Tag: gcc

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IsDB and Saudi Ministry of Communications & Information Technology Team Up to Drive Digital Transformation

Saudi Arabia The Islamic Development Bank (IsDB) and Saudi Arabia's Ministry of Communications and Information Technology (MCIT) convened in Riyadh to explore potential collaboration on...

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...

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...