UAE corporate tax: Exploring four major updates
In the past two weeks, there have been four significant developments on the UAE corporate tax landscape. The UAE…
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Ex-Redington research head and Baillie Gifford director join Jennison
Jennison Associates has made two senior hires for its EMEA-focused business, as the PGIM subsidiary seeks to strengthen its client…
NBO & Zumr team to boost FinTech innovation and empower SMEs
National Bank of Oman has partnered with Zumr, an innovative Rotating Savings and Credit Association platform. Under this collaboration,…
Oman's Bank Muscat Q1 net profit up 6%, beats estimate
Oman's largest lender by assets, Bank Muscat, reported a Q1 2024 net profit of 54.24 million rials ($140.9 million) nearly…
Crypto crime value dropped significantly in 2023, shows Chainalysis report
What have been the most significant trends in crypto-related crime observed over the last year? Our tracking of crypto…
Dario Locatelli appointed CEO in Allianz Trade GCC
Dario Locatelli, current Regional Head of Surety in Allianz Trade MMEA (Mediterranean, Middle East and Africa Region), has been appointed…
The BNK Group expands its horizons into the GCC
Introducing a new chapter, The BNK Group proudly announces its expansion into the dynamic GCC market. With a legacy rooted…
Saudi Arabia’s point-of-sale transactions grew 20% to reach $14.33bn in February
Payments made through point-of-sale terminals in Saudi Arabia experienced a notable 20 percent annual increase in February, totaling SR53.72 billion…
Saudi finance minister to lead Kingdom’s delegation at IMF-World Bank Spring Meetings
Saudi Finance Minister Mohammed Al-Jadaan will head the Kingdom’s delegation to the International Monetary Fund and the World Bank Group…
Middle East 'leading world travel industry boom in 2024'
In a year poised to mark a historic zenith for the travel and tourism industry, and with the World Travel…
Can ‘credit shield’ save you when credit card debts pile up after cash crunch crises?
When you sign up for a new credit card, you will most likely be encouraged by the bank’s salesman to…
Saudi banks’ foreign assets surge by 22%, reflecting robust international investments
The foreign assets of Saudi Arabia’s commercial banks surged by 22 percent in February, reaching a total of SR347.63 billion…