Ex-Credit Suisse Chairman Rohner To Advise Investcorp
Investcorp has announced that Urs Rohner has been appointed as a member of its International Advisory Board (IIAB) as of…
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Banks and FinTech partnerships to bring about a paradigm shift in the future of banking industry
Digitisation has changed every sector, and the banking industry is no exception, leading several banks to reduce their physical footprint…
UAE Central Bank Sets Roadmap for CBDC Launch
The Central Bank of the United Arab Emirates has become the latest monetary regulator with an interest in issuing a…
Saudi Social Development Bank plans to boost lending
The Saudi Social Development Bank (SDB) plans to boost its lending to small businesses after providing some SR1.6 billion in…
Commercial Bank of Qatar scraps offer to acquire majority stake in National Bank of Oman
Commercial Bank of Qatar has given up on plans to raise stakes in National Bank of Oman (NBO) to controlling…
Alizz Islamic Bank strengthens 'IFIN' services in all Danube Home branches
Alizz Islamic Bank has extended 'IFIN' services for instant financing to all Danube Home branches spread in the Sultanate. …
National Bank of Fujairah, APICORP extend $34m for TotalEnergies' 50MW renewable energy project in Dubai
The National Bank of Fujairah and the Arab Petroleum Investments Corp. have extended $34 million to the French energy giant…
Dubai's Masherqbank prepares for a digital-only future
One of the oldest banks in the United Arab Emirates is preparing for a digital-only future as it fends off…
How fingertip authentication technology will transform MENA contactless payments market
The market for contactless payment cards grew exponentially over the past year, supported by ongoing hygiene concerns amid coronavirus, but…
Mobile banking company REZQ-Baraka raises $20m for expansion
Zurich Capital Funds Holding (ZCFH) has marked the beginning of an exciting new chapter in its ongoing journey towards expanding…
UAE to issue its own 'Govcoin' digital currency amid crypto rise in region
The Central Bank of the United Arab Emirates (CBUAE) has announced that it is to issue its own digital currency…
Buy the Inflation Dips
• US bond market rally reflects technicals and not a material change in the inflation view • The Treasury uses…