Abu Dhabi Health Services announces appointment of new Group CEO
Abu Dhabi Health Services Company has announced the appointment of Dr. Gareth Goodier, as the new Group Chief Executive Officer.…
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Top UAE banks step up lending as confidence rises
The 10 largest listed banks in the UAE maintained increasing levels of confidence in the second quarter by recording increased…
'We want to be number one' – Azizi Developments' Mirwais Azizi on the story behind Dubai's fastest-growing developer
Azizi Developments seemed to emerge from nowhere when it launched a raft of projects across Dubai in 2013. But…
'Oman's Islamic banks see remarkable growth'
Tahir bin Salim Al Amri, Executive President of the Central Bank of Oman (CBO), affirmed that Islamic banks in the…
NBK Recognizes its 2018 Distinguished Employees
For the third consecutive year, National Bank of Kuwait honored its distinguished employees in 2018 at its Annual Award Ceremony,…
Abraaj’s fund management rights to be transferred to investors
Abraaj’s fund management rights are set to be broken up and transferred to investors including UK-based Actis, signalling an end…
KAMCO successfully completes purchase of major stake in Global
KAMCO Investment Company has announced that it has completed the previously announced purchase of 396,426,434 shares in Global Investment House,…
CBD and PwC in digital innovation pact
Commercial Bank of Dubai (CBD) and PwC Middle East, recently signed an agreement on an innovation programme that will help…
Smart Dubai integrates blockchain into DubaiPay
Smart Dubai on Sunday integrated blockchain technology into its online payment portal, DubaiPay, to allow reconciliation and settlement transactions to…
IFRS 9 adoption seen to strengthen provision coverage at Qatar banks
The adoption of IFRS 9 appears to have strengthened the provision coverage at Qatar’s commercial banks, according to experts. …
Kuwait central bank looks to regulate ‘e-payment’ system
The Central Bank of Kuwait (CBK) has issued instructions for all service providers, including companies and institutions, to register in…
Emirates-Etihad May Be the Airline Deal of the Decade. Here’s Why
A combination of Dubai-based Emirates and Abu Dhabi’s Etihad would be the airline industry’s deal of the decade, if it…