All Articles

Comment & Analysis

Fintech Adoption: Over 80% of Middle East Consumers Say they’re Willing to Use Financial Technology Apps

June 24, 2020

Over 80% of banking customers in the Middle East say they’re ready or willing to use Fintech apps, however, many…

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Coronavirus

Investments in telecom and health systems pay dividends as KSA eyes economic turnaround

June 24, 2020

The key part that sustained investments in Saudi Arabia’s digital infrastructure have played in helping to successfully contain the spread…

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Comment & Analysis

Banks keen to engage with FinTech projects

June 24, 2020

The Fintech ecosystem is fast evolving in the region. Banks are keen to engage with FinTechs in a broad range…

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Awards and Recognition

Al Salam Bank-Bahrain tops key performance indicator rankings for GCC banking sector

June 24, 2020

Al Salam Bank-Bahrain has achieved the highest reduction in non-performing financing  amongst fifty five GCC listed banks in 2019, according…

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Comment & Analysis

Kuwait is facing a dilemma over Future Generations Fund

June 24, 2020

Kuwait is yet to see a consensus build up over whether it should be using its Future Generations Fund to…

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Regulation, Risk & Compliance

Commercial Bank Dubai and Thunes partner to offer real-time international remittances

June 24, 2020

Commercial Bank of Dubai and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction flows…

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Awards and Recognition

QIIB bags top certificate in protection of banking cards’ data for 5th year

June 24, 2020

For the fifth consecutive year, QIIB has been awarded the “highest certificate in the protection of banking cards data” also…

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Comment & Analysis

Dubai Islamic Bank sells $300mln in 2026 sukuk reopening, document shows

June 24, 2020

 Dubai Islamic Bank  has sold $300 million in a reopening of its existing sukuk issuance maturing in 2026, a document…

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Comment & Analysis

UAE banks' profits to be hit by lower interest rates, high impairments in 2020

June 24, 2020

The UAE banks' profitability will come under pressure in 2020 due to lower interest rates, non-interest income and high loan…

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Hedge Funds & Alternative Investments

Abu Dhabi wins $10bn FDI in gas pipeline deal

June 24, 2020

Dhabi, capital of the UAE, has pulled off a large foreign direct investment  deal with a transaction to sell a…

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Comment & Analysis

Dubai's Emirates NBD begins new round of job cuts -sources

June 24, 2020

Emirates NBD, Dubai’s largest bank, began cutting hundreds of jobs this week after the impact of the coronavirus crisis accelerated…

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FinTech

Citrix announces back-to-office solution

June 23, 2020

As governments around the world ease their lockdowns, businesses must decide how, when and if to return their employees to…

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