National Bank of Umm Al Qaiwain seems to have seen off worst of COVID-19 impact
The DFM gained 1.66 per cent and ADX closed higher by 1.15 per cent in the week ended March 4.…
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Al Salam Bank Bahrain waives financing fees for vaccinated customers
Al Salam Bank Bahrain has launched a new campaign in support of national efforts to mitigate the spread of Covid-19…
Saudi Arabia's Monshaat launches SME Bank
Saudi Arabia's General Authority for Small and Medium Enterprises (Monshaat) has launched the Small and Medium Enterprises Bank as one…
ESG investing and digital in focus at HSBC Middle East capital markets forum
The next stage of capital markets development across the Middle East, North Africa and Turkey (MENAT) will likely be driven…
Commercial Bank successfully issues $500mn PNC5 AT1
Commercial Bank successfully priced its inaugural international $500mn PNC5 AT1 issuance at a yield of 4.50%. This is the largest…
Saudi Arabia plans to move real estate transactions onto digital platform
A planned digital platform will allow properties to be bought and sold in Saudi Arabia, Saudi Minister of Justice, Walid…
Rami Beracha to Launch Pioneering Dubai Investment Fund
Israeli investor and entrepreneur Rami Beracha is on his way to opening a new investment fund in the United Arab…
Saudi Arabia dominates MENA IPO market in 2020
Saudi Arabia continued to lead the initial public offering (IPO) market in the Middle East and North Africa (MENA) region…
Long-standing ADIB board member quits post
Abu Dhabi Islamic Bank (ADIB) has announced the resignation of a long-standing board member. In a statement to the…
FinTech and digital transformation headline at the 10th Annual Middle East Banking Summit
The 10th Annual Middle East Banking Innovation Summit explored the world of banking technology and digital transformation. The two-day event…
Kamco Invest reports KWD15mn fee income, KWD2.7mn losses in 2020
Kamco Invest announced its financial results for FY 2020 ended 31 December 2020. The Company reported a net loss of…
Finastra reveals corporate bank priorities for 2025
Research from Finastra, unveiled at its flagship (virtual) industry event – Finastra Universe – shows changing priorities for corporate banks…