All Articles

Comment & Analysis

Saudi Arabia 2021 budget expansionary; renews focus on healthcare, tourism: analysts

December 20, 2020

Saudi Arabia’s 2021 budget is estimated to be expansionary as government-controlled funds are expected to compensate for previous budget cuts…

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Comment & Analysis

Are sceptics wrong at panning Bitcoin that hit a record $24,000 high?

December 20, 2020

Bitcoin hit an all-time high at noon on Saturday, surpassing $24,000 briefly, in its dizzying rally that has seen it…

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Hedge Funds & Alternative Investments

Construction begins on Kuwait’s Boubyan Bank HQ

December 18, 2020

Construction activities have started on Kuwait’s next “landmark development” - the Boubyan Bank headquarters, which was celebrated during a grounding…

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FinTech

Mambu opens new office in the United Arab Emirates (UAE)

December 18, 2020

Cloud banking platform, Mambu, announced the opening of its new office in the emirate of Abu Dhabi, as the United…

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Hedge Funds & Alternative Investments

Turkey's Isbank prepares to issue $5 bln of debt to foreign investors

December 18, 2020

Turkey's Isbank said its board of directors decided to start the process for the issuance of debt securities in the…

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Hedge Funds & Alternative Investments

Signs of cracks for Dubai’s property sector in 2020, before a 2021 reprieve

December 18, 2020

The tell-tell signs of stress are present in Dubai’s building and construction sector affecting property sales and inflating material prices,…

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Regulation, Risk & Compliance

Abraham Accords tie Israel and UAE banks and wealth together

December 18, 2020

It has been a tough, but illuminating, year. Banks have been tested and, in the main, not found wanting.  …

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FinTech

Finverity teams up with Abu Dhabi Global Market

December 18, 2020

● SMEs account for only 5% of total bank lending in the UAE   ● SMEs key to the growth…

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Hedge Funds & Alternative Investments

EBRD liquidity support for Jordan District Energy

December 18, 2020

EBRD emergency liquidity of JOD 1.5 million to Jordan District Energy Facility to cover daily expenses and liquidity of private…

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Islamic Finance

Campaign to boycott UAE bank over ties to Israel

December 18, 2020

Activists on Wednesday launched an online campaign to boycott the Abu Dhabi Islamic Bank (ADIB) over its cooperation with Israel's…

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FinTech

UAE: new regulations for stored value facilities and cryptoassets

December 18, 2020

The United Arab Emirates has continued its development of the regulatory environment for fintech firms with the issuance of new…

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New Investment Products & Services

PwC opens office at Dubai's Emaar Square, fourth in UAE

December 18, 2020

PwC Middle East’s new office in downtown Dubai is a six-storey, state-of-the-art facility with an open plan and flexible working…

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