Barclays executives fend off fraud charge
In a “fresh blow to the credibility of the Serious Fraud Office [SFO]”, three senior Barclays bankers have been acquitted…
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Middle East businesses see biggest rise in customer fraud
Fraud and economic crime rates remain at record highs in the Middle East, impacting companies in more ways than ever,…
Saudi British Bank reports profit of SR2.812 billion for 2019
The Saudi British Bank recorded a net profit of SR2.812 million ($749 million) after zakat and income tax for the…
Data and AI to Add More Than USD 10 Billion to Saudi Arabia's Economy
The Saudi Data and Artificial Intelligence Authority yesterday celebrated the launch of its brand identity at an event held at…
Path Solutions, Kuwait-based company launches its digital banking suite
Path Solutions has launched the Path Digital and Path Intelligence platforms to enable banks to provide customers with a consistent…
ACC okays charge sheet against ex-AB Bank chair, 7 others
The Anti-Corruption Commission on Thursday approved a charge sheet against former AB Bank chairman M Wahidul Haque and seven others…
Middle East businesses see biggest rise in customer fraud
Fraud and economic crime rates remain at record highs in the Middle East, impacting companies in more ways than ever,…
Mashreq appoints its new Head of Corporate and Investment Banking
Dubai-based Mashreq, a financial institution in the UAE, has announced the appointment of Joel D Van Dusen as its new…
Dubai bank Emirates NBD to reduce tariffs following UAE central bank initiative
Dubai’s biggest bank Emirates NBD announced that it has introduced new measures to support UAE businesses in line with recent…
Saudi Arabia's 'instant visas' aims to support new businesses
Saudi Arabia has launched a new ‘instant visa’ scheme to support entrepreneurs setting up new businesses in the kingdom. …
Ultra-wealthy people in GCC expected to grow by 26%
The number of Ultra High Net Worth Individuals in the Gulf Cooperation Council (GCC) is expected to grow by 26…
Kuwait registers $12.08bln real estate deals in 2019 – KFH
The real estate sector in Kuwait has continued its positive trajectory that started four years ago, as it recorded sale…