China hands over billions of dollars to revive growth in Middle East
China’s president Xi Jinping has pledged $20bn in loans and $1.6bn in aid to countries in the Middle East to…
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Hogan Lovells’ New Asia Pacific and Middle East Head Has Big Plans in an Interconnected World
Miguel Zaldivar, Hogan Lovells’ new regional head for the Asia Pacific and the Middle East, plans to shake things up…
Bankruptcy reforms ‘will spur Saudi Arabian investment’
Saudi Arabia will introduce its first comprehensive bankruptcy law on Aug. 18 in a move designed to encourage foreign and…
UAE a key Middle East stop along China’s Silk Road initiative
The UAE’s trade with China shas grown substantially since His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of…
UAE banks continue to perform well, with higher profitability
Leading global professional services firm Alvarez & Marsal has released its latest UAE Banking Pulse for Q1 2018, showing that…
Bank Muscat Launches Management Development Programme by Insead Business School
Bank Muscat, the flagship financial services provider in the sultanate, in line with its vision ‘To serve you better, everyday’…
First Abu Dhabi Bank sells Jordan business to Société Générale
The UAE's biggest lender First Abu Dhabi Bank (FAB) has signed an agreement with French bank Société Générale's Jordan unit,…
Saudi Arabia boosts fintech drive with UAE and Bahrain talks
Saudi Arabia is discussing a coordinated approach to the regulation and nurturing of fintech startups with the UAE and Bahrain.…
Sharjah Islamic Bank’s net profit up 4% in first half 2018
Sharjah Islamic Bank (SIB) on Sunday reported Dh283 million net profit for the first half 2018 compared to Dh272.9 million…
Charges dropped against Abraaj founder over $48m bounced cheque
A court in the United Arab Emirates has dropped a criminal complaint against Arif Naqvi, the founder of Abraaj, for…
Saudi Arabia 'top digital banking market in Mena'
Saudi Arabia has emerged as the top digital banking market in the Middle East and North Africa (Mena) region, with…
FAB Appoints Head of Corporate and Investment Banking for the UAE
First Abu Dhabi Bank, the UAE’s largest bank and one of the world’s largest and safest financial institutions, has appointed…