Dubai’s new retirement visa to boost local economy and property market
Dubai’s move to provide a five-year retirement visa for expats older than 55 will boost the emirate’s property market and…
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CIBAFI Board of Directors Elects New Chairman
The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions held today, its…
GCC needs deflation, and it'll persist
The Gulf region requires deflation, and this reduction on the general level of prices in the economy will likely persist…
Ahli Bank successfully completes new 5-year bond transaction raising $500m
Ahli Bank (Ahlibank), rated A2 by Moody’s and A by Fitch, each with a stable outlook, has completed its fourth…
Ahli Bank successfully completes new 5-year bond transaction raising $500m
Ahli Bank (Ahlibank), rated A2 by Moody’s and A by Fitch, each with a stable outlook, has completed its fourth…
Boubyan Bank launches the first NFC-enabled vertical metal credit card
Once more, and in collaboration with IDEMIA International, Boubyan Bank reconfirms its leadership in innovative digital payment methods by launching…
QNB rolls out ‘Awesome Double Rewards’ offer
QNB Group, the largest financial institution in the Middle East and Africa, has launched an exclusive “Awesome Double Rewards” offer…
Natwest Markets, Banco Santander sell Saudi British Bank shares -term sheet
Natwest Markets and Banco Santander are selling around 25 million shares in Saudi British Bank (SABB), or about 1.25% of…
Emirates Digital Wallet’s digital cash platform imminent nationwide launch
Emirates Digital Wallet LLC has announced its first major step towards eliminating the use of physical cash, as klip, the…
Saudi Arabia to allow foreigners to invest directly in debt instruments
The market regulator said in a statement that resident and non-resident foreigners will be able to invest in listed and…
Saudi bank assets, customer deposits jump despite COVID-19
Trust and confidence in Saudi Arabia’s banks have increased, with total assets and customer deposits rising in recent months despite…
Qatar Islamic Bank announces competitive Home Finance offer
Qatar Islamic Bank country’s leading shariah-compliant lender, has announced the launch of an exclusive Home Finance offer, in line with…