ALEXBANK to Implement FATCA First of July
ALEXBANK announced that it will start applying the U.S Foreign Account Tax Compliance Act known as FATCA beginning of July1st.…
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Islamic Development Bank Announces US$2 Billion IDB Infrastructure Fund II
His Excellency Dr. Ahmad Mohamed Ali, President of the Islamic Development Bank (IDB) Group, announced the launch of the US$2…
EY appoints Managing Partner in Oman
EY has announced the appointment of Ahmed Al Esry as the new Office Managing Partner in the Muscat office. Ahmed…
Deloitte appoints new Middle East family office head
Approximately 80% of non-oil GDP within the Middle East region is accounted for by family-owned business groups. Typically, these privately-owned…
Family-owned businesses make up the largest sector of the GCC economy
Approximately 80% of non-oil GDP within the Middle East region is accounted for by family-owned business groups. Typically, these privately-owned…
QIIB launches Ferrari Credit Card
Qatar International Islamic Bank (QIIB), voted "Best Islamic Bank in Qatar"in 2014, launched the first and only Ferrari Credit Card…
PwC’s latest Middle East capital projects and infrastructure survey
PwC launched its second Middle East capital project and infrastructure survey today. The survey finds a renewed optimism, with 75…
Israel: Stress test finds Israel banking system stability safe from recession
There is no danger to the stability of Israel's banking system should there be a severe recession, although the hit…
Muscat Fund to invest in IPOs, GDRs of MSM-listed companies
The decision was taken at the annual general meeting (AGM) of the unit holders of Muscat Fund. All members of…
Mobile banking to boost credit card usage to 38%: Blom Bank Egypt official
Mobile banking is set to increase numbers of credit card users from 33% to as much as 38% of Egyptians,…
Multiple banking windows make financial market competitive: CBO
Muscat Introduction of Islamic banking and its windows has added to the diversity of the financial market in the country…
Dubai property a big draw for Chinese investors
Chinese individual investors poured about 1.3 billion UAE dirhams in Dubai's real estate last year, nearly tripling that of 2012,…