FAB may restart talks on Bank Audi's Egypt unit
First Abu Dhabi Bank (FAB), the UAE's largest lender by assets, may restart talks to acquire the Egyptian business of…
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Consolidation of the Saudi financial sector in the post-coronavirus era
The financial sector in Saudi Arabia has four segments — banks, insurance companies, finance companies, and authorized persons. The…
Barwa Bank Group’s net profit rises by 12.5% in second quarter
Barwa Bank Group has reported a net income of QR529m for the second quarter (Q2) of this year ended June…
17 banks in Egypt report total EGP 18.565bn net profits in H1 2020
A total of 17 banks operating in the Egyptian market achieved combined net profits of about EGP 18.656bn in the…
UAE cabinet restructures Emirates Development Bank board
The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of…
Top UAE banks that adopted blockchain technology and why
The World Economic Forum (WEF) recently published a white paper analyzing learnings from more than 60 governmental and nongovernmental entities…
MEA Women in Fintech with Keren Chavkin from Israel
The Middle East and Africa (MEA) region is generally an up and coming region with respect to its wider economic…
Saudi economy shows positive results after reopening
The 15th edition of Euromoney conference was virtually launched on Thursday, 3 September 2020. In partnership with MoF and the…
The next steps taken by the Israeli fintech ecosystem might determine the entire UAE-Israel relations
The increasing interest of Israeli banks and fintech companies in UAE's financial industry and its technological progressives following the agreement…
Wealth management gets digital intervention
It would be a strong, yet a fair, claim to make that banks have had to change their business models…
Hapoalim and Leumi top execs to visit UAE
A Hapoalim delegation led by CEO Dov Kotler will visit the UAE this week and a Leumi delegation led by…
UAE Cabinet Restructures Emirates Development Bank Board
The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has…