Bank Nizwa launches Shari’ah-compliant eco-friendly payment cards
Bank Nizwa became the first Islamic bank in Oman to introduce Shari’ah-compliant eco-friendly credit and debit cards. Designed to…
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Hisham Ezz Al-Arab returns to CIB as experienced board member
Veteran banker Hisham Ezz Al-Arab has returned to the Commercial International Bank as an experienced board member, according to a…
Standard Chartered Bank appoints CEO for its Branch in Saudi Arabia
Standard Chartered Bank announced the appointment of Mazen Fahad Al Bunyan as Chief Executive Officer, Standard Chartered Bank Saudi Arabia,…
ADFD and AIIB explore ways to strengthen cooperation over sustainable economic development
His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, today met at the Fund’s headquarters…
DIFC Insurance Association appoints insurance veteran Simon Price as CEO
The DIFC Insurance Association has appointed Simon Price as their CEO, he officially joins 1st December 2022. The DIFCIA serves…
Dubai Islamic Bank sells $750mln in debut sustainable sukuk
Dubai Islamic Bank sold $750 million of its debut sustainable Islamic bond on Tuesday, a bank document showed. The…
Wealthy investors are buying Dubai homes with cash as interest rates rise
A growing number of wealthy buyers are entering the Dubai property market with cash purchases as financing is getting more…
Citigroup targets more deals in Gulf region
Citigroup Inc's investment banking team has doubled in size over the past two years and more people are being added…
Deloitte expands Technology FAST 50 program in Middle East
Following the success of last year’s inaugural edition, Deloitte has confirmed it is running the next Middle East edition of…
KPMG appoints new Chief Executive as the business moves to the next phase of growth
KPMG Lower Gulf has announced the appointment of Emilio Pera as the company’s next Chief Executive Officer, effective 1 January…
Middle East now a core part of UBP’s business
AUM of more than US$10 billion means the Middle East is now a core part of the UBP group, according…
Standard & Poor’s awards Boubyan Bank the highest credit rating in Kuwait
Al-Majed: Rating Boubyan atop Local Banks Confirms Our Successful Ongoing Balance between Growth, Expansion, and Profits Boubyan Bank took a…