Top US court rules for Arab Bank in Israel attack case
Victims of attacks in Israel cannot use an 18th century law to sue the Arab Bank, a multinational financial institution,…
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Abu Dhabi's Al Hilal Bank is said to uncover internal fraud
Abu Dhabi’s Al Hilal Bank uncovered internal fraud worth more than 500 million dirhams ($136 million), according to people with…
Most UAE residents would recommend their banks, insurers, survey shows
A majority of UAE residents would recommend their bank and insurer to others, according to a new survey from yallacompare.…
Andrew Mackenzie, partner at Baker McKenzie Habib Al Mulla
“That’s what’s very typical of this region, especially on government-related projects. They’re told that everything will be fine, but then…
Blockchain startups to attract $3 billion in investments
Future Blockchain Summit today announced that the event will host the Global Blockchain Startups Marketplace at its inaugural edition from…
World Bank says service sector growth, digital investment could boost job growth in MENA region
Investments in digital technologies could potentially lead to a growth in service sector jobs in major Middle East and…
Global sukuk to grow 15%-20% in 2018, says Franklin Templeton
Global sukuk is expected to register growth of between 15% and 20% in 2018 on the back of improved macro-economic…
UAE lender ADCB Q1 profit up 9%
Abu Dhabi Commercial Bank on Thursday posted a 9 percent rise in first quarter profit as net interest and Islamic…
Egyptian banks strongly partake in Arab Financial Inclusion Week for 2nd year
For the second year in a row, banks active in the Egyptian market are strongly involved in the Arab Financial…
Global philanthropy tips $1.5 trillion, report finds
The Global Philanthropy Report, conducted by researchers at Harvard Kennedy School’s Hauser Institute for Civil Society with funding from UBS,…
Goldman Sachs to Relocate Dubai Banker Mazen Makarem to New York
Mazen Makarem, a senior banker with Goldman Sachs Group Inc. in Dubai, is relocating to New York to cover private…
Bank Muscat CEO ranked among top CEOs in GCC region
In recognition of his outstanding contribution to the banking and financial sector in Oman and the Gulf Cooperation Council region,…