Middle East Business News

National Bank Of Bahrain Ramps Up Operations In UAE, Saudi Arabia

The bank has doubled its staff numbers in Riyadh and is recruiting people to its Abu Dhabi branch Read more

National Bank Of Bahrain Ramps Up Operations In UAE, Saudi Arabia

The bank has doubled its staff numbers in Riyadh and is recruiting people to its Abu Dhabi branch Read more

Dubai Lending Platform Secures New Funding For Expansion Plan

Beehive says it has won a further $4m to help drive GCC and South East Asia expansion Read more

Dubai Lending Platform Secures New Funding For Expansion Plan

Beehive says it has won a further $4m to help drive GCC and South East Asia expansion Read more

UAE Bank Hires Former StanChart Senior Exec As New CEO

United Arab Bank has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO Read more

UAE Bank Hires Former StanChart Senior Exec As New CEO

United Arab Bank has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO Read more

DIFC Regulator To Strengthen Corporate Oversight In Wake Of Abraaj Collapse

Dubai Financial Services Authority CEO Bryan Stirewalt said it will re its approach to supervision after an exhaustive i... Read more

DIFC Regulator To Strengthen Corporate Oversight In Wake Of Abraaj Collapse

Dubai Financial Services Authority CEO Bryan Stirewalt said it will re its approach to supervision after an exhaustive i... Read more

Kuwait Finance House Using Robotic Assistant For Loan Applications

Kuwait Finance House's robotic assistant will handle customer loan applications and will autonomously create credit repo... Read more

Alaskan Quant Fund Sees Profit In Frontier Markets Near Upgrades

Stocks from Kuwait currently comprise about 22% of the MSCI Frontier Markets Index, the highest weighting of any country Read more

Kuwait Said To Be Planning $10bn Fund With China

Sources say Gulf state is discussing the creation of a Kuwait-China Silk Road Fund that would invest in projects related... Read more

Saudi Banking Giant Picks Temenos For Digital Transformation

Al Rajhi Bank, the world's largest Islamic bank, appoints software firm to drive digital solutions Read more

Abu Dhabi Investment Authority Starts Distressed Assets Fund In India

Abu Dhabi Investment Authority is partnering with Kotak Investment Advisors to target non-performing loan opportunities ... Read more

Bahrain's Mumtalakat Open To McLaren IPO, Despite Brexit Uncertainty

Mumtalakat's Mahmood Al Kooheji said turning a profit at Gulf Air isn't a priority Read more

Standard Chartered Gets Approval To Open Branch In Saudi

The 150-year-old lender has been operating in the kingdom through Standard Chartered Capital Saudi Arabia since 2009 Read more