UAE most attractive target for Chinese lenders, research shows
The UAE was the most attractive target in the Middle East and Africa for Chinese policy lenders in the last…
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Oman Arab Bank appoints CEO
The Board of Directors of Oman Arab Bank (OAB) announced yesterday the appointment of Rashad Ali Al Musafir in the…
Banks blame investors for not assessing risks
Investors, who took exposure to leveraged non-resident rupee deposit products in India and stand to lose heavily from the recent…
Adib plans to open new branches in UAE
Abu Dhabi Islamic Bank (ADIB) plans to open three more branches in UAE this year, with a thrust on digital…
VCBank delivers 45pc return after Byrne exit
Venture Capital Bank (VCBank), a Bahraini Sharia-compliant investment firm, has netted a 45 per cent return after exiting its investment…
Banking Beyond Disruption: How Artificial Intelligence Will Transform the Future of Banking
Bank ABC and AFS (Arab Financial Services) announce that the 3rd Middle East & Africa FinTech Forum, the region’s premier…
Abu Dhabi Global Market launches licence for tech start-ups
Abu Dhabi Global Market (ADGM), the leading international financial centre (IFC) of Abu Dhabi is pleased to announce the launch…
UAE Job Market Very Robust with Nearly 9 in 10 Employers Hiring
The United Arab Emirates remains among the most booming and competitive job markets regionally and globally, with many talented professionals…
Saudi Aramco’s investment chief goes to UK pension fund
A former investment consultant who spent eight years working in Saudi Arabia as the head of in-house fund management at…
Kuwait's Burgan Bank plans 150 mln dinar bonds
Kuwait’s Burgan Bank has won approval from the country’s central bank to issue up to 150 million dinars ($496 million)…
15 Companies Consider Merger to Avoid Bankruptcy in Kuwait
Fifteen companies are reported to be considering a merger to avoid bankruptcy before the end of 2018 amid pressures mounted…
New Global FinTech Deal Highlights Collaborative Trend
The latest global FinTech collaboration ties together Singapore and Dubai in a deal designed to encourage innovation in digital payments,…