News & Views
ICAEW: GCC growth faces mounting challengesAccording to a new ICAEW report, weaker oil prices present a serious challenge to the growth outlook for the GCC region, which was already facing economic concerns, however, serious...
10th CFO Strategies Forum MENA recognises women in finaNaseba’s 10th CFO Strategies Forum MENA saw the launch of a new award to celebrate the contributions made by female finance professionals to successful businesses in the Middle East...
Al Naboodah Group Enterprises announces new CEOPaul O'Flaherty has recently rejoined the Saeed & Mohammed Al Naboodah Group, as the CEO for Al Naboodah Group Enterprises.
IFM, ECT and CEC partner to boost Islamic finance sectoThe Institute of Finance and Management (IFM has entered into a strategic partnership with the Emirates College of Technology’s (ECT) and Continuous Education Centre (CEC), an Abu Dhabi-based private...
Al Hilal Global Sukuk Fund delivers 1.78% dividendAl Hilal Bank announced the dividend payout of its flagship fund, the Al Hilal Global Sukuk Fund.
MoF, WBG and IMF discuss financial sustainability in MEOn the sidelines of the recently held World Government Summit, the Ministry of Finance (MoF) organised a meeting under the theme ‘The Current Status of the Economic and Financial...
KPMG launches ‘Variables for Sustained Growth’ indeKPMG has ranked the UAE as a leader on its recently launched variables for sustained growth (VSG) index.
UAE Exchange completes implementation of SAP BPCImplemented by SAP gold partner, MDS ap, the project is aimed at unifying planning, budgeting and consolidation of UAE Exchange’s globally distributed branches and business entities.
Deutsche Bank expands equity research team in DubaiDeutsche Bank recently announced the expansion of its equity research operation and adds three equity analysts mainly focusing on Emerging Markets Equity Research in its DIFC office.
S&P predicts Saudi banks to face a difficult yearStandard and Poor’s recently highlighted that it foresees increasingly difficult operating conditions for Saudi banks over the next two years, due to pressure on government spending and the...
MasterCard approves Gemalto for complete CBP solutionMasterCard recently approved Gemalto for a complete Cloud-Based Payment (CBP) solution. The recent certification encompasses Gemalto’s CBP server platforms as well as the payment software running on cardholders’ mobile...
Mashreq appoints new Head of International Banking GrouMashreq has announced the appointment of Jan-Willem Sudmann as its new Head of International Banking Group.
NBAD commits $10 billion to finance sustainable businesNational Bank of Abu Dhabi (NBAD) has committed to lend, invest and facilitate a total of $10 billion of financing within the next 10 years to projects focussed on...
FGB launches customisable ‘Accelerator’ programmeFGB recently launched a new relationship ecosystem called ‘Accelerator’. According to the company, this customer centric offering takes into account customer’s everyday choices and preferences for using banking products...
Dana Gas appoints new CFODana Gas has appointed Chris Hearne as the Chief Financial Officer of the company.
ICAEW: Accountancy profession must take advantage of teAccording to ICAEW’s new report 'Providing Leadership in a Digital World,' digital technology is transforming industries, economies and societies, increasingly affecting the accountancy profession.
UAE banks to see earnings decline in 2016Standard & Poor's said it expects negative earnings growth for banks in the United Arab Emirates in 2016 and a lacklustre performance in 2017, in the report published recently,...
ICAEW, PwC strengthens finance and accounting sector inAccountancy body ICAEW and PwC’s Academy have launched their newly developed accounting and finance course, the ICAEW Accounting Skills Certificate (ASC), in Qatar.
CGMA report urges CFOs to transform their rolesThe Digital Finance Imperative, new research from Chartered Global Management Accountant (CGMA), found that CFOs in Europe the Middle East and Africa (EMEA) can apply the discipline of management...
Menacorp ranks first on DFM in 2015According to official data published by the Dubai Financial Market (DFM) on 3rd January 2016, Menacorp is the number one securities brokerage firm by trading value and market share...
