National Bank of Kuwait looks to diversification
While the resignation of Kuwait’s government on 14 November was unexpected, it was hardly surprising. Friction between Kuwait’s appointed…
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UAE startups see investments soar by a third in 2019
UAE Startups have seen a nearly 33 percent increase in investment in 2019 compared to 2018, the Sharjah Entrepreneurship Festival…
Gulf banks' outlook for 2020 stable amid substantial liquidity: Moody's
The outlook of Gulf Cooperation Council banking systems is stable for next year driven mainly by strong capital buffers, solid…
Egypt’s central bank governor appointed for second term -state media
Egypt’s central bank governor Tarek Amer has been appointed to a second four-year term, state media reported on Monday. …
UAE is most prosperous Arab nation for 13th year, study says
The UAE is once again the most prosperous Arab nation and retained its rank in the global top 40 through…
Phoenix Thoroughbreds Founder And CEO Named In Money Laundering Case; Company Denies Allegations
Amer Abdulaziz Salman, the Dubai-based founder and CEO of the high-flying Phoenix Fund Investments that has spent tens of millions…
Citi introduces features that will change the way its consumers bank in Bahrain
Citi introduced Global Wallet to its newly revamped Citi Mobile® App. In a first by a bank in Bahrain, Global…
Istanbul Working on Eurobonds After State Banks ‘Shut the Doors’
Istanbul is working on a plan to sell Eurobonds to finance projects after state lenders “shut the doors” on the…
French And UAE Delegations In Uganda For Trade Opportunities
The MEDEF, the largest French business leaders association has organized a multi-sector trade mission of French business leaders aimed at…
Finance office holds extensive talks with investors in Malaysia, Singapore
Turkey's Presidential Finance Office has initiated contact with global players in Malaysia, regarded as the center of Islamic finance, and…
DFM launches guidance on Environmental, Social and Governance (ESG) Reporting
Dubai Financial Market has launched its Guide on Environmental, Social and Governance (ESG) Reporting, as part of its endeavor to…
Visa-backed Bankable opens Middle East hub in DIFC
Bankable, a global digital banking and payments platform backed by Visa, is opening a Middle East hub at the Dubai…