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FinTech

Fintech Co-operation between the Hong Kong Monetary Authority and the Central Bank of the United Arab Emirates

February 23, 2021

The Hong Kong Monetary Authority and the Central Bank of the United Arab Emirates have jointly announced today (23 February…

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Comment & Analysis

Two faces of Covid-19 impact

February 23, 2021

The COVID-19 pandemic is an unprecedented global health crisis. The impact of the pandemic is visible in many realms like…

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FinTech

Saudi-based fintech Tweeq signs partnership deals with Mastercard and Paymentology

February 23, 2021

Tweeq has signed exclusive partnership agreements with Mastercard, the leading technology company in the global payments industry and Paymentology, a…

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Regulation, Risk & Compliance

Kuwait requests ability to withdraw from sovereign wealth fund

February 23, 2021

Kuwait's cabinet has submitted draft legislation to parliament that would allow the government to withdraw up to 5 billion dinars…

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Hedge Funds & Alternative Investments

Saudi Inflation Still Fueled by VAT Hike, Central Bank Says

February 23, 2021

Saudi inflation is expected to rise during the first quarter compared to the same period the previous year due to…

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FinTech

National Bank of Bahrain Partners with Backbase to Launch New Digital Banking Platform

February 23, 2021

NBB’s new digital banking experience taps Backbase’s Engagement Banking platform – a comprehensive suite of pre-built technology solutions allowing institutions…

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FinTech

QCB planning to launch regulatory sandbox for entities to test fintech solutions

February 23, 2021

The Qatar Central Bank  is planning to launch its regulatory sandbox this year, which offers a safe and controlled space…

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Uncategorized

UAE wealth firm unveils female-only adviser division

February 23, 2021

Advice company Finsbury Associates has launched a division which aims to support and empower women with financial planning.   Unity…

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Hedge Funds & Alternative Investments

Emirati property investment firm unveils 12-year visa

February 23, 2021

UAE-based real estate investment company Al Hamra has rolled out its ‘Live & Work’ initiative in the emirate of Ras…

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Executive Moves

HSBC appoints new CEO for the Middle East region

February 23, 2021

HSBC Plc. on Monday announced the appointment of Stephen Moss, the CEO of Middle East North Africa and Turkey  region.…

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Comment & Analysis

Saudi Arabia’s financial regulatory authority refers five suspects to Public Prosecution

February 23, 2021

Saudi Arabia’s financial regulatory authority said it has referred five suspects to the Public Prosecution accused of engaging in “manipulative…

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Comment & Analysis

Al Baraka Islamic bank announces financial results for the year ended 31 December 2020

February 23, 2021

Al Baraka Islamic Bank has reported net profit attributable to the shareholders of BD 1.23 million in the fourth quarter…

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