Sharjah real estate transactions in Q-3 of the year 2019: report
Real estate transactions have recorded AED 4.2 billion AED in the Emirate of Sharjah in the third quarter of 2019,…
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Al Baraka Banking Group's net income reaches $132million in the first nine months of 2019
Al Baraka Banking Group BSC has achieved a net income attributable to shareholders of US$ 84 million during the first…
Dubai Chamber, First Abu Dhabi Bank sign MoU on digital trade
Dubai Chamber of Commerce and Industry has signed a memorandum of understanding (MoU) with First Abu Dhabi Bank (FAB), the…
Property lending beyond 20% at banks’ own risk: UAE Central Bank Governor
Banks in the UAE looking to property lend above the 20 per cent cap must first look at the risks…
AFS recognized as best Fintech solutions company 2019
Arab Financial Services has been recognized as the “Best Fintech Solutions Company 2019” at the GCC Enterprise Awards. Now in…
Bahrain to Provide Fast-Track Setup Program for Fintech Startups
The Bahrain Economic Development Board (EDB) – the investment promotion agency for the Kingdom of Bahrain in partnership with Web…
UAE Central Bank to launch FinTech coordination authority in a few months
The United Arab Emirates’ central bank will establish a FinTech Office ‘in the near future’ to support financial innovation in…
National Bank of Oman Scores Three Awards
Recognizing excellence and innovation in the card and payments industry across the Middle East, National Bank of Oman (NBO) has…
Saudi to levy new airport tax from 2020 – reports
A new airport tax is set to be levied on passengers travelling on domestic routes in Saudi Arabia to improve…
Canadian in Dubai Arrested for Fraud, Including Crypto Fraud via Habibi Coin, the “Bitcoin of the Middle East”
A Canadian living in the Burj Khalifa, Dubai’s most famous luxury building, has been arrested for serial fraud, including cryptocurrency…
Saxo Banks marks a decade in the Middle East
Saxo Bank is celebrating 10 years of operations in the Middle East, reporting a 25% annualized growth rate for assets…
UAE planning to sell debut federal bonds in 2020
The United Arab Emirates is planning to sell federal bonds for the first time in 2020, a government official told…