Top 10 UAE banks’ profits shrunk 40% in 2020: A&M
The aggregate net profit of the top 10 UAE banks declined by 38.3 per cent year on year in 2020,…
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Pandemic to stall UAE banks' recovery in early 2021 – A&M
The pandemic will continue to affect profitability for banks in the United Arabia Emirates (UAE) in the early quarters of…
Suez Canal Bank selects Temenos core package
Temenos has announced Suez Canal Bank has selected Temenos Infinity to transform the digital customer experience for its retail and…
United Arab Emirates attracts corporate billions to climb tax haven ranking
The United Arab Emirates, a magnet for the globe’s ultra-rich, has also emerged as one of the fastest-growing corporate tax…
Al Salam Bank Bahrain wins JP Morgan quality award 2020
Al Salam Bank – Bahrain (Al Salam Bank) said it has been awarded the JP Morgan 2020 STP Recognition Award…
UAE-based neobank YAP debuts country's first independent digital banking platform
Dubai-based fintech YAP has launched the first independent digital banking platform in the UAE. YAP does not have a…
MID Bank launches new brand in Egyptian market
ID Bank has launched its new brand in the Egyptian market under the slogan “Empowering Your Future”. Chairperson and…
Seven essentials to digital transformation in banking
Digitalisation is top of the agenda for banks across the world, although implementing a successful transformation has its challenges. Cedar…
AI in the UAE: Falling short of expectations despite huge business, educational potential
The vast majority of organizations in the wider EMEA region, including the UAE, are still at the early stages of…
QCB in process of issuing security controls applicable to fintechs
The Qatar Central Bank is in the process of issuing information security controls that will be applicable to all the…
Barwa eyes development of land stock to boost revenues in 2021
Barwa Real Estate Company is keen to increase revenues via a “balanced mix of operational projects,” which meet the needs…
Robo-advisors: the future of wealth management
Artificial intelligence is disrupting the financial industry at large. Investment advisory and wealth management are experiencing this disruption the most.…