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Bahrain's $100m VC Fund Allocates $45m So Far

Middle East Business News - Published date: .

Al Waha Fund of Funds is aimed at boosting the start-up ecosystem and providing VC funds to support start-ups across the... Read more

Beijing Bank Said To Be In Talks To Back $20bn Saudi Fund

Middle East Business News - Published date: .

Sources say Everbright Bank Co is among parties in talks to contribute capital to a joint investment fund being set up b... Read more

Abu Dhabi Bank Appoints New CEO To Drive Growth

Middle East Business News - Published date: .

Abu Dhabi Islamic Bank has announced the appointment of Mazin Manna as its new Group CEO Read more

UAE Performance Weighs On Standard Chartered's MidEast Momentum

Middle East Business News - Published date: .

Banking giant says it saw good performance in Saudi Arabia but also highlights 'underperformance' in the UAE Read more

Federer Starts 100th Title Bid With Kohlschreiber Win In Dubai

Sports and Eneterainment - Published date: .

Second seed Federer had to deal with a tricky opponent and strong gusts at the Aviation Club in front of nearly 5,500 fa... Read more

Shareholders Of UAE's Largest Bank Approve Record $2.2bn Dividends

Middle East Business News - Published date: .

First Abu Dhabi Bank's general assembly meeting also approves plan to increase foreign ownership limit to 40% Read more

UAE Funds Said To Be In Fray For Indian Investment Firm Deal

Middle East Business News - Published date: .

Investment Corporation of Dubai and Abu Dhabi Investment Authority linked with Reliance Nippon Life Asset Management Ltd... Read more

How Bahrain Is Taking The Lead In Regulating Middle East Crypto Assets

Middle East Business News - Published date: .

Bahrain's central bank announces that it has issued 'the final rules on a range of activities relevant to crypto assets' Read more

Saudi Investor Named As Mystery Buyer Of Evening Standard Stake

Middle East Business News - Published date: .

UK reports name Sultan Mohamed Abuljadayel as man behind deal for 30% stake in London newspaper group Read more

No More Bank Mergers Expected In Saudi Arabia, Says Central Bank Governor

Middle East Business News - Published date: .

Central Bank Governor Ahmed Al-Kholifey said that deflation is unlikely in Saudi Arabia due to consumer demand and real ... Read more

Bahrain Fintech Bay To Set Up Sister Platforms In The US, Singapore

Middle East Business News - Published date: .

Exclusive: Bahrain Fintech Bay CEO Khalid Saad said that Silicon Fintech Bay will open as soon as late March Read more

Cash Is Still King In Saudi Arabia, Despite Fintech Growth

Middle East Business News - Published date: .

Non-cash transactions accounted for less than a fifth in Saudi Arabia in 2016 - well shy of the ratio of 28% target for ... Read more

MENA Sovereign Borrowing To Surge 25% In 2019

Middle East Business News - Published date: .

Sovereign long-term commercial borrowing in the region fell 38% in 2018 Read more

Abu Dhabi Investment Authority, Triton Acquire Australian Firm For $2.5bn

Middle East Business News - Published date: .

Sydney-based Brambles, best known as a provider of wooden pallets for companies to ship goods, eyes additional opportuni... Read more

Mastercard And Mada Team Up To Offer Apple Pay In Saudi Arabia

Middle East Business News - Published date: .

Brand View: Highly anticipated move heralds new era for mobile payments in the country, with National Commercial Bank an... Read more

Cryptocurrencies Will Become Part Of Daily Transactions, Say Exchange Founders

Middle East Business News - Published date: .

The founders of digital currency trading and custody platform Hayvn believe that soon consumers will have the option of ... Read more

LuLu Financial Group Targets 30% Digitisation By 2020

Middle East Business News - Published date: .

Lulu Financial Group has crossed the $10bn mark in its total transactional value in its financial sector business Read more

Loans Worth Nearly $100m Waived For Emiratis

Middle East Business News - Published date: .

13 UAE banks participated in the initiative from the Debt Settlement Fund Read more

Swiss Winner Belinda Bencic Plans Parachute Jump To Celebrate Dubai Title

Sports and Eneterainment - Published date: .

The 21-year-old Bencic last won a title in Toronto 2015 before the former world number seven's career was blighted by a ... Read more

It's All About New Ideas At Saudi Arabia's Oldest Bank

Middle East Business News - Published date: .

On the cusp of a historic merger, Saudi Arabia's oldest bank is using AI - and coffee - to reach out to a young, tech-sa... Read more