UAE Central Bank removes insurance company’s board of directors
The UAE Central Bank has removed the board of directors of an insurance company operating in the country, as it…
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Bank Dhofar makes offer to acquire 100% of competitor Ahli Bank
Oman’s second-biggest lender by market value, Bank Dhofar, has withdrawn its merger offer for Ahli Bank and put a new…
Samer Abdallah (KPMG) on government innovation in Saudi Arabia
In a new report, KPMG explores the state of government-led innovation in Saudi Arabia, finding that the government is investing…
Qatar Investment Authority invests further in marketing platform Insider
One of the leading marketing platforms for delivering individualized, cross-channel customer experiences Insider today announced an investment of up to…
RAK Properties launches beachfront ‘Bayviews’residences in Mina Al Arab
RAK Properties PJSC, Ras Al Khaimah’s leading publicly listed property developer has announced the launch of Bayviews Residences, a new…
Bankers See Asia-Middle East Dual Listings as a Budding Trend
Dual listings between the Middle East and Asia are expected to become a new trend as investment flows between the…
Banque Misr signs deal with Zammit to support micro, small businesses
Banque Misr has signed a cooperation protocol with the e-commerce platform Zammit to offer financial and non-financial solutions to micro…
Saudi Arabia’s banking sector set for further gains
Following a boom last year, Saudi Arabia’s banking sector is set for further gains in the coming years, according to…
UAE Central Bank removes entire board of directors of insurance company
The Central Bank of the UAE has removed the entire board of directors of an insurance company operating locally and…
Abu Dhabi ADNOC and TAQA award sustainable water project worth up to $2.4bln
Abu Dhabi National Oil Co. and Abu Dhabi National Energy Co. PJSC has awarded a sustainable water supply project estimated…
Qatar hopes to attract foreign asset managers through its new market-making program
Qatar is set to attract foreign asset managers as its sovereign wealth fund dedicates up to 1 billion Qatari riyals…
UAE Central Bank License Enables Checkout.com to Offer Services to Merchants in the Middle East
Payments service provider Checkout.com has obtained a Retail Payment Services license from the Central Bank of the United Arab Emirates. …