NBK-Egypt launches new corporate banking solution
The NBK was founded in 1952 as the first indigenous bank and the first joint-stock company in Kuwait and the…
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Bank of Cairo announces new expansion step on the continent
Bank of Cairo is planning to expand part of its activities in Africa and the Middle East, according to local…
World’s first digital Islamic bank launched
The Zurich Capital Funds Group has announces the launch of a digital Islamic bank compatible with Islamic law, which provides…
Crypto payments banned in Turkey — Is this just the beginning?
Buying something with Bitcoin (BTC) in Turkey will soon be illegal, and the topic of crypto payments has become a…
Dubai's Emirates NBD Group’s first quarter 2021 net profit at Dh2.32b, gaining 12%
Emirates NBD Group reported net profits of Dh2.32 billion for the first quarter, a 12 per cent year-on-year gain and…
Faisal Bank of Egypt’s business volume rises
The business volume of Faisal Islamic Bank of Egypt (FAIT) levelled up 11.2% Year on Year (YoY) to EGP 120.454…
Abu Dhabi's G42 forms big data JV with Israeli defence company Rafael
Abu Dhabi-based technology company Group 42 (G42) has formed a joint venture with Israel's state-owned Rafael Advanced Defense Systems to…
UAE hits its digital stride in KYC and blockchain
The UAE was already a fintech pioneer but Covid turned it into a leader. Banks and government agencies are furiously…
UAE overhauls tax penalty regime for businesses
The UAE's cabinet has made key changes to its penalty regime for tax violations, to help taxable businesses that are…
Dubai's new super-luxury office tower ICD-Brookfield at DIFC is winning tenants slow and steady
ICD-Brookfield has had to ride Dubai's economic roller-coaster since opening the largest standalone office tower last September when the worst…
Egypt offers treasury bonds worth $1.05bn
The Central Bank of Egypt has issued treasury bonds worth EGP 16.5 billion ($1.05 billion), as part of efforts to…
Saudi Arabia’s key role in fight against climate change
Climate change is the big long-term issue of the post-pandemic world, and this weekend we will all be better placed…