Abu Dhabi to invest $2.7 billion to boost its manufacturing sector
Abu Dhabi is investing AED10 billion ($2.7 billion) in its manufacturing sector, as the emirate announces new industrial strategy. …
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Egypt’s Banque Misr ensures banking business continuity and digital employee engagement
Banque Misr has announced a digital transformation partnership with global technology company SAP in support of Egypt Vision 2030, for…
DIFC rolls out Open Finance Lab in Dubai
Global financial centre Dubai International Financial Centre (DIFC), active in the Middle East, Africa, and South Asia (MEASA) region, has…
Gulf Islamic Investments acquires majority stake in OFFA UK’s first Shariah-compliant bridge financing company
Gulf Islamic Investments, a leading Shariah compliant global investment company based in the United Arab Emirates, with assets under management…
Saudi Banking Sector Stimulates FinTech, Entrepreneurship
The Saudi Central Bank inaugurated the HORIZON Center at al-Bilad Bank to create a coherent environment that ensures support for…
Most Gulf indexes fall on fears of sharp economic slowdown
Most stock markets in the Gulf ended lower on Thursday, as central banks' aggressive rate-hike approach to tame inflation stokes…
UAE insurance company goes live with Innoveo no-code platform
Innoveo has announced that Oman Insurance company, one of the largest publicly listed insurers in the United Arab Emirates, has…
HSBC recognised in nine of The Banker’s ‘Deals of The Year 2022 – Middle East’
HSBC has been recognised by The Banker magazine for nine of their ‘Deals of the Year 2022’ in the Middle…
National Bank Of Oman Launches Private Banking
Opening up new opportunities for high-net-worth customers, National Bank of Oman has launched Private Banking. Catering to the banking and…
Despite SAMA support, Saudi banks need to add deposits to expand lending: S&P
Saudi Arabian banks are facing less short-term liquidity pressure thanks to the recent 50 billion riyal ($13.3 billion) liquidity support…
Blockchain technology finding its way into digital advertising
Amid Market Volatility, MEmob+ Embraces Blockchain Technology & Accepts Crypto Payments, Here’s Why! Of late, there has been a…
National Bank of Egypt opens first branch in South Sudan
The National Bank of Egypt (NBE) has inaugurated its first branch in Juba, South Sudan. The bank was launched under…