Egypt's central bank keeps key interest rates unchanged
Egypt's central bank left its overnight interest rates unchanged at a meeting of its monetary policy committee on Thursday, saying…
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KPMG launches inaugural ‘Asasiyat’ report
KPMG in Qatar has launched the inaugural edition of their strategy ‘Thought Leadership’ report titled “Asasiyat” – KPMG Strategy Insight…
Roland Berger promotes three senior members in the Middle East
Hot on the heels of four leadership appointments last month, Roland Berger has made another trio of senior appointments in…
UAE’s tax-free allure dims with new corporate profit levy
The United Arab Emirates will impose a federal levy on corporate earnings for the first time next year, as it…
Saudi announces new program for digital content creation
Saudi Arabia announced Ignite, a new program for digital content creation and production; new investments and support for next-generation connectivity…
UBS Starts Shared Services Hub in Doha
The launch of an additional business solutions center is expected to create 200 jobs and advance Qatar's financial digitalization. …
First Abu Dhabi Bank, Mastercard introduce virtual corporate debit card
UAE’s First Abu Dhabi Bank (FAB) has partnered with Mastercard to launch a new virtual debt card. The FAB…
Emirates NBD, Singapore’s APIX join hands to boost fintech innovation
Emirates NBD has announced a strategic partnership with fintech collaboration platform APIX Singapore, wherein it gets access to its network…
Oman Banks Association holds its first meeting of 2022
Oman Banks Association (OBA), held its Board of Directors meeting on February 2, 2022. Chaired by Mr. Abdul Hakeem Al…
Turkish central bank begins distributing 2021 profits to shareholders
Turkey's central bank said on Thursday it had decided to pay advance dividends from its 2021 accounting period and distribute…
Bank AlJazira sees momentous profit rally, hitting over $268m
Saudi Arabia’s Bank AlJazira has seen its 2021 profits surge to over SR1 billion ($268 million), according to a bourse…
Profits of Bank Albilad soar to $450m in 2021
Saudi Arabia's Bank Albilad has reported over a 25 percent increase in its 2021 profits, driven by a rise in…