Loans: Business and retail credit demand in UAE to pick up
Banks and financial institutions in the UAE expect a further pick in credit demand and loan off-take in the fourth…
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Malath to capture greater efficiencies in managing Sharia Compliance
Malath Insurance had announced the assignment of Shariyah Review Bureau a leading Sharia Advisory firm focused on Sharia Boards, certification…
China-Bahrain venture fund targets Middle East tech market
China’s MSA Capital and Al Salam Bank-Bahrain SALAM.BH launched a $50 million venture capital fund on Wednesday, using Bahrain as…
Qatar banks can largely fend off tougher 2020
As the outlook for Qatar’s real estate, construction and hospitality sectors is delicately poised, Qatar banks should contend with challenging…
Saudi Arabia doubles the amount banks can lend for Aramco IPO
SAUDI ARABIA'S central bank doubled leverage limits for retail investors looking to buy shares in oil giant Saudi Aramco, according…
Wethaq launches first fintech Sukuk on its market infrastructure using SWIFT gpi Link
Wethaq has announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital…
KPMG in Qatar launches ‘Turkish desk’; holds investment seminar in Istanbul
In response to the growing number of businesses operating between Turkey and Qatar, KPMG in Qatar recently launched its ‘Turkish…
Bahrain to impose compulsory health insurance plan on expats
The firms will recommend procedures for the National Health Insurance Scheme (Sehati), which will be presented to the government in…
SABB and HSBC complete first blockchain trade transaction in Saudi Arabia and Bahrain
SABB and HSBC have for the first time used blockchain technology in Saudi Arabia and Bahrain to finance international trade.…
Dubai has up to 200 golden visas for African investors
Dubai is set to grant up to 200 UAE golden visa permanent residency visas to "prominent" African investors under a…
UAE's Amanat hires liquidity provider to boost share performance
Amanat Holdings, the GCC’s largest healthcare and education investment company, on Wednesday said it has appointed Shuaa Capital International Ltd,…
Bank Hapoalim Announces Third Quarter 2019 Financial Results
Bank Hapoalim (TASE: POLI) (ADR: BKHYY), announced its financial results for the third quarter ended September 30, 2019. Key…