Deloitte: Tax reform in the GCC approaching
Tax reform in the Gulf Cooperation Council region is a matter of when, not if, and Saudi Arabia is not…
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UAE's United Arab Bank appoints three to senior management positions
United Arab Bank P.J.S.C announces changes to its senior management team to support the bank's strategy of delivering value to…
UAE’s pension regime is ripe for a change
A few months ago, rumours were spread on changes that will be introduced to the pension system in the UAE.…
ENBD launches interactive teller machine
UAE-based Emirates NBD, a leading bank in the region, has introduced a new generation Interactive Teller Machine, a first to…
Cyber attacks pose a grave risk to GCC banks
Innovation has become the key for banking to offer customers an enriching experience. GCC banks have leveraged on technology to…
Oman's Bank Dhofar closes $250 mln three-year loan – sources
Oman's Bank Dhofar has raised a $250 million three-year loan to be used for general funding, sources aware of the…
Burgan Bank debuts US$350mn club facility
Kuwait’s Burgan Bank has signed an inaugural US$350mn, two-year club facility with a group of local and international relationship banks.…
Bahrain Award for Entrepreneurship announces jury members
The Organising Committee of The Bahrain Award for Entrepreneurship formally announced the members of the jury panel who will evaluate…
Bahrain bans credit card surcharges
Bahrain News Agency reports that the meeting focussed on the practice of companies and establishments that deduct extra amounts from…
Boris Johnson urged to disinvest from bank linked to Saudi regime
The mayor of London, Boris Johnson, has been pressed not to put profit before principle after it was revealed that…
Al Baraka Bank Egypt employs SAS FATCA solution
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), partnered with SAS and Data…
Turkey home to 100,000 millionaires
Turkey now boasts more than 100,000 millionaires, making it the Middle East’s top country for the wealthy, according to an…