All Articles

Regulation, Risk & Compliance

Lebanon's Blom Bank enters new talks to sell Egypt business to ABC Bahrain

December 2, 2020

Lebanon's Blom Bank on Wednesday announced that it has entered into exclusive discussions with Arab Banking Corporation (Bahrain) to potentially…

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Executive Moves

Northern Trust Hires Head of Fiduciary for its Global Family Office and Private Investment Office Group

December 2, 2020

Northern Trust has named Paul Rogers as head of fiduciary for its Global Family Office group for Europe, Middle East…

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FinTech

DIFC Fintech Hive Signs Landmark Agreement with Israel’s Fintech-Aviv

December 2, 2020

DIFC FinTech Hive, the largest financial technology hub in the Middle East, Africa and South Asia (MEASA) region, part of…

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Comment & Analysis

Digitisation wave set to continue in UAE banking

December 2, 2020

Covid-19 and the resulting lockdowns and social distancing measures have spurred rapid adoption of digital banking — a trend that…

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Awards and Recognition

Commercial Bank of Dubai Recognized with Best Commercial Bank and Best Digital Transformation Awards by MEA Finance

December 2, 2020

Commercial Bank of Dubai, one of the leading banks in the UAE, has won the "Best Commercial Bank" award and…

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Comment & Analysis

Saudi central bank governor expects more competition, growth in fintech

December 2, 2020

The Saudi Central Bank (SAMA) expects more competition and growth in the new sectors such as financial technology (fintech), as…

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Hedge Funds & Alternative Investments

The UAE Recalibrates its Foreign Direct Investment Framework with 100% Foreign Ownership and Other Landmark Changes to its Commercial Companies Law

December 2, 2020

On November 25, 2020, the UAE Royal Cabinet announced the issuance of a new decree (the "2020 FDI Decree") amending…

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Hedge Funds & Alternative Investments

QDB chief underscores Qatar’s ‘robust entrepreneurial sector’, ‘competitive business climate’

December 2, 2020

Backed by the “relentless efforts” of Qatar Development Bank’s  and relevant national institutions, Qatar has continued to build a strong…

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FinTech

Digital Incubation Centre participates in QDB’s investment forum

December 2, 2020

The Digital Incubation Centre  at the Ministry of Transport and Communications participated in the ‘3rd QDB Investment Forum’ organised virtually…

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Hedge Funds & Alternative Investments

QFC is ideal entryway for US firms to access Qatar innovation ecosystem: Al-Jaida

December 2, 2020

Qatar offers a range of new business expansion and innovation opportunities to companies from around the world, especially those from…

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Hedge Funds & Alternative Investments

Lebanon central bank can keep subsidies for only two more months, says governor

December 2, 2020

Lebanon's central bank can keep basic subsidies for only two more months and the state should come up with a…

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Fraud & Ethics

UAE Sets Up Special Courts to Combat Money Laundering

December 2, 2020

The UAE has set up a series of special federal courts to tackle the issue of money laundering, as part…

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