Bahrain's cashless transactions reached $3.62bln in H1 2021
Cashless transactions in Bahrain surged by 50 percent year-on-year to $744 million in August after reaching nearly $4 billion in…
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Crisis or not: UAE financial wealth continues its growth, says BCG
Despite the pandemic’s enduring financial impact, global prosperity and wealth continued to grow throughout the crisis, both globally as well…
CyberSec Consulting’s founder Anuj Jain admitted to Forbes Council
Forbes Business Council, a prestigious community for leaders and business owners internationally, has admitted the founder of UAE-based CyberSec Consulting…
KPMG in Saudi Arabia appoints Kenan Nouweilati as Advisory leader for Eastern Province
KPMG in Saudi Arabia has appointed Kenan Nouweilati as a Senior Director in its Advisory practice. Nouweilati's appointment follows…
First Abu Dhabi to Sell Stake in $1B Payments Unit
First Abu Dhabi Bank (FAB), a public joint stock company and the largest bank in the United Arab Emirates (UAE),…
Dubai International Financial Centre continues strong growth in H1 2021
Strong H1 performance reinforces Dubai’s status as a leading global financial centre DIFC has achieved its ‘2024 Strategy’ growth targets…
Axa sells insurance operations in Gulf region
AXA announced today that it has completed the sale of its 50% shareholding in AXA Gulf and its 34% shareholding…
Abu Dhabi starts marketing two-tranche bonds, document shows
Abu Dhabi on Wednesday gave an initial price guidance of about 90 basis points (bps) over U.S. Treasuries (UST) for…
FAB appoints Heads of Investment Banking and Consumer Banking Groups
First Abu Dhabi Bank appoints Martin Tricaud as Group Head of its Investment Banking Group and Futoon Almazrouei as Group…
A ticket to boost the Arab world's tech sector
Countries of the GCC region have come a long way. In diversifying their economies away from oil, they have invested…
Lingering pandemic woes hamper MENA recovery: S&P report
The MENA-6: Egypt, Morocco, Qatar, Saudi Arabia, Tunisia and the United Arab Emirates, are still operating in the shadow of…
GCC sukuk issuance set to decline in 2021
Sukuk [Islamic bonds] issuances across GCC countries are set to decline in 2021 compared to the previous year according to…