Sunday 25 August 2019

NBB launches new financial restructuring division

The National Bank of Bahrain (NBB) said that it has launched a new financial restructuring business within the bank as part of its ongoing diversification and efforts to step up its participation and support for the local and regional markets. Heading the new division as chief ex


ENBD, DIFC certify 5 startups in API Sandbox program

Emirates NBD, a leading bank in the region, and financial technology accelerator DIFC FinTech Hive have become the first in the region to certify FinTech startups that have used the Emirates NBD’s API (Application Programming Interface) Sandbox to create and demonstrate working innovative


Tally Solutions hosts summit on VAT in Bahrain

Tally Solutions, a leading international accounting and compliance software provider, recently hosted a summit on value-added tax (VAT) in Bahrain as part of its ongoing efforts to raise awareness of businesses on the new taxation system in the country. The ‘Bahrain VAT Sum


BisB's fastest customer gets loan in 1 min 44 sec

Bahrain Islamic Bank (BisB), a leading provider of integrated Sharia compliant financial solutions in Bahrain, recently honoured Manal Abdulla, the fastest Top-Up customer of the bank.   Manal Abdulla took only 1 minute and 44 seconds to top up her finance onlin


New property tax rules ‘will hit renting non-UK firms’

The latest set of changes which come in to force on April 6, 2020 will impact on non-UK companies which own and rent out residential and non-residential properties in the UK, say leading accounting and tax advisory firm Blick Rothenberg. The firm’s head of Corporate Tax, Ge


ENBD steps up data-driven service with SAP solution

Emirates NBD (ENBD), a leading bank in the Middle East, has partnered with SAP, a market leader in enterprise software, to become the first bank globally to implement SAP Financial Services Data Platform. It is powered by SAP in-memory data platform, SAP HANA and can now deliver


BSA to host Gulf Executive Leaders’ Support Forum

Bahrain Secretary Association has announced that the second edition of Gulf Executive Leaders’ Support Forum in cooperation with co-organizers Worksmart for Events Management. The event aims to support and enhance the executive and administrative professionals with career d


ICAEW adds 4 members to Mideast panel of experts

ICAEW - the Institute of Chartered Accountants in England & Wales - has recently welcomed four leaders of the UAE’s finance industry to its Corporate Finance Faculty (CFF) Middle East panel of experts. The new members will deepen the knowledge of the group as ICAEW work


Now Health appoints managing director for MEA

Now Health International Group, leading international private medical insurance (IPMI) provider, has appointed Michel Faucher as managing director Middle East & Africa (MEA) and chief commercial officer. This newly created role forms part of the company’s continued inve


Saudi peer-to-peer funding platform signs with SRB

Saudi Arabia-based Raqamyah, a leading peer-to-peer funding platform, has announced the assignment of Shariyah Review Bureau, to manage the Sharia compliance affairs of its crowd-funding technology. Ammar Bakheet, founding partner and chief executive officer of Raqamyah, said: &l

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