(Bloomberg) — Saudi Arabia is considering plans to increase an Islamic tax paid by local banks to as much as 20 percent, or double the current...
Mashreq Bank has launched a strategic initiative for talent development, Mashreq ACE. Mashreq ACE, which stands for Advanced Certificate in Excellence, is a talent development platform...
National Commercial Bank hired JPMorgan Chase & Co. to advise on its proposed merger with Riyad Bank that would create the Gulf’s third-largest lender with $182...
Bahrain, once a Gulf finance hub, favors further consolidation among its banks, according to a top official and the head of a leading lender. The takeover...
Emirates NBD held its 12th General Assembly Meeting at the Bank’s Headquarters. At the General Assembly Meeting, a review of the year ended 31 December 2018...
Bahrain, once the Middle East’s hub for financial industries, is attempting to regain its footing by allowing companies using cryptocurrency to work in the country on...
Deutsche Bank AG aims to rebuild in the Middle East after years of cost cutting and has hired executives to help win debt and advisory deals....
Societe Generale SA (SocGen) sees more opportunities in Saudi Arabia as the kingdom seeks to diversify its economy away from oil, the bank’s chief executive officer...
A federal lender in the United Arab Emirates (UAE) will be the first to utilize the country’s newly effective debt law by selling its first bond...
Deutsche Bank AG may cut bonuses if its revenue fails to grow, Chief Financial Officer James von Moltke said on Monday. Variable compensation is one of...
