Ripple remittance apps launch in Korea, Kuwait
Coinone Transfer, a subsidiary of major Korean cryptocurrency exchange Coinone, has joined RippleNet and is using Ripple’s cross-border payment solution…
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Tough draw for Banks and Financial Institutions League
The draw of the 4th Banks and Financial Institutions League was held yesterday at Rotana City Center Hotel and revealed…
More changes to UAE residency laws expected, says Al Mulla
Further changes to the UAE’s residency law are expected in the coming year, as the UAE cabinet begins the implementation…
QNB revamps payments systems with Infosys Finacle
Qatar National Bank has implemented Infosys’ Finacle Payments Hub as part of the bank’s digital transformation strategy. QNB operates…
How the UAE rose to the top in global rankings
The UAE has become synonymous with endless and unrivalled achievements at all levels, not only by Arab, Gulf or regional…
Saudi plans to build leisure complex in Riyadh
Saudi Arabia announced plans on Wednesday to build an entertainment complex in the capital Riyadh, the latest in a series…
Dubai Bank Wins Right to Swap Abraaj Debt for Fund Stakes
Noor Bank PJSC, which provided a $100 million loan to the collapsed Abraaj Group, won the right to swap the…
Doha Bank retains top spot in ESG rankings of listed firms in Qatar
Doha Bank, one of the largest private commercial banks in Qatar, has retained the top rating for the second year…
Rally in UAE bourses fizzle in first trading day of 2019
The rally seen on Dubai and Abu Dhabi indices on the final trading day of last year fizzled on Wednesday…
Women hold $53bn in bank deposits in Saudi Arabia
Women hold 20 per cent of funds held in Saudi banks, worth more than $53 billion. “Women benefit from…
MCB Bank partners with Bank Al Jazira
MCB Bank has entered into an agreement with leading Saudi financial institution Bank Al Jazira for the facilitation of remittances…
Saudis Seek Advisers for Major Bank Merger
National Commercial Bank and Riyad Bank are seeking advisers for a potential merger that would create the Gulf region’s third-biggest…