RBS expects capital boost from Saudi bank merger
Royal Bank of Scotland Group PLC said Monday that the completed merger of Alawwal Bank (1040.SA) and Saudi British Bank…
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Volante Technologies launches SEPA instant payments as a service on Microsoft Azure for RT1 and TIPS
Volante Technologies has announced that it is providing end-to-end SEPA (Single Euro Payments Area) instant payments processing as an on-demand…
QIB bags three global awards
The Banker Magazine has named QIB the 'Best Islamic Bank Middle East, 'Best Islamic Bank Qatar, and 'Best Islamic Bank…
Al Baraka Banking Group & Eazy financial Services inks MoU
Al Baraka Banking Group have signed a Memorandum of Understanding paving the way to conduct a feasibility study for deploying…
UAE enhances cooperation with Cyprus and Belgium
Obaid Humaid Al Tayer, Minister of State for Financial Affairs, met with his counterpart Harris Georgiades, Minister of Finance of…
EIBank names Imad Bou Khouzam Interim CEO
Emirates Investment Bank pjsc (“EIBank”), an independent private bank based in the UAE (DFM: EIBank), announced today the appointment of…
Egypt's parliament considering banking system draft law
According to Egyptian parliamentarians who spoke with Al-Monitor, the Egyptian parliament is currently considering the Central Bank of Egypt draft…
UAE Convicts Alleged 1MDB Co-Conspirators: Report
Two individuals accused of playing prominent roles in the sprawling 1Malaysia Development Bhd. scandal have been convicted of financial crimes…
Leading Israeli Bank in the US Strengthens Ties and Opportunities at Home
Executives at Israel Discount Bank – the largest Israeli-owned bank in the United States – are now reconnecting to the…
Is artificial intelligence the new oil for the UAE?
Overhyped, misunderstood, mass surveillance, end of humanity, no more jobs, loss of control – these are just a few of…
How Lebanon Will Dodge Its Looming Debt Crisis
The economic outlook for Lebanon is not nearly as bad as some would have you believe. And that presents…
Three Abraaj Executives Charged in U.S. Fraud Investigation
Three additional former executives of The Abraaj Group were charged in New York in a fraud investigation into the firm’s…