Indonesia's sovereign wealth fund, DP World agree on $7.5 bln partnership
Indonesia's sovereign wealth fund has signed a $7.5 billion deal with Dubai-based logistics company DP World to form a consortium…
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QIB receives 6 prestigious awards
QIB Group CEO was awarded ‘CEO of the Year’ in Qatar Best Digital Bank in Qatar Best Retail Bank in…
Digitization critical to handling $45 trillion assets
Digitization has become crucial for BNY Mellon due to the amount of data it has in its systems, Chairman of…
Bahrain announces 5-pillar new growth strategy
Bahrain has announced a new national economic growth and fiscal balance plan with the aim of enhancing the economy’s long-term…
Don't Choose Extinction
The world spends an astounding US$423 billion annually to subsidize fossil fuels for consumers – oil, electricity that is generated…
UAE economy will have robust, multi-year growth: ADIB chairman
The chairman of Abu Dhabi Islamic Bank said the bank expects the UAE economy to have robust, multi-year growth. The…
Dubai FSA fines and bans financial services firm director pending tribunal outcome
A former senior executive officer and director of financial services firm La Tresorerie Limited, Gilles Rollet, was provisionally fined $175,000…
ADIB seeks M&A deals in UAE and GCC to expand asset base
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, is looking for merger and acquisition opportunities in the…
Etihad Credit Insurance launches ‘UAE Trade Finance Gateway’
As a significant impetus to the UAE’s economic development, Etihad Credit Insurance (ECI), the UAE Federal export credit company, has…
UAE-based Global Advocates further consolidates its presence in the region
Global Advocates, one of the leading regional law firms in the Middle East, with offices in the UAE, Oman, and…
Bahrain details fiscal balance plan as zero-deficit target delayed to 2024
Bahrain on Sunday gave details of a new economic growth and fiscal balance plan that pushes a zero-deficit target back…
Saudi deposits $3 bln in Egypt's central bank
The Saudi finance ministry said on Sunday the Kingdom had deposited $3 billion with Egypt's central bank and extended the…