FAB teams up with IBM to hasten digital transformation
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has…
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Abu Dhabi added 80 economic activities in 2021
Abu Dhabi added 80 economic activities in 2021 spanning key sectors as the emirate seeks to attract more businesses as…
Mubadala names new CEO for Abu Dhabi Investment Council
Mubadala Investment Company has appointed Mohamed Ali Al Dhaheri as the next CEO of its portfolio company, Abu Dhabi Investment…
National Bank of Kuwait reports net profit of KD 116.6mln for the first quarter of 2022
Al-Sager: Our strong performance is supported by prudent risk management and excellent credit quality We continued delivering strong performance across…
Saudi telecom firm Zain net profit jumps 98% to $22m in Q1 on higher revenue
Mobile Telecommunication Co. Saudi Arabia, known as Zain KSA, has seen a 98 percent increase in net profit during the…
Submit your tax returns by this date: Tax Authority Oman
The Tax Authority has urged those subject to the provisions of value-added tax to submit tax returns for the first…
FAB teams up with IBM to accelerate digital transformation
First Abu Dhabi Bank has announced the collaboration with IBM Consulting to support the bank’s ongoing digital transformation journey. …
EY: Two thirds of Middle East CEOs to pursue M&A in 2022
Two thirds of CEOs in the Middle East plan to pursue a merger or acquisition in the next 12 months,…
Arab economies expected to grow by 5% in 2022: AMF
5% in 2022, supported by the increase in oil production and its prices in international markets and the continuation of…
Some UAE banks ask for further temporary relaxations on key IFRS 9 compliances
A number of UAE banks, especially those with restructured loan exposures to corporates and SMEs, are seeking more - and…
At a glance – Commercial International Bank 1Q22 results
Softening COR and volume driven core banking income growth drive earnings up a solid 48% y-o-y Commercial International Bank’s…
Risks for Saudi's banking sector to remain contained: S&P
Despite the prospects of rapid expansion over the next 12 to 24 months risks to the stability of the Kingdom…