SBP reserves dip 2.4% to stand at $9bn
The foreign exchange reserves held by the central bank declined 2.4% on a weekly basis, according to data released by…
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Kuwait Finance House Bahrain Wins Best Use of Technology in Fintech Solutions Award
Bahrain has successfully attained yet another milestone achievement, following the announcement of Global Business Outlook during the fifth edition of…
BankDhofar First in Oman to Introduce NCR’s Financial Kiosk
NCR Corporation has announced that BankDhofar, one of the fastest growing banks in the Sultanate, is the first financial institution…
DIFC FinTech Hive launches career mentorship programme, AccelerateHer
Participation from partner network 12 leading financial and insurance institutions DIFC FinTech Hive has announced the launched of AccelerateHer, a…
BBK enters new phase of innovation with Tailored service to preserve and sustain Wealth
BBK is writing the next chapter in its history of constant innovation with the launched of BBK Privé, a tailored…
Credit Suisse int'l private bank profits rise but EM stunts inflows
Credit Suisse International Wealth Management unit posted its highest profits in over three years in the first quarter but its…
Banks need to dedicate 10% of revenue to innovation, says fund manager
More bank mergers in the Gulf are likely as lenders realise that they have to dedicate increasing amounts of resources…
Alinma Bank chief honored by Top CEO in Bahrain
Alinma Bank CEO Abdulmohsen Al-Fares was recently lauded during the 5th annual Top CEO Conference & Awards 2019 in Bahrain…
Wirecard relied on three opaque partners for almost all its profit
Half of the worldwide revenue and almost all of the reported profits of Wirecard, the German payments group that is…
Arab Banking Conference Sheds Lights on Importance of Economic Diversification
Lebanese Prime Minister Saad Al-Hariri has stressed that his country needs to carry out the necessary reforms for the benefit…
Saradar Bank and Eurisko Mobility Release Lebanon's First Bank Account Digital Onboarding Journey
As part of its intensive digital transformation journey, Saradar Bank wanted to pioneer the Lebanese market by introducing a fully…
Saudi General Investment Authority Launches Venture Capital Platform
The Saudi Arabian General Investment Authority launched on Wednesday VENTURE by Invest Saudi, a new initiative aimed at attracting global…