Kuwait Finance House launches open banking
Kuwait Finance House-Bahrain (KFH-Bahrain) has announced going live with advanced open banking infrastructure, which will allow it to partner with…
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Bahrain central bank issues final rules on insurance aggregators
The Central Bank of Bahrain issued final rules on insurance aggregators on August 14, calling it “a first step” for…
Fitch affirms Ras Al Khaimah at 'A'; outlook stable
Fitch Ratings has affirmed Ras Al Khaimah's (RAK) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A' with a Stable Outlook.…
Shuaa action propels DFM to Dh1b single-day trade
A move by Shuaa to increase its capital base through issuing new shares propelled the combined traded value on Dubai…
Int’l banking event to yield holistic sight: top Kuwait banker
The International Banking Conference due on September 23, 2019 is chiefly intended to yield a comprehensive view of the industry’s…
In UAE, Dubai firms poised to launch blockchain data-sharing platform by 2020
Dubai International Financial Centre (DIFC), Dubai-based Mashreq Bank and Norbloc (a DIFC-based fintech company), plan to launch the Middle East’s…
Corporates and SMEs – the banking landscape going forward
The Banking, Financial Services & Insurance (BFSI) focus group was established to bring to IBPC members the latest developments in…
Emirates NBD enhances data-driven decision making as first global bank to leverage SAP Financial Services Data Platform
Emirates NBD, has partnered with SAP, to become the first bank globally to implement SAP Financial Services Data Platform. It…
Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019
Nine private banks operating in the Egyptian market gained about EGP 14.941bn net profits during the first half (H1) of…
Bank Hapoalim Opts for Wolters Kluwer's OneSumX Software for Measuring Counterparty Credit Risk (SA-CCR)
Bank Hapoalim, one of Israel’s largest banks has selected Wolters Kluwer’s OneSumX solution for Risk Management, specifically using the software…
Understanding the state of cryptocurrency in the UAE
This year began with the UAE and the Kingdom of Saudi Arabia signing an agreement to test out cryptocurrency and…
Banks lift Saudi as most major Gulf markets rise
Saudi Arabia’s stock market rose in early trading on Monday helped by banking shares and increasing oil prices, while most…