Dire prospects await corporate climate-wreckers in 2030—study
Released the flagship GLOBE conference in Vancouver, findings of a new report “The Climate Decade: Ten Years to Deliver the…
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Saudi Arabia creates new tourism, sports, investment ministries
Saudi Arabia announced on Tuesday the creation of three new ministries, for tourism, sports and investment, according to royal decrees…
UAE's largest bank approves $2.1bn cash dividends for 2019
First Abu Dhabi Bank, the UAE's largest bank, has approved the distribution of cash dividends of more than AED8 billion…
Bahrain's GFH lists $300 sukuk to support expansion plans
Jassim Alseddiqi, chairman of Bahrain-based GFH Financial Group, on Tuesday rang the market opening bell at Nasdaq Dubai to celebrate…
Bahrain’s Investcorp acquires two US properties for $164m
Bahrain investment firm Investcorp has acquired two residential properties in South Florida for $164m. The most recent acquisition has…
Saudi regulator issues licensing guidelines for digital-only banks
The Saudi Arabian Monetary Authority has issued additional licensing guidelines for digital-only banks in the kingdom, the regulator said on…
Dubai's KYC blockchain platform is credit positive for UAE banks, Moody’s says
A consortium of six banks and licensing authorities in the UAE, that was formed this month to share verified data…
Oil Is Now More Volatile Than Bitcoin
You know that the oil markets have truly gone to the dogs when they are suddenly riskier than one of…
Qatar First Bank 'successfully exits' Shariah-compliant aviation deal
Qatar First Bank has announced the 'successful exit of a Shariah-compliant aviation deal, along with its investors, through the sale…
Qatar Foundation helps to grow the game of golf in Qatar
The Education City Golf Club, for the first time ever will host the Commercial Bank Qatar Masters in March and…
Egypt’s microfinance balances jump 47% in 2019
The value of microfinance balances in Egypt rose by 47% year-on-year during 2019, head of the Egyptian Microfinance Federation, Mona…
Lebanon’s economic crisis requires an urgent decision on IMF aid
Lebanon must soon decide whether to seek an IMF-supported deal to rescue its sinking economy from financial implosion, or face…