Global Bond Winners for 2021 All Came From Emerging Markets
Emerging-market bonds were supposed to be dragged down this year as central banks moved toward withdrawing stimulus. Instead, the best-performing…
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MIS, Al-Rajhi Capital to launch $266mln Shariah-compliant investment fund
Saudi-based Al-Moammar Information Systems Co., and Al Rajhi Capital on Sunday launched signed a memorandum of understanding to launch a…
Jordan's Capital Bank plans to acquire Societe Generale Bank Jordan – chairman
The board of Jordan's Capital Bank approved a mandatory offer to acquire Societe Generale Bank Jordan (SGBJ), part of a…
Arab National Bank to Implement Open Hybrid Cloud Solutions
Saudi Arabia-headquartered Arab National Bank has reportedly signed on US-based open-source software provider Red Hat, Inc., for the latter’s open…
UAE Central Bank fines an exchange house for compliance failure
The Central Bank of the UAE has fined an exchange house for failing to achieve the appropriate levels of compliance…
MIS, Al-Rajhi Capital to launch $266m Shariah-compliant investment fund
Saudi-based Al-Moammar Information Systems Co., and Al Rajhi Capital on Sunday launched signed a memorandum of understanding to launch a…
World economy set to exceed $100 trillion for the first time next year: Economic wrap
The world's economic output next year is forecast to exceed $100 trillion for the first time, according to a report…
Binance Awarded in-Principle Approval as a Crypto-Asset Service Provider in the Kingdom of Bahrain
Binance has received in-principle approval from the Central Bank of Bahrain (CBB) to establish itself as a crypto-asset service provider…
Abu Dhabi updates event rules as omicron spreads
Abu Dhabi has updated event capacity rules as concerns over the new omicron variant remain high and the UAE daily…
The insanely luxurious life of Dubai’s ruler even puts billionaires to shame.
Snatching the title of one of the most expensive divorces in history from the Gates and Tatiana and Farkhad Akhmedova…
CVDB goes live on ICS Banks Universal Banking solution from ICSFS
Cities and Villages Development Bank (CVDB) has gone live in a record time of five months, on ICS BANKS Universal…
Muscat declared 'Arab Digital Capital' for 2022
The Council of Arab Ministers for Communications and Information announced that Muscat will be the Arab Digital Capital for 2022.…