First Abu Dhabi Bank clears decade-old hurdle on road to South Africa
First Abu Dhabi Bank, the largest lender in the United Arab Emirates, has moved a decisive step closer to setting…
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AmiViz and Cyberhaven announce strategic partnership
AmiViz, the Middle East’s leading cybersecurity and AI-focused value-added distributor, today announced a strategic partnership with Cyberhaven to bring the…
SAMA approves Credit Line as Saudi finance companies reach 77
The Saudi Central Bank has given permission for Credit Line to conduct micro consumer finance activities, bringing the total number…
Abbas seeks Arab funds as Israel pushes PA to the brink
The Palestinian Authority's survival now depends on emergency financial support from Arab states as Israel continues withholding vital tax revenues,…
Bahrain's NBB signs accord with ICIEC to finance global trade transactions
The National Bank of Bahrain (NBB) has signed various agreements with the Islamic Corporation for the Insurance of Investment and…
Mastercard partners with Neema for real-time transfers to Israel
Mastercard and Neema have signed a commercial partnership to enable real-time money transfers into Israel via Mastercard Move. The…
Egypt’s Rostom, World Bank finalise innovative financing solutions for infrastructure projects
Egypt is preparing to launch innovative financing solutions for its infrastructure projects following advanced consultations with the World Bank, Minister…
Credit granted by banks in Oman to private sector rises
The monthly report issued by the Central Bank of Oman (CBO) indicated that credit granted by conventional banks to the…
Qatar Islamic Bank partially exits 13.75% stake in Daaman Islamic
Qatar Islamic Bank (QIB) has partially divested its 13.75% stake in Daaman Islamic Insurance Co. (Beema) to a group of…
Visa honours Khaleeji Bank for outstanding performance
Khaleeji Bank, a leading Islamic bank in Bahrain, has been awarded by Visa, a global digital payments leader, for achieving…
Venture studios, innovation challenges push Qatar startups towards contracts
Qatar is putting in place a set of structural mechanisms, including venture studios, national innovation challenges, and corporate pilot partnerships,…
Confused about UAE corporate tax? FTA answers 15 common business questions
The UAE's Federal Tax Authority (FTA) has published its most comprehensive summary yet of Corporate Tax private clarifications, consolidating dozens…