UAE’s Noor Bank sees benefit of trade finance blockchain
Yesterday Noor Bank unveiled a new report that outlines the potential of blockchain to transform trade finance in the UAE. …
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CBK issues KD 150m bonds, tawarruq
The Central Bank of Kuwait (CBK) announced Monday the most recent issues of CBK bonds and related tawarruq at a…
Arab National Bank named best retail bank in Kingdom
World Finance, the London-based financial and banking industry magazine, has named Arab National Bank “Best Retail Bank in Saudi Arabia,…
GCC economic growth seen gaining momentum in 2019
GCC countries are expected to see a pick-up in economic growth in 2018 and 2019, according to the latest forecasts…
QFC chief underscores ‘significant growth areas’ in Islamic finance
Financial Centre (QFC), according to QFC CEO Yousuf Mohamed al-Jaida, who also cited potential partnerships with Muslim countries, particularly in…
QIB selects Volante Technologies’ PSD2 Open Banking solution
Volante Technologies has announced that Qatar Islamic Bank UK plc (QIB) has selected VolPay Channel: Open Banking and Token to…
Saudi Arabia’s measures to fight money laundering and the financing of terrorism and proliferation
The Kingdom of Saudi Arabia is achieving good results in fighting terrorist financing, but needs to focus more on pursuing…
SSGA appoints head of SPDR business in EMA
State Street Global Advisors, the asset management arm of State Street Corporation (STT), has appointed Matteo Andreetto as senior managing…
Kuwait International Bank appoints new Vice Chairman and CEO
KIB recently appointed Raed Jawad Bukhamseen as Vice Chairman and Chief Executive Officer of the Bank, after obtaining the necessary…
Arab National Bank ‘Best Retail Bank in Saudi Arabia 2018’
World Finance, the London-based internationally reputed financial and banking industry magazine, named Arab National Bank “Best Retail Bank in Saudi…
ABAX rebrands to Ocorian
Abax Corporate Services - a market leading provider of integrated advisory, corporate and business solutions (including private wealth services) across…
StanChart Said to Brace for New Iran Fine of $1.5 Billion
Standard Chartered Plc is bracing for a potential penalty of around $1.5 billion from U.S. authorities for allowing customers to…