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ADGM Signs MoU With Hainan Provincial Government

Banking - Published date: .

The Abu Dhabi Global Market (ADGM) and the Hainan Provincial Government have signed an MoU to boost the economic and fi... Read more

GFH Approves Distribution Of $85 Million In Dividends

Banking - Published date: .

Bahrain’s GFH Financial has approved the distribution of cash dividends at a rate of 3.3 per cent of the nominal val... Read more

UBF Approves Priorities, Strategic Plan For 2019

Banking - Published date: .

The Board of Directors of the UBF has approved the priorities and strategic plan for 2019, according to local newswire,... Read more

Bahrains NBR Publishes VAT Guide On Financial Services

Banking - Published date: .

The Bahrain National Bureau for Revenue (NBR) has released the first edition of its Financial Services VAT guide (FSI... Read more

A-/A-2 Ratings Affirmed For Saudi Arabia

Banking - Published date: .

S&P Global has affirmed its A-/A-2 long and short-term foreign and local currency sovereign credit ratings for Sau... Read more

Saudi's Kingdom Holding To Invest Careem Proceeds In Europe, Says CEO

Banking - Published date: .

The Chief Executive of Saudi-based Kingdom Holding said that the firm will channel the proceeds from the sale of its s... Read more

SABIC, Aramco Plan Discovery Phase To Lock In Merger Savings

Banking - Published date: .

(Bloomberg) --SABIC’s Chief Executive Officer said that the chemical company’s $69 billion takeover by oil giant Sa... Read more

Turkey Struggles To Calm Investors As Lira Selloff Resumes

Banking - Published date: .

(Bloomberg) --Turkey’s central bank seeks to calm investors as the nation’s assets fell before an election that wil... Read more

Mubadala Weighs Options For $10 Billion Nova Business

Banking - Published date: .

(Bloomberg) --Abu Dhabi’s Mubadala Investment Company is exploring options for Nova Chemicals, a Canadian plastics ma... Read more

Saudi Aramco Mulls $10 Billion Bond Issuance

Banking - Published date: .

(Bloomberg) --Saudi Aramco could issue its $10 billion first ever international bonds as early as next week to help fun... Read more

Indosuez Wealth Management Appoints Chief Digital Officer

Banking - Published date: .

Crédit Agricole’s Indosuez Wealth Management has appointed Romain Jérome as Chief Digital Officer, he will be repor... Read more

Emirates NBDs Liv. Launches Olivia Chatbot

Banking - Published date: .

Liv. has partnered with US-based Kasisto to introduce Olivia, Liv.’s conversational AI (artificial intelligence) base... Read more

Emirates NBD And DIFC Partner To Launch API Sandbox Programme

Banking - Published date: .

Emirates NBD has partnered with Dubai International Financial Centre FinTech Hive, to launch a new programme where they... Read more

Turkish Central Bank Tightens Stance On Weak Lira

Banking - Published date: .

(Bloomberg) –The Central Bank of Turkey (CBRT) unexpectedly tightened its monetary stance after the lira weakened, le... Read more

Shuaa Capital In Merger Talks With Abu Dhabi Financial Group

Banking - Published date: .

Dubai’s Shuaa Capital has commenced merger talks with an Abu Dhabi Financial Group (ADFG), joining a stream of merger... Read more