Turkish Akbank named Western Europe’s 'best private banking unit' amid crisis
Turkish private lender Akbank won the award for Western Europe's "Best Private Banking Unit" in the "Excellence in Crisis: Customer…
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Water crisis could cost the Middle East 6% of GDP by 2025
Lack of adequate water management could cost the Middle East up to 6% of its GDP by 2050, according to…
Middle East Banks' Asset Quality, Earnings Pressured; Capital, Liquidity Stable
Fitch Ratings' 2021 sector outlook for Middle East (ME) banks is stable, reflecting a modest expected economic recovery. Credit…
World’s Best Digital Banks 2020: Middle East
Technology promises greater resiliency, innovation and opportunities alongside improved efficiency and customer service. But the Covid pandemic has forced…
Sovereign Contingent Liabilities in the GCC
Fitch Ratings expects government-related-entity (GRE) debt to continue to rise in the Gulf Cooperation Council (GCC) economies as governments use…
Major Gulf indexes off to mixed start
Major Gulf stock markets were mixed in early trade on Thursday with the Abu Dhabi index leading gains boosted by…
Why Gulf Finance House's stock is suddenly turning active
This week DFM closed higher by 5.26 per cent while ADX was in the black by 2.91 per cent. …
Banks could lose up to $4.7trln in cumulative revenues due to COVID-19
Banks around the world could incur cumulative revenue losses of up to $4.7 trillion between 2020 and 2024, as the…
Nutanix appoints Chief Executive Officer
Nutanix has announced that its Board of Directors has appointed Rajiv Ramaswami as President and Chief Executive Officer, effective Wednesday,…
MEIRA appoints two new board directors
The Middle East Investor Relations Association have appointed two new board directors who will support the MEIRA mission to champion…
BNY Mellon Wins Global Custodian of the Year at the Global Investor MENA Awards
BNY Mellon was named Global Custodian of the Year at the Global Investor MENA Awards 2020. The awards, in…
Emirates Islamic launches digital banking platform
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched “businessONLINE” a digital business banking platform,…