Saudi Arabia’s first bank beats region’s best to win two corporate excellence awards
Alawwal bank won the Middle East’s “Best retail bank” and “Banking CEO of the year” at the recent Lefonti Awards…
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Many wealthy women seek legal loopholes to disinherit husbands
While the Islamic law has clearly defined the inheritance rules some wealthy women in Saudi Arabia are accused of playing…
Regional investors show interest in ONIC to invest in Oman, says Ominvest
Oman International Development and Investment Co (Ominvest) said regional investors are showing interest in its subsidiary Oman National Investment Corporation…
Saudi, Egyptian markets outperform in weak region
Saudi Arabia´s stock market rose in a mostly weak Gulf region on Tuesday after data showed deflationary pressure on the…
Footballers ‘prefer’ Turkey due to low income tax rate
Turkey is one the most preferred countries among football players as the income tax rate in the country is lower…
1MDB Makes Final Payment to Abu Dhabi Sovereign-Wealth Fund
Malaysian state-investment fund 1Malaysia Development Bhd., or 1MDB, said it has paid all that is required to be paid to…
UAE banks ready for challenges
The UAE banking sector's performance will see a stabilisation as the economy also does so with the recovery in crude…
Yapı Kredi CEO Açıkalın to resign from post on Dec 29
Turkey’s Yapı Kredi Bank has announced its chief executive officer, Faik Açıkalın, will willingly retire from his position on Dec.…
Blockchain & Bitcoin Conference Turkey: Istanbul to discuss blockchain and the future of digital economy
Why Turkey? The country experiences an active development of the blockchain technology and cryptocurrency market. Currently, the country has successful…
Israel’s Cryptocurrency May Solve an Institutional Problem
Following in the footsteps of India, Russia, and Dubai, Israel is looking to launch its own national cryptocurrency. The…
Saudi Arabia releases 23 high-level ‘corruption’ detainees
Saudi Arabia has released 23 of the 200-or-so powerful individuals detained since November on corruption charges after they reached deals…
Egypt's CI Capital acquires Reefy
CI Capital Holding completed its acquisition of a majority stake if Reefy – Micro Finance Enterprise Services Co. specialised in…