Kuwait Financial House (KFH) Touts the Use of Ripple’s Payment Solution
A recent report revealed that the Kuwait Financial House is touting the use of Ripple’s payment solution, alongside SWIFT for…
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Abu Dhabi Islamic Bank in secondary market blockchain trade finance deal using TradeAssets
Yesterday, the Abu Dhabi Islamic Bank announced it completed a secondary market transaction using blockchain trade finance platform TradeAssets. …
Managers of Wealth Appreciates Its Advertisers
We’d like to express gratitude to our fantastic sponsors here at Managers of Wealth. Appleby Global Avaloq Bahamas Financial Services…
Legal challenge seen in rush to cut pay in Kuwait
Among supporters and opponents of the idea of reducing salaries and benefits for senior officials in private sector as a…
Islamic finance charts high-tech future
"Is it halal to buy shares in Tesla?" a young Muslim would-be investor asks on Twitter. Islamic finance --…
Insurance brokers in UAE offered capital relief
Mid-size insurance brokers in the UAE have been offered some capital relief after the Insurance Authority amended its rules to…
FinTech unicorn TransferWise comes to the UAE
TransferWise, a global low-cost digital money transfer service, is now operating in the UAE, six months after receiving its license…
How to make digital meetings feel like face-to-face
For some people, dealing with their investments will be the last thing on their mind right now. Yet we…
A perfect storm for Middle East oil importing countries: IMF
The outbreak of COVID-19 across the region is turning out to be a perfect storm for oil importing countries of…
UAE's ADCB files criminal complaint against NMC officials
Abu Dhabi Commercial Bank, a key lender to NMC, has initiated criminal legal proceeding with the Attorney General in Abu…
Saudi Arabia starts selling three-part bonds
Saudi Arabia started marketing on Wednesday a three-part dollar bond deal, a document showed, as the world’s biggest oil exporter…
QIB posts 3-month profit of QR687.5mn
Qatar Islamic Bank has reported net profit of QR687.5mn for the first three months ended March 2020 and said its…