Here's how fintech is taking over the world — and what's coming next
Digital disruption is affecting every aspect of the fintech industry. Over the past five years, fintech has established itself…
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Is Brexit good news for the GCC?
Simon Penny, Her Majesty's Trade Commissioner for the Middle East, Pakistan and Afghanistan, is optimistic that the Gulf countries -…
FAB posts 2018 net profit 10pc up at $3.2bn
First Abu Dhabi Bank has posted a 10 per cent year-on-year rise in its full-year-2018 net profit, which amounted to…
Riyad bank stocks trade higher after bank announces surge in Q4 earnings, beating estimates
Shares in Saudi Arabia’s Riyad Bank rose on Thursday, as the bank reported a 38.6 percent surge in fourth quarter…
Deyaar posts 7.4pc jump in 2018 net profit
Deyaar Development, has announced a net profit of Dh140.1 million ($38.1 million) for the full year ended December 31, 2018,…
Qatar Investment Authority invests $200 mn in Airtel Africa
Bharti Airtel on Thursday said the Qatar Investment Authority (QIA) has completed the proposed investment of $200 million in Airtel…
Saudi prince’s anti-corruption sweep ends with $106B netted
Saudi Arabia’s unprecedented anti-corruption sweep that saw top princes, businessmen, military officers and officials detained at the Ritz-Carlton hotel has…
RAKBank net profits surge 13.2 per cent to Dh917.5 million
The National Bank of Ras Al Khaimah reported a net profit of Dh917.5 million for 2018, up 13.2 per cent…
SIB’s net profits up 7 per cent to Dh510 million
Sharjah Islamic Bank has recorded a net profit of Dh510.4 million for 2018, up 7 per cent compared to Dh477.7…
Online Banking & Arab Millennials: A love-hate relationship
For millennials across the Arab world, online banking is gradually replacing monthly visits to the bank. Advanced electronic payment…
12 fined Dhs1.96 million over bank scam
Twelve men who ganged up to siphon Dhs175, 000 from a policeman’s joint bank account have been jailed for 174…
Dubai Investments Park postpones Islamic bonds sale
Dubai Investments Park, a subsidiary of Dubai Investments, has postponed its planned issue of US dollar-denominated sukuk, or Islamic bonds,…