Dubai Gold and Commodities Exchange to launch currency rolling futures contracts in July
The Dubai Gold and Commodities Exchange on Wednseday launched date of its three FX rolling futures contracts – Euro (EUR),…
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UAE banks set for more job cuts, profit decline
A week away from reporting of the first half 2020 results, many UAE banks are headed towards implementing drastic cost-cutting…
QFC ‘Fintech Circle’ to boost networking with large entities, corporates
The Qatar Financial Center, which is eyeing more global fintechs (including those from the US) to join its platform, will…
GHD appoints Regional General Manager
GHD has appointed David Kinniburgh as Regional General Manager - UAE, effective from 1 July 2020, as part of the…
Dubai remains among top global FDI destinations, gets $2.72bln in the first five months of 2020
Despite the decline in greenfield foreign direct investment globally at the beginning of 2020 due to the challenges posed by…
Fitch affirms Qatar rating at AA-; outlook stable
Global rating agency Fitch has affirmed Qatar's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook. …
The need for contactless payment is now greater than ever
COVID-19 has catalyzed the adoption of contactless payment in the MENA region, and this trend will likely outlive the pandemic…
Credit Suisse Hires CEO for Saudi Commercial Banking Unit
Credit Suisse Group AG hired Majid Al Gwaiz as the first chief executive officer of its commercial banking business in…
Paris art experts arrested over looted antiquities
Five eminent Parisian antiques specialists have been arrested on suspicion of selling looted Middle Eastern artefacts worth tens of millions…
Helping financial institutions embrace a digital future
How would you describe the inspiration behind DIGI? DIGI is shaped out of the belief that disruption in any…
Egypt- EFG Hermes, TSFE starts due diligence on aiBank to buy majority stake
EFG Hermes and The Sovereign Fund of Egypt have received the Central Bank of Egypt approval to conduct due diligence…
Private Banking In MENA
Global Finance: How do you see wealth evolving in the MENA region? Rudy Guillemyn: Despite recent challenges, the past…