(Bloomberg) — First Abu Dhabi Bank’s board proposed removing the foreign ownership limit after the United Arab Emirates started loosening rules to attract international investors. The shares...
(Bloomberg) — Emirates NBD’s first-half profit jumped 49% as Dubai’s biggest bank benefited from the sale of a stake in its card payments processing unit. Net income...
Starting from this month and running through the end of July-2020, Sohar International cardholders are entitled to get 25% off the cost of V-Kool’s Window Tints...
Bank Nizwa, Oman’s leading Islamic Bank, took part in the 2nd Salalah International Islamic Finance Conference. The annual event, held under the patronage of His Excellency...
Oman Arab Bank (OAB) signed an MoU with Majan University College (MUC) for the implementation of an e-Payment Gateway System. The new gateway will facilitate the...
Oman Arab Bank (OAB) and Innovation Development Oman (IDO Investments), have signed a Memorandum of Understanding (MoU) in order to identify and explore potential opportunities for...
(Bloomberg) — Barclays is cutting about 20% of jobs in its wealth management business in Dubai, according to people with knowledge of the matter. Read: Middle East Markets...
– Strategic appointments and promotions focus on digital transformation and innovation – Aims to develop and support the succession of Emirati talent, in line with UAE’s...
The Central Bank of the UAE (CBUAE) publishes its 2018 Financial Stability Report (FSR). The FSR provides relevant information, financial data, and stability assessments related to...
(Bloomberg) — Deutsche Bank AG unveiled a radical overhaul that will see the lender exit its equities business, post a 2.8 billion-euro ($3.1 billion) second-quarter loss and...
