ENBD, DIFC certify 5 startups in API Sandbox program
Emirates NBD, a leading bank in the region, and financial technology accelerator DIFC FinTech Hive have become the first in…
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UAE's Finablr reports 9.1% jump in first-half adjusted income
Finablr, a UAE holding company for brands including Travelex, UAE Exchange and Xpress Money, reported a 9.1 per cent year-on-year…
NAB obtained evidence from UAE against Zardari money laundering
The National Accountability Bureau (NAB) has obtained important evidences from the United Arab Emirates (UAE) citizen who was allegedly involved…
Robust private sector credit offtake boosts Qatar bank assets
A robust double-digit growth in credit to the private sector has outpaced total loan expansion within Qatar's commercial banks at…
SMBC Selects Exiger's DDIQ as a New AI AML Tool in EMEA Region
Exiger has announced today its agreement with global financial institution Sumitomo Mitsui Banking Corporation Europe Ltd (SMBC) to leverage Exiger's…
Egypt's central bank seen cutting key interest rates
Egypt’s central bank is likely to cut its key interest rates by at least 100 basis points on Thursday, a…
Bidaya Finance wins four digital banking awards
Bidaya Home Finance, an Islamic home finance company in Saudi Arabia, has won four prestigious awards in Global Finance magazine’s…
Arabian Gulf debt issuance hits new record in second quarter
The amount of debt issued in the Arabian Gulf by governments and corporations in the second quarter of 2019 hit…
Bahrain takes "mega strides" in sustainable development
Bahrain has taken “mega strides” in its sustainable development objectives. State-held Bahrain News Agency reports that His Royal Highness…
Profits of 157 Kuwaiti listed firms grow 6% in Q2 2019
The overall profits of 157 Kuwaiti companies listed on Boursa Kuwait rose by 5.7% year-on-year during the second quarter of…
Gulf markets mixed but Saudi outperforms on banks
Saudi Arabian stocks were lifted on Monday as most of its banking shares rose amid rising oil prices, while other…
BisB's fastest customer gets loan in 1 min 44 sec
Bahrain Islamic Bank (BisB), a leading provider of integrated Sharia compliant financial solutions in Bahrain, recently honoured Manal Abdulla, the…