Dubai records over $544mln in realty transactions on Thursday
Dubai real estate market recorded 529 sales transactions worth AED1.89 billion, in addition to 80 mortgage deals of AED133.23 million,…
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Saudi fintech Manafa Capital raises $28.3mln
Saudi fintech Manafa Capital has closed a Series A funding round of SAR 106 million ($28.3 million) which it will…
SAMA to launch Basel III reforms implementation in January 2023
The Saudi Central Bank, also known as SAMA, on Wednesday said the Basel III reforms will come into force in…
Saudi Central Bank’s assets reach $505bn in November: Report
Total assets of the Saudi Central Bank, also known as SAMA, increased by SR20.44 billion ($5.4 billion) month-on-month to reach…
UAE Central Bank issues coins to celebrate Abu Dhabi's Zayed and Khalifa ports
The UAE Central Bank has issued 1,000 commemorative silver coins to mark the 50th anniversary of Zayed Port and the…
The Arab Monetary Fund and the Arab Gulf Programme for Development sign MoU
Emphasis on supporting the successful implementation of the comprehensive economic reform program signed between the Arab Monetary Fund and the…
Jordan Kuwait Bank : European Investment Bank…
EIB Vice President agrees USD 63 million new financing loan to support joint initiativesduring visit to Amman Joint program to…
Dubai Chamber of Commerce launches FinTech and Payments business group
Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers has announced the launch of a new…
Doha’s central bank issues billions in Treasury Bills, Sukuk
Qatar Central Bank’s foreign reserves surge 6.82% in November 2022. Around QR6 billion worth of treasury bills were issued…
SABB wins Best Private Bank in Saudi Arabia 2023
The Saudi British Bank has been named “The Best Private Bank in Saudi Arabia” for 2023 by Global Finance as…
Banque Misr sees 1567% surge in daily USD withdrawals abroad
Daily withdrawals from branches of Banque Misr abroad reached an average between $570,000 and $600,000, Hapi Journal reported on December…
Gold price soars in Egypt as local currency weakens
The price of gold in Egypt has risen to unprecedented highs as nervous savers seek refuge from a weakening currency…