Infosys deploys its Finacle Digital Engagement Hub for RAKBANK
RAKBANK, also known as the National Bank of Ras Al Khaimah, is one of the oldest banks in the UAE,…
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Dubai regulator sets up unit to assess digital and financial risk
Dubai’s financial regulator will establish a dedicated unit to study cyber risks faced by the growing number of companies at…
Invest Bank shareholders approve Sharjah's majority stake – sources
Shareholders of Sharjah-based Invest Bank have approved a proposal to let the government of Sharjah own more than a 50…
Turkey to inject $4.9bn into ailing banks as part of economy reform package
Turkey's finance minister Berat Albayrak has promised to strengthen public banks by injecting fresh capital into them and taking non-performing…
Network listing provides profitable exit for early backers
Network International provides payment services for digital commerce in the Middle East and Africa and the flotation is designed to…
Bank Muscat Wins Best Private Bank Award fromm Global Finance
Bank Muscat Private, the sultanate’s premier banking service targeted at exclusive high net-worth individuals has won the prestigious ‘Best Private…
Bahrain's Investcorp keen on Bangladesh
Bahrain-based private equity and venture capital firm Investcorp is set to invest in Bangladesh as the country's striking economic growth…
Mashreq joins Startupbootcamp FinTech Dubai to develop the regional FinTech ecosystem.
Dubai-based Mashreq bank joined the Startupbootcamp FinTech program in Dubai, a program designed to identify and nurture some of the…
HSBC appoints new CEO for Middle East region
Global banker HSBC has appointed Martin Tricaud as its new CEO for the Middle East, North Africa and Turkey region.…
FCA backs adviser's pension transfer intervention
Dubai’s financial services regulator took “appropriate” measures against collapsed private equity company Abraaj Group, but communication was lacking and there…
Embracing innovation
FinTech will radically improve the financial health of the people of the Gulf region through access to next-generation banking services,…
Confronting a new era with mergers
From Dubai’s Burj Khalifa to Kuwait’s Al Hamra Tower, oil-rich Gulf economies built up their skylines in a hurry in…