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...
(Bloomberg) — Limitless LLC asked banks to delay debt repayments for a third time as an on-going slump in property prices weighs on the Dubai-based developer, people...
(Bloomberg) — Abu Dhabi Commercial Bank PJSC, which completed a three-way merger earlier this year, may cut about 2,000 jobs as the lenders integrate operations, people with...
Sohar International’s cardholders can now avail a range of services at Burjeel Hospital apropos of a Memorandum of Understanding (MoU) that was signed by the bank...
(Bloomberg) — Emirates NBD received a key regulatory approval taking Dubai’s biggest lender a step closer to completing its purchase of Turkey’s Denizbank, two people with...
HSBC picked up four awards at Euromoney’s annual marquee awards for the Middle East in Dubai. The award categories were: Middle East’s Best Bank for Transaction...
