All Articles

FinTech

Fintech startup Personetics lands $75M to make banking more personal

February 18, 2021

Personetics, an Israeli startup developing personalization and customer engagement solutions for banks and financial services, secured $75 million in growth…

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FinTech

JustUs to open digital gateway for Middle East investors

February 17, 2021

Moneybrain – the sister company of peer-to-peer lender JustUs – is set to open a new digital gateway that will…

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FinTech

Qatar fintechs offer innovative solutions to customers

February 17, 2021

Innovative and cutting-edge fintech ideas by startups and entrepreneurs in Qatar are playing a key role in cementing Qatar’s position…

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FinTech

Qatar regulator launches platform to monitor human understanding of financial crime

February 17, 2021

Financial services professionals in Qatar can now measure their understanding of how to prevent financial crimes through an online platform,…

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Comment & Analysis

Abu Dhabi's ADQ lines up banks for $1 bln Louis Dreyfus acquisition loan – sources

February 17, 2021

Abu Dhabi's state-owned ADQ haslined up a small group of banks for a loan of about $1 billionto back its…

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Hedge Funds & Alternative Investments

Emirates NBD and MetLife form strategic partnership

February 17, 2021

Emirates NBD and MetLife have announced a strategic partnership to provide insurance products and solutions to the bank's extensive wealth,…

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Financial Results

Dubai Islamic Bank’s net profit drops 38% in 2020 due to increased provisions

February 17, 2021

Dubai Islamic Bank (DIB) on Tuesday announced its 2020 financial results which revealed a 38 percent slump in net profits.…

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Comment & Analysis

KPMG: Mergers & acquisitions to gain pace in Insurance Sector in 2021

February 17, 2021

Saudi Arabia’s insurance industry closed the financial year 2020 on a high note, as a result of the cumulation of…

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Comment & Analysis

U.A.E.’s Residential Market Shows More Signs of Recovery

February 17, 2021

More signs point to a rebound in the United Arab Emirates real estate market, following a major disruption to home…

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Comment & Analysis

Saudi Arabia’s Raqamyah raises $2.3m in funding

February 17, 2021

Riyadh-based peer-to-peer lending platform Raqamyah has raised $2.3 million from its latest funding drive, with investors including Impact46, Vision Ventures,…

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Hedge Funds & Alternative Investments

Leading restructuring consulting firms ramping up in Gulf

February 17, 2021

Specialist restructuring consulting firms are currently beefing up their numbers in the Middle East – in anticipation of widespread business…

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Hedge Funds & Alternative Investments

Global companies to be rewarded for setting up in KSA: Officials

February 17, 2021

Saudi Arabia’s decision to stop signing contracts with foreign companies from 2024 unless their regional headquarters are based here will…

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