Top UAE banks report lower Q3 profits on higher impairments
Challenging macroeconomic conditions—low interest rates leading to repricing of portfolios, falling oil price and disruptions to economic activities due to…
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Qatar businessmen keen on Islamic finance in PH
Qatari businessmen are pushing for the planned cooperation on Islamic banking with the Philippines as they looked into collaboration in…
Saudis targeted in new wave of financial scams
Convincing-looking fraudulent messages and misleading online adverts are rife in the digital world, so it is not surprising that some…
Where tradition and innovation meet: Liechtensteinische Landesbank
Liechtensteinische Landesbank has been present in the UAE since 2005. In 2019, the bank’s Dubai office moved to the Dubai…
Supporting business: More than 320,000 customers benefit from UAE Central Bank's TESS
The UAE Central Bank's Targeted Economic Support Scheme (TESS) liquidity scheme, which was rolled out to help businesses mitigate the…
History In The Making: What Are The Trends Among Family Offices?
Family offices are once again highly active in finding good deals, and some of the lifetime deals could be coming…
Resurgent South Africa joins Saudi Arabia on road to economic reform
South Africa is embarking on an ambitious economic reform agenda that shares striking similarities with Saudi Arabia’s own efforts to…
NBK organizes a physical activity awareness program for employees
National Bank of Kuwait has organized an awareness program for its employees in collaboration with Physiotherapists, Mohamad Al Farhan and…
Kuwait has no choice but to borrow to tackle deficit – audit body
Kuwait's State Audit Bureau said the government has no choice but to borrow to plug a growing deficit, but that…
External finance will remain elevated in MENA in 2021 despite narrowing deficits – IIF
The Institute of International Finance projects gross public external financing needs of the MENA region at about $100 billion in…
UAE's Mubadala builds its life sciences portfolio with investment in Envision Pharma Group
Mubadala Investment Company, in cooperation with a consortium of investors, has participated in the completion of an investment deal in…
Lebanon gets more time to meet audit demand by creditors
Lebanon has three more months to provide data for a forensic audit of the central bank after failing to meet…