Big changes ahead for the Saudi office market in 2021 post-COVID
The slowdown in the Kingdom’s real estate sector as a result of the coronavirus pandemic will see a backlog of…
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NCB plans name change to 'Saudi National Bank' after conclusion of intended merger with Samba
National Commercial Bank has plans to change its name to ‘Saudi National Bank’* after conclusion of its intended merger with…
Kuwait's Agility invests $35mln in Queen's Gambit Growth Capital
Agility, a global logistics provider, announced that it has invested $35 million in Queen’s Gambit Growth Capital(GMBTU), a blank-check company…
NBK and Ooredoo Ink a MoU to Collectively Provide Digital Services and Solutions
National Bank of Kuwait and Ooredoo Telecom - Kuwait, the first telecom company to provide innovative digital services in Kuwait,…
10 UAE Banks feature in ranking of world's top 500 most valuable
10 Emirati banks feature in Brand Finance Banking 500 2021 ranking, with cumulative brand value of US$13.7 billion Emirates NBD…
Egypt's state National Investment Bank slashes yields on certificates
Egypt's state-owned National Investment Bank slashed yields on its investment certificates by up to 3.75% over the weekend, bankers said…
11 UAE banks fined Dh45 million for breaking anti-money laundering rules
The UAE Central Bank has imposed financial sanctions of over Dh45.75 million on 11 banks for violating anti-money laundering (AML)…
DFin Holding launches Egypt’s pioneering FinTech platform for tech-based financial services and announces establishment of the first Venture Debt Fund in the Region
Digital Finance Holding has announced the launch of its FinTech platform focusing on building and financing the next generation of…
Sukuk changes Egypt’s financing methods, expected to surpass EGP 20bn in 2021
Sayed Abdel-Fadil, Head of the Capital Market Operations Sector at the Financial Regulatory Authority (FRA), has reviewed the developments of…
Middle East sets eyes on the global market
The growing investment appetite in the Middle East caused a rapid growth in the MENA region’s foreign exchange industry pushing…
Central Bank of Bahrain : CBB announces launch of eKYC as part of digital transformation strategy (January 30th, 2021)
Following the announcement of the national digital identity and the electronic Know-Your-Customer platform in April 2019, the Central Bank of…
Bank Muscat ties up with AXA Insurance to offer high-quality SME insurance
In line with its vision ‘To serve you better, every day’ and its commitment to national development and financial inclusion,…