Israel, a Leading Tax Haven
Largely tax-free, they’re controlled by Wall Street and other powerful financial interests, part of a global tax injustice system, governments…
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Blockchain-based payments ideal for Bahrain
Bahrain should follow Dubai’s example and implement a blockchain based payments platform to provide the government with instant reconciliation and…
Saudi Arabia’s central bank launches Ripple pilot
The Saudi Arabia Monetary Authority, the kingdom's central bank, has signed on with Ripple to use the Ripple xCurrent payment…
Banking on Kuwait's Local Market
Global Finance: What is your general sense of the banking sector in Kuwait today? Michel Accad: It is maybe…
The 'black magic' bank heist
One day in August 1995 a man called Foutanga Babani Sissoko walked into the head office of the Dubai Islamic…
Emirates Investment Bank preliminary net profit up 66.8 per cent
The bank’s net profit is up 66.8 per cent to AED 56.52 million, compared with 2016’s AED 33.89 million, while…
DeVere poaches Guardian manager in Middle East
John Green has been with Guardian Wealth in Abu Dhabi since 2015 and is returning to his previous employer, Guardian’s…
Malaysian wealth fund Khazanah unit said to be in talks to sell Turkish insurer
A unit of Malaysia’s sovereign wealth fund plans to sell its Turkish health-insurance business to focus on its home market,…
Saudi Arabia's equity market is trading at attractive valuations, says BofAML
Saudi Arabia's stock market, the Arab worlds’ largest, is attractive thanks to its current cheap valuation compared to other emerging…
Egypt's Biggest Bank Seeks $500 Million Loans, Eyes Saudi Market
The National Bank of Egypt is looking to secure $500 million in loans by the end of June, shunning the…
Arqaam Capital maintains buy rating and take profit call for Mazaya
Arqaam Capital expects great potential for investment in the Boursa Kuwait-listed Al Mazaya Holding stocks as the investment bank has…
KFH reaps 28 renowned international awards in 2017
Kuwait Finance House continued its outstanding performance in all indicators and bagged 28 renowned international awards in 2017 at the…