All Articles

Comment & Analysis

Middle Eastern Asset Management industry remains resilient during COVID-19, reaching USD 1.2trn in 2020

July 12, 2021

The disruptive nature of the COVID-19 health crisis has been unrelenting, with repercussions implicating all societal areas. Yet despite the…

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Regulation, Risk & Compliance

Sharjah Chamber, Emirates Development Bank sign MoU to support industrial & SME sector

July 12, 2021

The Sharjah Chamber of Commerce and Industry and Emirates Development Bank has  signed a Memorandum of Understanding  to foster the…

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New Investment Products & Services

QNB expands its footprint in Asia with Hong Kong branch opening

July 12, 2021

QNB Group has opened officially its branch in Hong Kong, one of the world’s prominent global financial hubs.   Commenting…

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Uncategorized

HSBC Bahrain to unveil wealth management products

July 12, 2021

HSBC is launching wealth management products and services in Bahrain this week.   The plan was revealed exclusively to the…

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Pensions

Saudi pension changes could hamper early retirement plans

July 9, 2021

Saudi authorities are mulling changes to the way pensions work in the kingdom, forcing nationals to put more money in…

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FinTech

Mauritius Commercial Bank Ltd to adopt MITECH's TRAC Collateral Management system in the Cloud

July 9, 2021

The Mauritius Commercial Bank Ltd  is adopting MITECH’s system TRAC (Trade Risk Active Control) to support a continuous and significant…

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Regulation, Risk & Compliance

Banks asked to prepare long-term NPL strategy

July 9, 2021

Banks operating in Turkey have been obliged to submit a new long-term credit strategy plan and establish a separate unit…

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Legal

Turkey central bank governor under investigation for plagiarism

July 9, 2021

Turkey's central bank governor Şahap Kavcıoğlu is under investigation for plagiarism by his former university.   Istanbul’s Marmara University is…

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FinTech

The National Bank of Bahrain (NBB): Taking it Smooth and Easy in Kingdom’s Digitalisation Drive

July 9, 2021

Established in 1957 as the Kingdom’s first locally-owned bank, the National Bank of Bahrain has stood proud as the pillar…

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Legal

Saudi's AHAB nears end of years long debt dispute

July 9, 2021

After more than 12 years of back and forth between the Algosaibi family’s conglomerate AHAB and its creditors, one of…

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Awards and Recognition

Commercial Bank of Dubai recognized with "Best Bank in Digital Loyalty" award by Union of Arab Banks

July 9, 2021

Commercial Bank of Dubai has been recognized with the “Best Bank in Digital Loyalty in UAE” Award at the Excellence…

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Hedge Funds & Alternative Investments

Abu Dhabi property firm pulls $350m sukuk

July 9, 2021

A $350 million sukuk deal from Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small…

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