Qatar to launch energy-focused Islamic bank with $10 billion capital
Qatar will launch an energy-focused Islamic lender later this year with a targeted capital of $10 billion to finance both…
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Egypt sets up US$57-million FinTech start-up fund
FinTech start-ups in Egypt could soon have access to 1 billion Egyptian pounds (approximately US$57-million) after the country's government set…
BNY Mellon Debuts Service to Evaluate Environmental, Social and Governance Factors in Investment Performance
BNY Mellon has announced the launch of a range of reporting tools that will enable clients to track their portfolio…
CSCEC wins contract to build rail network in UAE
Etihad Rail, the developer and operator of the United Arab Emirates national railway, has awarded a major contract to a…
UAE financial adviser consolidation gathering pace
Consolidation across the UAE’s financial advice industry is set to gather momentum due to regulatory changes, the pressure from investment…
Kuwaitis' flats can be rented to expat bachelors
The head of the committee formed to follow up the phenomenon of bachelors living in private residential areas, says there…
Top UAE Bankers Affirm Continued Support For Debt Settlement Bank Initiative
Top UAE bankers have affirmed their continued cooperation with the Debt Settlement Fund Initiative, aimed at easing debt burden for…
Saudi Arabia takes first step into foreign equity benchmarks
Saudi Arabia’s $536bn stock market took its first step into the world’s main equity benchmarks on Monday when it was…
Global investors eye bigger slice of Chinese bond market
Almost a third of fixed income investors plan to increase their exposure to China’s bond market over the next three…
Bahrain invites Indian fintech firms to set up base
The Bahrain Economic Development Board is inviting Indian firms . by providing "a plethora of opportunities to Indian fintech firms…
Gulf Bank partners with Dell to drive regional innovations
Gulf Bank, yesterday announced their strategic agreement with Dell Technologies for a digitally transformative project. Taking significant steps towards…
Bitcoin ATM arrives in Dubai: Here's how to buy digital currency
A digital kiosk, or an ATM machine, has been installed to buy Bitcoins in Dubai, the first-of-its-kind project in the…