Al-Rushood: KFH Profits Approximated Pre-Covid19 levels
Acting Group CEO of Kuwait Finance House (KFH), Abdulwahab Essa Al-Rushood said that the Group performance has grown significantly during…
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Mashreq Bank Chooses Thetaray Transaction Monitoring Solution for Correspondent Banking
Mashreq Bank of the UAE and ThetaRay has announced they will collaborate in transaction monitoring. The implementation of ThetaRay's AI-driven,…
Al Salam Bank net profit surges 134pc
Al Salam Bank has reported a net profit attributable to shareholders of BD21.4 million ($56.7 million) for FY 2021 compared…
ADQ-backed digital bank gets UAE central bank approval for launch
The Central Bank of the United Arab Emirates has given in-principle approval to a new digital banking platform, backed by…
Doha Bank posts QR703.774 million net profit in 2021
Doha Bank recorded a slight increase in net profit during the year 2021, to reach QR 703.774 million Qatari riyals,…
EBRD approves new country strategy for Egypt
The Board of Directors of the European Bank for Reconstruction and Development has approved its country strategy for Egypt, which…
Growth in Shariah-compliant investment opportunities expected in 2022 – INVESCO
Opportunities to invest in Shariah-compliant investment vehicles are expected to grow as the focus on environmental, social and governance (ESG)…
UAE's Etisalat partners with FAB, ADQ, Alpha Dhabi to launch new digital bank
Etisalat Group has partnered with banking giant First Abu Dhabi Bank (FAB) and UAE conglomerates ADQ and Alpha Dhabi Holding…
Qatar Chamber briefed on investment opportunities in Oman
Qatar Chamber (QC) First Vice-Chairman Mohamed bin Towar Al Kuwari yesterday met with the Head of the Commercial Representative of…
Saudi wealth fund PIF to invest Dh150m in Dubai fitout consultancy Depa
The Saudi wealth fund PIF is investing Dh150 million in the Dubai fitout specialist Depa in one of its first…
ADQ-backed digital bank gets UAE central bank approval for launch
The Central Bank of the United Arab Emirates has given in-principle approval to a new digital banking platform, backed by…
UAE Tax issues affecting international clients
The United Arab Emirates has announced that it will introduce a new 9% corporate tax rate for businesses with taxable…