ADSI granted financial services permission by ADGM
ADSI then applied for and was granted a Financial Services Permission by the Financial Services Regulatory Authority of the Abu…
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Saudi wealth fund near to buying stake in ACWA Power
Saudi Arabia’s sovereign wealth fund is nearing an agreement to buy about a 10 percent stake in ACWA Power International…
UAE's First Abu Dhabi gets securities licence in Saudi Arabia
First Abu Dhabi Bank, the largest bank in the UAE by assets, has been given the go-ahead by Saudi Arabia’s…
Cisco appoints General Manager for Oman
Oman’s government departments and businesses are on a drive to evolve the way they serve citizens and customers. The country-specific…
Bank Sohar wins coveted award from ROP
Bank Sohar was awarded first place within the private sector in the third edition of the Road Safety Awards organised…
75 UAE bank branches shut in digital drive
The number of bank branches in the UAE decreased during 2017 after the merger of NBAD and FGB as well…
National Bank of Fujairah posts net profit of Dh471.9 million
The National Bank of Fujairah has reported net profit of Dh471.9 million for the year ended December 31, 2017, compared…
Corporate governance basic issues highlighted
Central Bank of Bahrain Governor Rasheed Al Maraj has highlighted the basic issues of corporate governance related to ethics, trust,…
Crackdown concern: Saudi corruption purge could lead to greater investor caution
The anti-corruption crackdown in Saudi Arabia which has netted the state more than $100 billion, according to its attorney-general, will…
Embracing artificial intelligence: Do UAE banks have a choice?
Much has been said and written about disruptive technologies and how they are shaking things up across industries. But…
National Bank of Abu Dhabi Partners With Ripple To Offer Real-Time Cross-Broder Payments
Ramana Kumar, Managing Director and Head of Business and Product Management at Global Transaction Banking (GTB), appreciates the potential of…
Gulf Bank Wins ‘Best Retail Bank’ and ‘Best Mobile Banking App’ award
Gulf Bank is pleased to announce it was honoured with two awards at the 5th Annual International Finance Awards ceremony…