Former FIAU investigator Jonathan Ferris testifies in public inquiry
Former Financial Intelligence Analysis Unit investigator Jonathan Ferris told the inquiry board that the blog posts of murdered journalist Daphne…
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Central Bank of Iraq approves UGH’s acquisition of Bank of Baghdad
Bahrain’s United Gulf Holding as secured Central Bank of Iraq’s approval to acquire a stake in Bank of Baghdad. …
Saudi Arabia’s direct investment in Egypt records $69.3M in Q1 of 2019/20
Saudi Arabia’s direct investment in Egypt dropped 43.3 percent during the first quarter (Q1) of fiscal year 2019/2020, recording $69.3…
UPDATE 1-Saudi lender NCB reports 18.8% rise in 2019 net profit
Saudi Arabia’s National Commercial Bank, saw a 13.2% rise in fourth-quarter net profit, according to Reuters calculations, helped by increased…
Banker knew Barclays ‘lied’ over Qatar fundraising
A senior banker believed that Barclays documents lied about sums it was paying to Qatar to secure billions in investment…
Strong Market, Low Interest Rates Drive Middle East Investments in US Real Estate to Double
Heightened geopolitical risk in Gulf also behind purchases in American market Middle East investors more than doubled their real…
FAB partners with Alipay to help UAE merchants unlock more business opportunities
First Abu Dhabi Bank has partnered with Alipay to better connect UAE merchants with growing number of Chinese residents and…
BisB appoints Chief of Human Resources & Administration
As part of its long term strategic aim and endeavour of investing in local Bahraini talent and continuously developing their…
Bahrain FinTech Bay appoints Khalid Dannish as its CEO
Bahrain FinTech Bay announced the appointment of Khalid Dannish as its new Chief Executive Officer where he will take over…
NBK won 'Best Customer Service Bank', 'Best Social Responsibility Program' Excellence Awards
#National Bank of Kuwait (NBK) was awarded with the Excellence in the Corporate Social Responsibility Programs and also received the…
UAE’s biggest bank records Dh12.5b profit
First Abu Dhabi Bank (FAB) reported on Tuesday an increase in its net profit for 2019 by nearly 4 per…
CBB warns consumers against dealing with unlicensed institution
The Central Bank of Bahrain (CBB) would like to warn consumers against dealing with unlicensed entities that market investments in…