Saudi Aramco plans maintenance at refineries at year end
Saudi Aramco plans to shut two refineries towards the end of this year for scheduled maintenance, four sources close to…
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International banking unit: SBI’s GIFT City unit to deal in ECBs & trade credit
The State Bank of India became the seventh bank to open an International Banking Unit at the GIFT City campus…
Kuwait’s banking system outlook remains ‘stable’
Moody’s Investors Service’s outlook for Kuwait’s banking system remains stable, reflecting the rating agency’s expectation of continued government spending and…
UAE banks bail out 1,700 SMEs and corporations with Dh7 billion in loans restructured
An initiative among local banks to bail out small and medium sized enterprises has helped to restructure some Dh7 billion…
Qatar Slumps Ahead Of FTSE Inclusion, Saudi Drops On Austerity Concerns
Qatar's main equity index slumped 4.0 percent on Monday ahead of the additions of some companies in FTSE's secondary emerging…
UAE optimistic on solar industry despite liquidity concerns
The UAE remains “very optimistic” on the solar industry, the country’s undersecretary for energy said on Monday despite concerns that…
KFH replaces 50 ATMs to offer innovative services
Kuwait Finance House, KFH has replaced 50 ATMs at its branches in the framework of its ongoing efforts to offer…
Cabinet praises royal visits, hails Government Forum outcomes
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has lauded His Majesty King Hamad bin Isa Al…
UBF welcomes Bankruptcy Law
The CEO Advisory Council of the UAE Banks Federation UBF, the professional body representing 49 banks in the UAE, on…
Bahrain Institute of Banking and Finance celebrates International Diploma and Undergraduate Programs graduation
Bahrain Institute of Banking and Finance celebrates International Diploma and Undergraduate Programs graduation Bahrain Institute of Banking and Finance ,…
Israeli Court Upholds FATCA Law
The Supreme Court of Israel has dismissed calls for a block on the Israeli Government transferring personal financial data to…
Qatar First Bank named 'Best Shari'ah Alternative Investment Platform' for 2016
Qatar First Bank has been recognized as the ‘Best Shari’ah Alternative Investment Platform’ for 2016 by ‘Wealth & Finance’…