Commercial Bank of Dubai partners with Al Fardan Exchange to promote eDirham Cards
Commercial Bank of Dubai has entered into a partnership with Al Fardan Exchange to be a channel partner for issuing…
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FAB is region's safest bank in 2020 – Global Finance
Global Finance has announced its 29th annual ranking of the World’s 50 Safest Banks for this year. The UAE's…
Banque du Caire obtains CBE license for POS
State-owned Banque du Caire has received a license from the Central Bank of Egypt (CBE) to operate Point of Sale…
Boubyan Bank records operating profits ended September 2020
Boubyan Bank has announced KD 70 million in operating profits for the nine months ended September 2020, despite the exceptional…
Apex Appointed by Lorax Capital Partners for LCP Fund II
Apex Group Ltd., has been appointed as fund administrator to provide fund administration and corporate services to LCP Fund II. …
Arab world’s lone growth outpost lures debt investors back
Foreign debt investors have flocked back to Egypt, reversing billions of dollars of outflows in spring sparked by the coronavirus…
EY: MENA finance leaders agree that accelerating digital transformation is key to implementing agile finance operating models
According to the EY MENA Financial Accounting Advisory Services survey report, ‘As CFOs safeguard now, how can they reframe beyond?,…
Standard Chartered Named Best Renminbi Bank In The UAE For The Second Consecutive Year
Standard Chartered has been named the ‘Best Renminbi Bank’ in The UAE for the second year in a row by…
Saudi's Al Rajhi Bank reports 3% drop in third-quarter profit
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 3% drop in third-quarter net profit on Sunday, but…
Saudi Arabia's STC hires banks for IPO of subsidiary -sources
Saudi Telecom Co has hired banks to arrange a potential initial sale of shares in its products and services development…
Dubai logistics sector is key focus of emirate's new $136m support package
Logistics companies operating in Dubai are set to benefit from renewed financial support from the government after Sheikh Mohammed bin…
QDB launches "KHOTWA" programme to support retirees projects
Qatar Development Bank, in co-operation with the General Retirement and Social Insurance Authority launched the 5th edition of "KHOTWA" programme,…