Erdogan faces challenge as former ally launches rival party
Turkey’s former deputy prime minister Ali Babacan has hit out at the country’s “misguided and populist” economic management as he…
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Ahli Bank inaugurates new branch at Mall of Muscat
Leading financial institution Ahli Bank has opened a new branch at the Mall of Muscat in Mabellah to cater to…
Tandem Bank 'Rraises £60M'
Tandem Bank has reportedly secured £60m funding. The London-based challenger has also acquired a lender which helps consumers buy…
Mashreq appoints Ellis Wang as Group Head of Technology, Transformation and Information
Mashreq has appointed Ellis Wang as its new Senior Executive Vice President, Group Head of Technology, Transformation and Information. …
Kuwait central bank ready to provide cash to banks over coronavirus outbreak
Kuwait's central bank said on Thursday it was ready to support its financial sector over the coronavirus outbreak, including by…
BCG launches 2020 edition of Jeel Tamooh
Boston Consulting Group launched the new edition of its prestigious Jeel Tamooh program, the tailor-made initiative that inspires and grooms…
Oman Insurance said to mull bid for Axa's Middle East ops
Oman Insurance Company is considering making a bid for the Middle Eastern operations of French insurer Axa, according to people…
Bahrain c.bank cuts overnight lending rate to 2.45%
Bahrain's central bank cut its overnight lending rate to 2.45% from 4% "in light of the recent global developments," it…
Ex-Barclays CEO Varley Faces Quizzing in $2 Billion Suit
Former Barclays Plc Chief Executive Officer John Varley faces cross-examination later this year as part of a 1.6 billion pound…
Kuwait gears up for coronavirus lockdown, minister urges calm
Citizens and residents of Kuwait got ready for a virtual nation-wide lockdown by rushing to supermarkets as authorities took exceptional…
Saudi based Alinma Investment stuns the market with their Sukuk Bond ETF launch
With all eyes on the Middle East as the stand-off between Saudi Arabia and Russia for the dominance of the…
Kenya Re targets Egypt with Sharia-compliant subsidiary
Kenya Re wants to establish a Shariah-compliant subsidiary in Egypt after converting into capital Ksh5.25 billion ($52.5 million) from its…