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KIB joins Visa Ready as the first Bank in Kuwait for Fintech Enablement
Kuwait
Kuwait International Bank (KIB), a Sharia-compliant Kuwaiti Bank, announced today that it has joined the Visa Ready for Fintech Enablement program in an effort...
Qatar Financial Markets Authority issues a Resolution to Establish a Single Window Committee for the Capital Market
Qatar
The Qatar Financial Markets Authority issued a resolution to establish a “Single Window Committee for the Capital Market” with the goal of reducing time...
UzOman invests in ZOOD
Oman/Uzbekistan
UzOman (Uzbek Oman Investment Company), a joint investment venture between Sovereign Wealth Funds Oman Investment Authority (OIA) and the Uzbek Fund for Reconstruction...
Halal Economy Thrives as Product Demand from Muslims and non-Muslim Nations Surges
Saudi Arabia
Frost & Sullivan's recent analysis, Global Halal Economy Growth Opportunities, finds that the halal economy is experiencing an upward trend as the...
World of Statistics List Reveals 15% of Kuwaitis as Millionaires
Kuwait
In a recent report by the World of Statistics, Switzerland has emerged as the global leader in terms of the proportion of millionaires in...
UAE Announces Creation of New Ministry to Boost Investment and Economic Development
UAE
In a move to bolster the UAE’s investment climate and counter increasing competition in the financial and tourism sectors, the Prime Minister of the...