Oman banking sector continued to witness reasonable growth and supported the economic diversification initiatives by meeting the credit needs of all segments in the economy. The...
(Bloomberg) — Abu Dhabi’s Mubadala Development Co. is reviving plans to sell Falcon Private Bank in Switzerland as it seeks to distance itself from the 1MDB money...
(Bloomberg) — Saudi Arabia set out new rules for the calculation of an Islamic tax on banks that’ll result in them paying between 10 percent to...
An Abu Dhabi-controlled investment fund has halted new business with Goldman Sachs Group Inc., adding to the growing fallout for the U.S. bank from its role...
Oman Arab Bank (OAB) held the graduation ceremony of the second batch of its ‘Leadership Enhancement And Development’ (LEAD) programme, on Tuesday at Bait Al Zubair...
Stocks in Saudi Arabia climbed the most among Middle Eastern equity markets on Sunday, boosted by banking shares, after the government said it has no plans...
The Central Bank of Oman (CBO) has signed a Memorandum of Understanding (MoU) with Qatar Financial Center Regulatory Authority (QFCRA), aimed at sharing experiences and strengthening cooperation...
Ahli Bank SAOG signed a facility agreement for a RO 45 million Term Loan Facility with Majis Industrial Services (Majis), a Government of Oman owned company,...
(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...
