Turkey’s emerging market status may face downgrade
Turkey’s main share index may be downgraded by a top international index compiler in what would be a blow to…
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Egyptian fintech fund Disruptech leverages rising e-financial services industry
As the popularity of cashless transactions continues to grow amid the COVID-19 pandemic, a new fund that exclusively targets fintech…
Egypt's CBE requires banks to notify customers when removed from blacklists
The Central Bank of Egypt has issued new instructions, requiring banks to notify their customers when procedures are taken to…
Saudi lenders NCB and Samba are in early merger talks – sources
National Commercial Bank, Saudi Arabia's biggest lender, said on Thursday it had signed an initial agreement with smaller lender Samba…
UAE firm opens window for NRIs to buy digital gold asset
US-based Blockfills and US Gold Currency have partnered with UAE financial consultancy firm IBMC Financial Professionals Group to bring the…
Merger was a smooth affair: Barwa Bank Chairman
Barwa Bank held yesterday its Ordinary General Assembly and approved all the agenda of the meeting, including the Board's recommendation…
How the UAE financial sector is adapting to a post-pandemic world
In Dubai Future Foundation’s recent Life After COVID-19: Financial Technologies report, it said that the cornoavirus, “is an important opportunity…
ila Bank Bahrain launches new savings solution
Ila Bank, Bahrain’s fast growing digital, mobile – only bank, has launched “Hassala” to empower customers to save towards their…
Bank Muscat honoured for Channel Innovation at Infosys Finacle Client Innovation Awards
Bank Muscat, the flagship financial services provider in the sultanate, has been recognised as a winner at the Infosys Finacle…
Anxious Lebanese turn to property amid banking crisis
The Lebanese real estate sector has witnessed a spike in activity in the past three months despite an economic crisis…
Nasdaq Dubai welcomes listing of $500 million sukuk by SIB
Nasdaq Dubai welcomed the listing of a 500 million US dollar sukuk by Sharjah Islamic Bank (SIB) The capital raised…
Abu Dhabi's Hub 71 takes a closer look at SME issues
Hub71 in Abu Dhabi is collaborated with Mashreq Bank and First Abu Dhabi Bank, to help identify and solve issues…