. …
QDB concludes 1st virtual edition of Qatar Entrepreneurship Conference
Qatar Development Bank has concluded the activities of the Global Entrepreneurship Week in Qatar and the first virtual edition of…
How Abu Dhabi aims to become a global hub for tech innovation
The newly established Advanced Technology Research Council (ATRC) has selected 45 UAE nationals to join NexTech, a technology research talent…
Mubadala joins One Planet Sovereign Wealth Funds
Mubadala Investment Company said it has officially become a member of the One Planet Sovereign Wealth Funds (OPSWF) initiative, an…
Double Win For Objectway Wealthtech Suite At Xcelent 2020 Awards
Ahead of competition for Breadth of Functionality and Client Base Objectway has won the XCelent award for Breadth of…
UAE Investment platform Sarwa launches new product offerings through SARWA X
Sarwa, the region’s first investment platform has seen exponential growth since their founding in 2017. They started with a pretty…
Goldman says Saudi peg ‘here to stay,’ though at cost to economy
Goldman said the government’s fiscal plans will likely help the current account return to surplus next year and ensure that…
Top UAE banks face ‘sizeable’ surge in NPLs
Net income of the top 10 UAE listed banks declined by 3.0 per cent in the third quarter of 2020…
Dubai’s International Financial Centre signs agreement with Israel’s Bank Hapoalim
Dubai International Financial Centre (DIFC) signed an agreement with one of Israel’s biggest banks, Dubai Media Office announced on Saturday.…
Bahrain economy ‘expected to recover in 2021’: S&P
Bahrain’s economy is expected to recover moderately in 2021, with real GDP expanding by 3.5 per cent, says the latest…
SAMA’s miscellaneous assets soar 3,344% in a year
The Saudi Arabian Monetary Authority (SAMA) recorded a huge jump in its assets, classified as miscellaneous assets, by 3,344 percent,…