Turkish state banks handed lead role to boost economy
Turkey unveiled its most expansive programme of credit incentives in four years to help the economy recover from the coronavirus…
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Al Salam Bank Bahrain launches virtual branch
Al Salam Bank-Bahrain (has announced the launch of its virtual branch, aimed at providing customers with safer, faster and more…
Life insurance top priority for UAE residents after Covid-19
Life insurance is the top financial priority for almost 50 per cent of people living in the UAE in the…
Bank assets in Abu Dhabi, Dubai hit $788bln in April
Gross assets of banks operating in Abu Dhabi and Dubai have risen to around AED2.897 trillion ($788 billion), by the…
Our increasingly digital world means that organisations are facing a new generation of cyber-physical threats
Beyond cybersecurity When we hear the terms “security” and “IT” together, we often think of cybersecurity first. After all,…
Allocations to EMD surge, driven by EMEA and APAC investors
Allocations to Emerging Markets Debt (EMD) and ESGrelated bonds are on the rise. An estimated 72 percent of investors have…
Women’s wealth in Middle East to rise 9% by 2023 – report
Wealth managers across the Middle East should personalise their approaches to meet specific needs of individual customers notwithstanding their gender,…
Curbing money laundering
RECENT regulatory penalties by the Office of Financial Asset Control of the United States, Financial Conduct Authority of the United…
Sharjah hires banks for $1bn sukuk sale
The emirate of Sharjah hired banks to raise as much as $1bn from international debt markets, joining wealthier Gulf states…
Saudi Arabia PIF’s $40bn boost aimed at post-pandemic profit
The Public Investment Fund (PIF), Saudi Arabia’s ambitious sovereign wealth fund, is seeking to use the extra $40 billion it…
Natixis opens investment banking office in Saudi Arabia
French investment bank Natixis has opened a corporate and investment banking office in Saudi Arabia’s capital Riyadh and appointed former…
UAE’s financial markets need more depth
The lack of depth and coverage of regional debt and equity markets is well known and documented. We have puny…