Financial watchdog urges Turkey to step up efforts against money laundering
Turkey has understood the risks it faces from money laundering and terrorist financing but serious shortcomings remain, including the need…
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Emirates NBD: the value of rewards
Government-owned bank, in Dubai, Emirates NBD - over the duration of 2019 - has been investing in payment innovations for…
National Bank of Oman to exit from Egypt
The National Bank of Oman’s Board of Directors has resolved to exit from Egypt and close its last branch and…
Dubai property prices decline to 7-year low as transaction volumes approach record high
* Index price suggests that values are now less than AED 900 per square foot * 5,025 sales recorded in…
Saudi Arabia's largest lender abandons potential merger
National Commercial Bank, the biggest lender in Saudi Arabia by assets, ended talks for a merger with its smaller rival…
HSBC helps Omani businesses go global
HSBC Bank Oman has launched a dedicated Business Banking service to better connect Oman’s most dynamic and internationally-oriented businesses to…
First Abu Dhabi Bank further expands in Saudi Arabia with the opening of Jeddah branch
First Abu Dhabi Bank, further expands into the Kingdom of Saudi Arabia with the opening of a branch in Jeddah.…
Gulf Bank picks Murex to digitalize capital markets, treasury functions
Paris-based risk management solutions provider Murex, announced on Monday that Kuwait-based Gulf Bank has selected MX.3 to modernize and digitalize…
Opinion: why Saudi Arabia is looking across the Red Sea towards Africa
Dating back to the 16th century, the Middle East and Africa have enjoyed strong economic and political relations driven by…
UAE shuts accounts of Maltese tycoon accused of journalist's murder
A Dubai bank shuttered accounts earlier this year of a secret offshore company belonging to a Maltese businessman since charged…
New Kuwait Cabinet Has Gulf’s First Female Finance Minister
Kuwait appointed Mariam Al-Aqeel as finance minister, the first female in the Gulf region to hold the post. Khaled Al-Fadhel…
Looking for a job in 2020? Opportunities, salaries you should expect in UAE, Saudi Arabia
UAE salaries will remain broadly flat across most sectors next year, but people working in Saudi Arabia will have good…