Covid-19 Will Accelerate Digital Banking, Says National Bank Of Bahrain CEO
National Bank of Bahrain CEO Jean Christophe Durand said that traditional banking branches will have little room to expa... Read more
Ex-Abraaj Exec Sev Vettivetpillai Cooperating With US Authorities, Agrees To Extradition
Abraaj founder Arif Naqvi's extradition hearing began on Monday Read more
Top Dubai Executives Earned Over AED3m Each In Salaries And Bonuses In 2019
Latest filings from DFM show payments made Read more
Emirates REIT Asks For Identity Of Traders On Suspicious Trades
In May, Emirates REIT said it found evidence of irregular trading activity by certain market participants Read more
Extradition Hearing Of Former Abraaj CEO To Start In London
US authorities want Arif Naqvi to stand trial in America on charges of fraud and money laundering Read more
Mubadala Eyeing More Tech Investments After Jio Platforms Stake
Abu Dhabi fund looking at India, China and Southeast Asia for possible investments, says CEO Khaldoon Al Mubarak Read more
UAE Shoppers Opting For Contactless Payments Over Cash Purchases
Survey from Dubai Police, Dubai Economy and Visa revealed 71% are using digital payments over cash in stores Read more
Saudi Arabian Mining Unit Signs $4.1bn Finance Deal
Maaden Waad Al Shamal Phosphate Co will refinance $2.3 billion owed to a syndicate of commercial banks and financial ins... Read more
Oman Set To Introduce 50% Tax On Sweetened Drinks
Oman will introduce a 50% levy on sweetened drinks from October 1 next. Read more
Finablr's Auditors EY Resign Over List Of 'concerns'
Non-executive directors Abdulrahman Basaddiq and Bassam Hage have also resigned Read more
Rakbank Reduces Credit Card Limit To AED5,000 As Covid-19 Bites
The bank saw a 43% drop in profit in Q1 and said the limit cap is part of its risk monitoring activity Read more
Saudi Central Bank Affirms Commitment To Currency Peg Against Dollar
Saudi Arabian Monetary Authority to maintain exchange rate at 3.75 riyals to the dollar Read more
Yallacompare Raises $4.25m From Kuwait-listed Gulf Insurance Group
Previous investors in yallacompare include STC Ventures, Wamda Capital, DSO and New York-based Argo Ventures Read more
Silver Lake Follows Facebook To Back Ambani's Reliance Jio
The Silver Lake deal is the latest in a series of fund-raising plans by chairman Mukesh Ambani, as the tycoon seeks to b... Read more
UK's Financial Reporting Council To Investigate Ernst & Young's Auditing Of NMC Health
Regular to concentrate on 2018 financial statements of troubled UAE-based healthcare provider Read more