U.A.E. Opens VPNs to Banks
Companies and banks based in the United Arab Emirates can use virtual private networks to access internal systems as long…
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IPOs muted as volatility weighs on investors
The GCC’s IPO performance in the second quarter remained low as oil prices and global economic volatility, regional political unrest…
Uber drives job growth in the Middle East
How often do you Uber? The ride-hailing app has become a household brand and has joined the ranks of Google…
Weak oil and global bourses pull down Gulf; Egypt rises
Weak oil prices and global equity markets pulled down stocks in the Gulf yesterday, with some Saudi Arabian petrochemical shares…
Kuwait's Burgan Bank says Q2 net profit falls by 14%
Burgan Bank, Kuwait's third-largest lender by assets, reported a 14 percent fall in second-quarter net profit on Tuesday. A…
Advanced phases of cooperation between BAB and CBB
The Bahrain Association of Banks board of directors reviewed their collaboration with the Central Bank of Bahrain through a meeting…
GCC bonds & Sukuk market gets a new life in Q2
The GCC bond and Sukuk market demonstrated improved activity in Q2 2016 especially on the sovereign front as the market…
Govt wakes up to plight of Pakistanis in Saudi Arabia
Prime Minister Nawaz Sharif on Tuesday directed officials in Islamabad and Riyadh to help over 8,000 Pakistani workers who have…
QIIB completes issuance of QR1bn Sukuk
QIIB has successfully completed the issuance of QR1bn Sukuk, the Bank said in a statement to Qatar Exchange. The…
Israeli Bank Helped US Clients to Cheat Taxes
According to United States prosecutors, an employee of Bank Leumo Le-Israel devised a novel method to assist an American client…
Oman amends it's visa rules, permits longer stays
Oman will reportedly relax rules on multiple entry visas for some countries in a bid to boost its economy, reported…
HSBC hands over list of 8,000 Israeli Swiss accounts
The Israel Tax Authority is checking the information on the lists to see if there is any unreported capital. …