Stanhope Financial cash boost gives SMEs tier one global banking services
Stanhope Financial Group, a new fintech company has today launched as the world’s first combined tier one banking services provider…
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Online portal for UAE economic substance regulation notification
The United Arab Emirates authorities have confirmed that notifications and annual reports due under its new Economic Substance Regulations (ESRs)…
Oman Arab Bank launches debt exemption initiative for defaulting borrowers
On the occasion of the 50th National Day, Oman Arab Bank (OAB) has written off over 150 defaulting loans. This…
Turkey hikes rates to rescue lira
Turkey’s central bank hiked interest rates on Thursday to support its battered currency. The regulator raised its benchmark rate…
Kuwait International Bank sells $300 million sukuk: Document
Kuwait International Bank sold $300 million Tier 2 sukuk, or Islamic bonds, on Tuesday at 2.375% and received more than…
Saudi Aramco targeted by climate action investor group
Climate Action 100+, a leading investor group pushing corporations to act on climate change, has added Saudi Aramco to its…
UAE’s Fruitful Day raises over Dhs3m to fund expansion
UAE-based fresh food delivery company Fruitful Day, has raised more than Dhs3m in investments, over two consecutive rounds of financing…
Abu Dhabi’s Etihad and El Al Israel sign MoU to cooperate on codeshare and loyalty programme
Etihad Airways, the national airline of the UAE, and El Al Israel Airlines, the national carrier of Israel, signed an…
Turkish economy faces another year of turmoil
It has been a tumultuous year for Turkey’s economic management with a currency crisis and interest-rate volatility rattling investor confidence.…
BCG discusses how to lead in the new reality during the middle east CEO & leaders forum
As public and private sector organizations prepare for the post-pandemic future and leading in the new reality, governments and leaders…
GFH successfully closes US & Global Tech opportunities subscription
GFH Financial Group has announced that in line with its vision to invest in innovation and growth and to capitalise…
Emaar's founder Alabbar sees situation getting better in 9 to 12 months
Mohamed Alabbar, founder of Emaar Properties and e-commerce platform noon.com, hopes that the economic situation will be better in the…