GCC banks consolidation drive to continue in 2020, says KPMG
Lenders in the GCC have been rapidly consolidating as they seek to remain competitive, KPMG said and noted the drive…
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Moody’s affirms QIIB rating at ‘A2’ with stable outlook
QIIB has announced that the credit rating agency Moody’s has affirmed the bank’s rating at ‘A2’ with a stable outlook,…
Etisalat CEO Al Abdooli resigns, Dowidar appointed acting chief
Etisalat Group announced on Wednesday the resignation of Saleh Al Abdooli as the group's Chief Executive Officer. In a…
Ready for the Digital era in Treasury ?
Amid the COVID-19 pandemic, the expanding role of the treasury function and the accelerated pace of innovation and technology, treasury…
Dubai’s ICD faces ‘adjustment’ in wake of pandemic downturn
The Investment Corporation of Dubai (ICD), the sovereign wealth fund that holds some of the emirate’s most valuable assets, is…
ABK Egypt's profit grows 22% in Q1-20
Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) reported a 22% year-on-year (YoY) growth in its net profits to EGP…
Don’t allow mismanagement to disrupt rebuilding
The handling of the coronavirus-created economic crisis has varied from one country to another, and this is based on the…
Axa partners with UAE insurtech firm on affordable protection
Insurance provider Axa has joined forces with UAE-based technology firm Democrance to improve financial inclusion and boost the development of…
Kuwait among emerging markets but some negativity seen
A report published by the ‘Global Finance’ magazine ranks Kuwait among the regions for emerging markets that enjoy investment opportunities,…
Mashreq: Contactless payments are on the rise due to COVID-19
As the world faces the challenges of the COVID-19 pandemic, trends that existed before have been exacerbated in the world…
Instant protection for your family through the QIB mobile app
Qatar Islamic Bank’s announced yesterday its Family Shield Takaful policy is designed to provide both nationals and residents financial security…
ADQ launches Dh1.1 billion venture fund
ADQ, one of the region’s largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu…