National Bank of Bahrain goes live with Backbase-built digital banking platform
National Bank of Bahrain has announced the launch of its new digital banking platform, built in partnership with banking technology…
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Fintech startup Personetics lands $75M to make banking more personal
Personetics, an Israeli startup developing personalization and customer engagement solutions for banks and financial services, secured $75 million in growth…
JustUs to open digital gateway for Middle East investors
Moneybrain – the sister company of peer-to-peer lender JustUs – is set to open a new digital gateway that will…
Qatar fintechs offer innovative solutions to customers
Innovative and cutting-edge fintech ideas by startups and entrepreneurs in Qatar are playing a key role in cementing Qatar’s position…
Qatar regulator launches platform to monitor human understanding of financial crime
Financial services professionals in Qatar can now measure their understanding of how to prevent financial crimes through an online platform,…
Abu Dhabi's ADQ lines up banks for $1 bln Louis Dreyfus acquisition loan – sources
Abu Dhabi's state-owned ADQ haslined up a small group of banks for a loan of about $1 billionto back its…
Emirates NBD and MetLife form strategic partnership
Emirates NBD and MetLife have announced a strategic partnership to provide insurance products and solutions to the bank's extensive wealth,…
Dubai Islamic Bank’s net profit drops 38% in 2020 due to increased provisions
Dubai Islamic Bank (DIB) on Tuesday announced its 2020 financial results which revealed a 38 percent slump in net profits.…
KPMG: Mergers & acquisitions to gain pace in Insurance Sector in 2021
Saudi Arabia’s insurance industry closed the financial year 2020 on a high note, as a result of the cumulation of…
U.A.E.’s Residential Market Shows More Signs of Recovery
More signs point to a rebound in the United Arab Emirates real estate market, following a major disruption to home…
Saudi Arabia’s Raqamyah raises $2.3m in funding
Riyadh-based peer-to-peer lending platform Raqamyah has raised $2.3 million from its latest funding drive, with investors including Impact46, Vision Ventures,…
Leading restructuring consulting firms ramping up in Gulf
Specialist restructuring consulting firms are currently beefing up their numbers in the Middle East – in anticipation of widespread business…