Tag: gcc
KIB joins Visa Ready as the first Bank in Kuwait for Fintech Enablement
KuwaitKuwait 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
QatarThe 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/UzbekistanUzOman (Uzbek Oman Investment Company), a joint investment venture between Sovereign Wealth Funds Oman Investment Authority (OIA) and the Uzbek Fund for Reconstruction...
World of Statistics List Reveals 15% of Kuwaitis as Millionaires
KuwaitIn 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
UAEIn a move to bolster the UAE’s investment climate and counter increasing competition in the financial and tourism sectors, the Prime Minister of the...
Islamic Coin ($ISLM) Launched, Providing Halal Cryptocurrency for the Global Muslim Population
UAEAccording to a report from Arabian Business, the public launch of the new token took place in May. $ISLM operated on the Haqq blockchain,...