Taqadam doubles funding for upcoming startups in KSA
King Abdullah University of Science and Technology (KAUST) and its partner Saudi British Bank (SABB) will award SR10 million ($2.7…
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7 positive indicators that reflected the strength of the UAE banking…
The operating income structure of the banking system in the country witnessed 7 positive indicators during the year 2019, which…
Year's biggest bank merger sealed as Saudi rivals reach US$15b deal
NATIONAL Commercial Bank, Saudi Arabia's largest lender by assets, agreed to buy rival Samba Financial Group for US$15 billion in…
2020: Did conventional investing wisdom pass the test?
The traditional 60/40 investment portfolio and the notion that cash is king are two pieces of conventional wisdom challenged this…
OECD drafts principles for $100bn global corporate tax revolution
The world’s rich nations have drafted a set of technical principles which would revolutionise the corporate taxation of multinational companies…
The Big Interview: PIMCO’s Blute reveals reasons for calling time on ETF partnership with Invesco
Ryan Blute, managing director and head of global wealth management, EMEA, at PIMCO, has said now is the right time…
Apex Group Launches Compliance Solutions in the Abu Dhabi Global Market (ADGM), UAE
Apex Group has announces the launch of its Compliance Solutions business in the Abu Dhabi Global Market. This will…
UAE Federal tax Authority introduces new version of eDirham
The Federal TAX Authority, FTA, has completed its preparations to join the Third Generation of the UAE’s eDirham system, which…
Commercial Bank of Dubai hires banks for perpetual bonds
Commercial Bank of Dubai has hired a group of banks to arrange a global investor call ahead of a potential…
Fitch Affirms Burgan Bank Turkey at 'B+'; Downgrades Viability Rating to 'b-'
Fitch Ratings has affirmed Burgan Bank A.S.'s (Burgan Bank Turkey) Long-Term Foreign-Currency Issuer Default Rating at 'B+'. The Outlook is…
Aramco chief wins energy executive of the year award
Saudi Aramco’s president and CEO, Amin Nasser, has been named energy executive of the year by a panel of international…
ICE to launch ADNOC’s Murban oil futures early in 2021
Intercontinental Exchange said on Monday it planned to launch ICE Futures Abu Dhabi (IFAD) and trading in Murban futures contracts…