Growth of Islamic finance in numbers globally, in Saudi, and the UAE
Islamic finance (IF) is a way of doing financial transactions and banking while respecting Islamic law or sharia. IF is…
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Moody’s reconfirms long-term deposit rating of QIB at ‘A1’ with a ‘stable’ outlook
Global credit rating agency Moody’s has reconfirmed the long-term deposit rating of Qatar Islamic Bank at ‘A1’, with a “stable”…
Why GCC bank profits will remain under stress despite Q3 revival?
The Gulf’s banking sector continued to report lower profits in the third quarter of 2020 according to reported data from…
MEEZA appoints Eng. Ahmad Abdulla Al Muslemani as CEO
In line with its strategy for scaling its operations and business across the Qatari market and beyond, the MEEZA Board…
Turkey Dismantles Another Key Policy to Cool Lending Boom
Turkey took a further step toward mainstream economic management by abolishing a rule that compelled lenders to extend credit and…
Ithmaar Bank stresses digital brand protection
Ithmaar Bank, a Bahrain-based Islamic retail bank, has announced that it has commissioned CTM360, a best-in-class Digital Risk Protection solution,…
Turkey’s economy expected to grow 4.8% year-on-year in Q3
Turkey’s economy is expected to have grown 4.8% year-on-year in the third quarter of 2020, as expectations turned positive after…
Revealed: Why UAE residents prefer Islamic banks over conventional banks for loans
Islamic banks in the UAE continue to lead their conventional peers for personal finance products such as loan, auto and…
Abu Dhabi’s Mubadala seeks Israeli tech, investment partners
Abu Dhabi state investor Mubadala plans to identify potential fund partners in Israel and find high-growth technology firms in which…
QFC unveils policy statement on licensing new global law firms
The Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has unveiled a new policy…
Bank CEOs welcome TESS extension by CBUAE
H.E. Abdulhamid M. Saeed Alahmadi, Governor of the Central Bank of the UAE, met yesterday with CEOs of all banks…
Bank ABC's 4th MEA Fintech Forum highlights the trust of Financial Services Leaders in Digital as the recovery path for future banking
The 4th MEA Fintech Forum, hosted by Bank ABC, MENA’s has concludes on a defining note as financial services executives,…