QCB key policy rate gone up 100 basis points in 2018 following Fed hike
The Qatar Central Bank had increased its key policy rate by 100 basis points (bps), or one percentage point, in…
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Former UBS banker to represent Qatar on Deutsche supervisory board – sources
Juerg Zeltner, a former UBS manager, is set to become a member of Deutsche Bank's supervisory board, two people with…
Nigerian Edmund Olotu’s TechAdvance raises $1m from Bahrain investor
Lagos-based payments infrastructure firm TechAdvance has secured $1-million in funding from Bahrain’s Lamar Holding. TechAdvance was founded in 2009…
A continuous battle for Islamic banks in the UAE
Growth in financing amongst Islamic banks in the UAE continued to fall in 2018, in line with trends of its…
DXB welcomes 41.3mln customers in H1
Dubai International welcomed 41.3 million passengers in the first half of 2019, maintaining its position as the world’s largest international…
Creating a future through sustainable financing
A mix of community awareness and public policy reform have made sustainability a focal point for international banking and the…
Why 2019 is a Crucial Year for Wealth Management
What emerges from Capgemini’s World Wealth Report is that the first steps towards the evolution of the wealth management industry…
Top 10 new DIFC initiatives for entrepreneurs so far in 2019
Discover the new regulations, laws and agreements that have made it easier for entrepreneurs to establish and do business from…
Russian robots to work in Oman’s National Bank
Banki.ru reports that the company has signed a contract on pilot project with the National Bank of Oman. The contract…
How Britons in the UAE are cashing in on the pound's plunge
The plunge in the pound since Boris Johnson was appointed British Prime Minister may be bad news for the UK,…
Abraaj’s Naqvi sentenced to prison by UAE court
Arif Naqvi, the founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three years in…
Why banks need to undergo 'bionic transformation'
Since developments in technology and regulation are disrupting the UAE banking sector, banks must quickly adapt and transform to address…