Kuwait authorities crackdown on money laundering cases
The bust of a money laundering gang in Kuwait masterminded by an Iranian in collusion with others, including Kuwaitis, helped…
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Affluent and HNW Investor in the UAE Are Keen on Green and Sustainable Investments Amidst COVID-19
Standard Chartered Private Bank’s Sustainable Investing Review 2020 highlights the resilience of investor interest in sustainable investments amidst market disruptions…
Bank ABC appoints new Group Chief Credit and Risk Officer
MENA’s leading international bank announces the appointment of Sedjwick Joseph as its new Group Chief Credit and Risk Officer. He…
QIB posts QR1.42bn profit in H1; total assets reach QR165.8bn
Qatar Islamic Bank recorded a net profit worth QR1.42bn in the first half of 2020, while total assets stood at…
National Bank of Bahrain awarded ‘The Middle East’s Best Bank Transformation’ By Euromoney Awards for Excellence 2020
The National Bank of Bahrain (NBB) has celebrated a significant milestone in its transformation journey after being awarded ‘The Middle…
Why investors should look into the Egyptian healthcare sector?
The Egyptian healthcare industry remains attractive for local and international investments, with many areas for development and expansion arising particularly…
BankDhofar's CEO Abdul Hakeem Al Ojaili Is the new Chairman of OBA
BankDhofar’s Chief Executive Officer Abdul Hakeem Omar Al Ojaili has been appointed as the Chairman of the Board of Directors…
Saudi company sues Natwest over ‘$5m scam’
A Saudi engineering business that claims it was tricked into sending $5 million to a Natwest bank account at a…
Saudi's new corporate law will see creation of more flexible companies: Official
Abdul Majeed Al-Abdul Wahab, director-general of the companies’ laws and policies at the Ministry of Commerce, said that the new…
Turkey's financial regulatory agency fines 7 brokerage houses for violating short selling ban
Turkey's financial regulatory agency has imposed a fine of TL 16.7 million ($2.4 million) on seven brokerage houses and 18…
Saudi Aramco reorganizing downstream business to support growth
Saudi Aramco on Tuesday announced the reorganization of its downstream business to support and enhance integration across the hydrocarbon value…
Kuwait scraps $1.4bln solar project over Covid-19 crisis
Kuwait has cancelled plans to construct the Al Dabdaba solar plant, which would have provided 15 per cent of the…