The worst effects of the liquidity crunch that hit the Saudi banking sector in 2016 have passed, following a drive by authorities to inject and support system liquidity, according to Fitch Ratings.
“The banks came through the period largely unscathed, with liquidity coverage ratios...
Saudi Arabian Airlines (Saudia) launched its first direct flight on Thursday from Jeddah to Port Sudan, making it the fifth direct international destination added by the air carrier since last year.
In 2016, Saudia added Maldives, Ankara, Algeria and Munich to its direct flight...
Sharjah is poised to send a large trade delegation to Italy, at a time when the country is the UAE’s third largest European trade partner and shows a growing potential for expansion in real estate, food, fashion and innovative start-ups. Led by Sharjah FDI Office (Invest in Sharjah) –...
DAMAC Properties, a leading luxury real estate developer in the region, has completed more than 180 million safe man hours across all of its projects in Dubai – a significant milestone that demonstrates the company’s unwavering commitment to the highest safety standards whilst achieving ...
Acelity L.P. Inc., a leading global advanced wound care company, today announced that it has named R. Andrew Eckert as President and Chief Executive Officer. Eckert succeeds Joseph Woody, who is leaving Acelity following the successful divestiture of the company’s LifeCell division earlier...
the leading data and analytics company, today announced several enhancements to the Teradata Customer Journey solution that will give marketers easier access to analytics, dynamic visualizations, machine learning and predictive simulations. Most companies struggle to understand their...
These days many youth look at starting-up their own businesses as their alternative way to economic opportunity, and achieving prosperity for themselves and their communities. In order to succeed in this challenging journey, young people need the right tools to translate their ideas into successful ...
The Annual Middle East Retail Banking Confex successfully concluded its 12th edition today at The Le Meridien Hotel Dubai. The event hosted more than 200 delegates from leading Regional, International Retail Banks, Fintech companies and service providers, coming together to deliberate on the...
Investment industry is at an existential crossroads, CFA Institute said in a study revealed Tuesday titled “The Future State of the Investment Profession”.
The study warns that investment industry leaders who fail to transform their business models may jeopardize the future of their...
Author: Monzer Tohme, regional vice president, Middle East & Africa, Epicor Software
No business can grow unless the people behind the organisation are focused on achieving growth. As new markets expand and globalisation becomes the norm, growth opportunities can become limited and ...