All Articles

Awards and Recognition

Qatar- Commercial Bank bags 'Excellence in Leadership in the Middle East' Award 2020 from Euromoney

July 22, 2020

Commercial Bank has received the 'Excellence in Leadership in the Middle East Award 2020 from Euromoney for its response to…

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Regulation, Risk & Compliance

Emirates NBD raises foreign ownership limit to 40%

July 22, 2020

Emirates NBD shares shot up 5.91 per cent on Tuesday, with the bank confirming foreign ownership limit has been increased…

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Investment Banking

BNY Mellon gets green light on new Saudi Arabia office

July 22, 2020

BNY Mellon has received authorisation from the Saudi Arabia Capital Market Authority board of commissioners to conduct custody activities in…

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Executive Moves

Lebanon calls in trio of leading management consulting firms

July 22, 2020

The Lebanese government has hired a trio of leading management consulting firms to audit the country’s embattled central bank.   …

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Comment & Analysis

Loans worth $537mln approved for SMEs – Central Bank of Jordan

July 22, 2020

The Central Bank of Jordan, since the onset of the pandemic until July 16, has approved 3,942 loan requests at…

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FinTech

IslamicMarkets.com and DDCAP strengthen collaboration with second round of strategic investment

July 22, 2020

IslamicMarkets Limited  has secured a second round of strategic investment from DDCAP GroupTM, thus further aligning the two companies’ vision…

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Comment & Analysis

MUFG expects 2021 recovery in the MENA region

July 22, 2020

An MUFG MENA Economic roundtable suggested that the COVID-19 pandemic, combined with the oil price shock of the first half…

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Hedge Funds & Alternative Investments

QSE looking at dual listing of ETFs on Nasdaq

July 22, 2020

The Qatar Stock Exchange (QSE) is contemplating dual listing of the exchange traded funds (ETFs) on Nasdaq, a move that…

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FinTech

Scams and fraudsters on the rise, UAE central bank warns

July 22, 2020

Scammers are back and targeting hapless UAE consumers during a time of heightened uncertainty, according to the UAE Central Bank.…

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Regulation, Risk & Compliance

Lebanon contracts Alvarez & Marsal to do forensic audit

July 22, 2020

Lebanon’s government agreed on Tuesday to hire a New York-based company to conduct a forensic audit of the country’s central…

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Comment & Analysis

NBE, Banque Misr support Egypt's Health Ministry by LE 60M to counter COVID-19

July 22, 2020

The Egyptian Ministry of Health and Population signed a cooperation protocol with the National Bank of Egypt and Banque Misr…

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Comment & Analysis

Banque Misr increases CI Capital stake to 10.16% with EGP 115m investment

July 22, 2020

Banque Misr raised its stake in CI Capital Holding for Financial Investments on Tuesday from 7.3% to 10.16%, buying 28.643m…

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