Saudi bourse to start new settlement period on April 23
Saudi Arabia’s stock exchange said it would extend the period for settling trades and introduce short-selling on April 23, reforms…
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GCC expats way behind in their retirement planning
In retirement planning, GCC expats are way behind their counterparts in North America, Europe and Asia, a study by global…
NBK is first GCC bank to open branch in China
Bank of Kuwait opened its new branch in People’s Republic of China, holding a ceremony at Shangri-La Hotel in Shanghai…
GCC financing challenges discussed at Bahrain forum
Senior government officials, regulators and economists joined local and international financiers and business leaders at the Gulf Cooperation Council Financial…
Oman agrees to deepen ties with Iran central bank
Oman's central bank has signed a memorandum of understanding with the Iranian central bank to strengthen financial and economic cooperation…
Bank Muscat outlines customer-centric growth strategies at annual forum
Bank Muscat, the flagship financial services provider in the sultanate, reviewed the 2016 performance and outlined its customer-centric growth strategies…
QSE edges lower as Gulf institutions book profit
The Qatar Stock Exchange opened the week weak and its key index fell 32 points as Gulf institutions were increasingly…
Zakir Naik’s foreign assets now part of probe
Having attached properties worth Rs 20 crore of the controversial Islamic preacher and televangelist Zakir Naik in Mumbai, The…
Saudi Aramco preparing Sukuk issuance
Reuters is reporting that Saudi Aramco is set to issue a Sukuk. According to Reuters, it is set to…
Egypt's largest bank seeks new funding from European financiers
Egypt’s biggest lender, the state-owned National Bank of Egypt is negotiating a new funding from four European financiers under the…
65 per cent of GCC expats 'don't have a pension'
GCC expatriates are miles behind their counterparts in North America, Europe and Asia when it comes to retirement planning, a…
International Islamic Bank signs for ICS Banks Islamic
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that International Islamic…