Middle East merger and acquisition deals value climbs 50% boosted by mega transactions
The value of merger and acquisition deals in the Middle East soared 50 per cent year-on-year in 2018 as the…
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Boards of ADCB and UNB to discuss update on merger with Hilal Bank
The boards of Abu Dhabi Commercial Bank and Union National Bank will meet separately on January 29 to discuss the…
This is Dubai’s first twin-tower launch of 2019
Dubai’s property market has got its first twin-tower launch of 2019 – a 28-storey, 150-metre high project in Mohammad Bin…
Bahrain as a tech hub is starting to see 'green shoots' of progress
Bahrain’s steady evolution into a regional hub for technology start-ups has begun to influence young people there to develop the…
UAE Central Bank announces M1 increases by 1.3%
The UAE Central Bank had announced that the Money Supply aggregate M1 increased by 1.3 per cent, from Dh479.5 billion…
UAE deposits $3 billion with State Bank of Pakistan
The Abu Dhabi Fund for Development made a $3 billion deposit at the State Bank of Pakistan on January 23.…
UAE to implement new technology to reduce cheque fraud
Banks in the UAE are expected to soon start implementing new technology – including the use of QR codes to…
Saudi Arabia and UAE cooperating on regional crypto coin
Crypto zealots pride themselves on their independence from any central banking authority, but there has been an ongoing debate as…
Dubai Islamic Bank successfully closes USD 750 million AT1 Perpetual Sukuk
Dubai Islamic Bank PJSC rated A3 by Moody's (stable) and A by Fitch (stable), successfully closed a USD 750 million…
Medsbla reports over 100,000 registered users globally with growing demand in the UAE
MedLab Media Group has announced its inaugural participation to Arab Health 2019 in Dubai to present to the market its…
UAE equity market to rally in 2019: FAB report
UAE equity markets will rally in 2019, boosted by a weaker dollar, higher oil prices and Abu Dhabi’s economic stimulus…
Global risk management survey – Deloitte
Financial organizations face challenges from nonfinancial risks such as cybersecurity, model, third-party, and conduct risk—as well as looming economic dangers—that…