Dubai gold price's record stuns UAE shoppers
The price of gold has crashed past $3,200 an ounce for the first time in history - and taking the…
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Blackburn appointed HSBC risk and compliance chief: IFR
HSBC has appointed Richard Blackburn as chief risk and compliance officer, to fill the vacancy left after Pam Kaur was…
SABIC profit forecast to drop 47% in Q1 2025, says Riyad Capital
Saudi Basic Industries Corporation’s (SABIC) net profit is expected to fall 47% year-on-year (YoY) to 130 million Saudi riyals ($34.63…
UAE Bank Investments Jump 16% To $202B In January
The total investments by UAE banks reached $202.3 billion (AED 742.9 billion) by the end of January, reflecting a 16%…
Taurus Unveils First Interbank Digital Asset Network
Taurus has unveiled the first interbank digital asset network. Takeaway Points Taurus has unveiled the first interbank digital asset…
AIQ and Gulf Energy Information collaborate to further enrich ENERGYai With industry intelligence
ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access…
QNB group profits rise 3% in 2025 Q1
The Qatar National Bank Group announced a 3 percent increase in net profits during the first quarter of 2025, reaching…
UAE banks investments reach $202bln by end of January
The total investments of banks operating in the UAE rose by 1 percent month-on-month, increasing by AED7.3 billion in January…
RISE division rebrands as APEX Advisory for next phase of growth
The public private initiatives division of RISE has rebranded as APEX Advisory, with the transition marking the kick off the…
Dubai's Al Ansari Financial Services completes $200m BFC deal in Bahrain
The Dubai-based Al Ansari Financial Services is now the GCC's biggest non-banking financial services company. The DFM-listed Al Ansari…
Central Bank of Bahrain grants license to BPay Global
The Central Bank of Bahrain has granted BPay Global B.S.C.(c) (BPay Global) a Payment Service Provider (PSP) license to operate…
Oman’s Sohar International seeks potential merger with Ahlibank
Sohar International Bank, headquartered in Muscat, Oman, has announced its interest in pursuing a possible merger with Ahlibank. The…