ACC quizzes three AB Bank officials
The Anti-Corruption Commission has quizzed three high officials of the AB Bank yesterday over allegations of embezzling Tk 165 crore…
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Dubai’s tighter off-plan rules: the good and the bad
When the Dubai Land Department announced last month more stringent regulations for new real estate projects, it could have easily…
Qatar National Bank Seeks to Increase Foreign Ownership
Middle East’s biggest bank, Qatar National Bank (QNB), is seeking to almost double its foreign ownership limit to 49 percent…
UAE banks ban buying of crypto-currencies with credit cards
Banks in the UAE have decided that they would not allow purchase of cryptocurrencies through credit cards and also not…
Dubai Property Rebound Fails to Materialise
Four months after rejecting a broker’s advice to slash his rent demands on a new Spanish-style villa in Dubai, the…
Saudi Aramco international listing looks increasingly difficult, say sources
Saudi Arabia is increasingly looking to just float oil giant Saudi Aramco locally as plans for an initial public offering…
Mashreq Bank to Win Twice at EMEA Finance Middle East Banking Awards
Mashreq Bank, the UAE’s leading financial institution, was honored twice at the 2017 EMEA Finance Middle East Banking Awards. …
Saudi banks to see 4% lending growth in 2018 – Moody’s
The outlook for Saudi Arabia’s banking system is expected to be “stable” this year, as the kingdom’s economy will return…
The tax-hike freeze sends out a clear message
Many enquiries were raised by citizens and residents alike questioning the possibility of increasing the value-added tax rate from 5…
Khaleeji Commercial Bank's CEO to formulate new three-year strategy
The first mandate of the new chief executive of Khaleeji Commercial Bank Sattam Al Gosaibi is to formulate a new…
BBK co-founding partner of Bahrain Fintech Bay
BBK, Bahrain pioneer in retail and commercial banking, announced its partnership with Bahrain FinTech Bay” .the Bank being one of…
Microsoft to Deliver the Intelligent Cloud From New Datacenters in the Middle East
Microsoft today revealed plans to deliver the intelligent, trusted Microsoft Cloud from its first datacenters located in the Middle East,…