Customers lead the digital banking transformation
Mashreq launched its fully digital bank, Neo, in 2017. Its head, Sridhar Iyer says that there were three important reasons…
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Korean Banks Feared to Lose Money as UAE Firm Goes Bust
NMC Health, the largest private company in the United Arab Emirates (UAE) which received US$120 million in syndicated loans arranged…
Egypt’s new banking law comes into force after Al-Sisi’s ratification
Egypt’s new Banking Law has officially come into effect, following its ratification by President Abdel Fattah Al-Sisi and subsequent publication…
UAE's market leading property developer Aldar, upbeat about real estate market recovery
The COVID-19 pandemic has sent ripples through global real estate markets. According to property advisory & investment firm, Jones…
Why GCC banks and fintech startups must realign their interests for greater good
The use of technology to facilitate financial offerings, commonly known as fintech (financial technology), has been around for a while,…
QETF is a bigger opportunity for investors, says Doha Bank CEO
Qatar has distinguished itself from other markets by offering investors “a good number of opportunities” in the lead up to…
UAE national banks’ total assets reached Dhs2.8 trillion in July
The total value of national banks’ assets rose by around 0.7 per cent on a monthly basis in July to…
Italian group Intesa Sanpaolo increases stake in Bank of Alexandria to 80%
The Bank of Alexandria has said its Italian majority owner, the Intesa Sanpaolo banking group, has re-acquired shares previously owned…
Saudi Arabia's Arbah Capital buys US portfolio
Arbah Capital has acquired a $43 million diversified portfolio of five US industrial assets in partnership with Brennan Investment Group…
Sidra Capital's Mutajara USD Fund continues to show strong performance
Sidra Capital’s US dollar-denominated Mutajara Fund has been successfully achieving its targets and is on course to deliver returns in…
DIFC FinTech Hive rolls out AccelerateHer programme to back women in finance sector
Dubai International Financial Centre’s FinTech Hive, the region's first and largest financial technology accelerator, has begun the second edition of…
Abu Dhabi Global Market proposes electronic transactions regulations
The Abu Dhabi Global Market has proposed introducing regulations for electronic signatures, records and contracts. The proposed legislation (9…