Female leaders in UAE eager to make a positive change
Making the world a better place is top of the agenda for female business leaders in the UAE – more…
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Qatari banks defy pandemic's impact on 2020 earnings
The combined results of the eight Qatari banks remained strong despite the impact of COVID-19 on operating conditions and rise…
Dubai's Damac Properties to raise stake in overseas subsidiary to 45% from 20%
Damac Properties’ plans to seek a higher profile in overseas markets has gotten a boost, with the Dubai developer raising…
UAE's first independent digital banking platform launches
The first independent digital banking platform in the United Arab Emirates launched on Sunday, a neobank hoping to become a…
Saudi banks’ assets surge to $738bln in 2020
Assets of Saudi banks listed on the Saudi Stock Exchange (Tadawul) increased by 13.1% on an annual basis in 2020…
UAE banks expect revival in credit demand from Q1 2021
UAE banks expect to see an increase in credit demand in the first quarter of 2021 according to the fourth…
Investcorp names private wealth head for Bahrain, Kuwait
Investcorp has announced the appointment of Mohammed Al Sada as the new head of Bahrain and Kuwait for the group's…
UAE Takes a Stand Against Illicit Finance
The UAE Higher Committee Overseeing the National Strategy on Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) has…
Saudi lender Arab National Bank announces $160mln dividend
Arab National Bank, Saudi Arabia’s seventh-largest lender by assets, has announced the distribution of 600 million riyals ($160 million) in…
Sabbour Consulting wins bid for development in Upper Egypt
Construction management services for the Greene Avenue real estate development project in New Sohag have been awarded to national firm…
Importance of seeking arbitration
Islamic finance is growing fast all over. The spread of Islamic banking is reaching high percentage, as revealed in studies.…
Open Banking: the opportunities and the risks
The objective of Open Banking is to drive financial services innovation. Where previously banks only allowed their customers to…