Abu Dhabi Islamic Bank Q2 2019 net profit up 10 per cent
Abu Dhabi Islamic Bank posted a net profit of AED 630.1 million in Q2 2019, a 10 per cent increase…
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Turkey plans to move central bank, treasury units to Istanbul
Turkey plans to commence transferring some units of its central bank and Treasury to Istanbul from the capital Ankara by…
Bank ABC employs biometrics from Jumio to streamline digital onboarding
Bank ABC, the Bahrain-based bank which serves customers on five continents, covering countries in the Middle East, North Africa, Europe,…
DLD launches integrated system for real estate governance
Dubai Land Department through its regulatory arm Real Estate Regulatory Authority launched a first-of-its-kind electronic system titled ‘Mollak’ that incorporates…
Dubai International Financial Centre boosts UAE financial sector development; reports significant growth during first half of 2019
Dubai International Financial Centre has reinforced its contribution to the UAE’s economy and its commitment to driving the future of…
Dubai and India to enhance financial collaboration
Dubai International Financial Centre has undertaken a successful mission to the state of Maharashtra, India. The delegation was led…
KFH opens its third digital self-banking station KFH-Go in Al-Mangaf Co-op
Kuwait Finance House has inaugurated its third digital self- banking station KFH-Go in Al-Mangaf Co-op. This state-of-the-art e-branch is unmanned…
GCC and Egypt Economic Outlook Hinges on Continued Reforms NBK Research
The GCC and Egypt’s economic growth and public finances improved in 2018 amid higher oil prices, infrastructure development, diversification programs…
Abu Dhabi Commercial Bank reports first half 2019 pro-forma net profit
Abu Dhabi Commercial Bank has reported its half-year financial results for 2019. The results below are based on the…
Pakistan's $500mln syndicated financing attracts 40% oversubscription
Pakistan successfully concluded its US$ 500 Million Syndicated Term Loan and Murabaha Financing Facility on July 25th 2019. The…
Etihad Credit Insurance partners with Chinese financial institutions
Etihad Credit Insurance (ECI), had signed three strategic Memoranda of Understanding, MoUs, with China Export and Credit Insurance Corporation, SINOSURE,…
16,700 millionaires to transfer $572 billion in Middle East
Around 16,700 millionaires will pass on their wealth to the next generation in the Middle East, which is estimated to…