Dubai seeks to launch a ‘Court of the Blockchain’ to verify judgments
Following on from news that the National Bank of Dubai adopted blockchain technology for use in a check-issuance system earlier…
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NBK-Bahrain Reports Net Profits of BHD 55 Million
National Bank of Kuwait-Bahrain (NBK Bahrain), the branch of NBK Group in Bahrain, reported net profits of BHD 55 million…
Stellar Lumens Gets Official Approval from Bahrain Central Bank as Sharia Compliant
Bahrain Central Bank (CBB) reported earlier today, on August 1, that they have officially approved Stellar.org project as Sharia Compliant.…
FAB appoints Head of investment for Personal Banking Group
First Abu Dhabi Bank, has appointed Alain Marckus as Managing Director and Head of Investment Strategy and Investment Management for…
Blockchain Holds 'Significant' Value For Financial Services
While still nascent today, blockchain business value, which refers to the cost savings and efficiencies that could be realized by…
Bahrain central bank’s net foreign assets rebound in June
Net foreign assets at Bahrain’s central bank, an indication of its ability to defend its currency against market pressure, rebounded…
Confidence in investment in Kuwait gets fillip from KIF
The second edition of the Kuwait Investment Forum (KIF 2018), held under the patronage and presence of the Amir Sheikh…
Foreign capital inflows expected to rise significantly in the Gulf, says UBS
Foreign capital inflows to Saudi Arabia will increase significantly into Saudi Arabia after moves by MSCI and FTSE to include…
Kuwait Finance House, Bahrain’s Ahli United Bank Merger To Result In New Bank With $92 Billion Assets
In July Kuwait Finance House invited Bahrain’s Ahli United Bank to begin a due diligence process for a potential merger…
Middle East digitisation
How has the year been for SAP thus far? SAP is growing stronger than ever before, with double digit…
ADSS expands legal team with new hires in the Middle East
Abu Dhabi based financial services company ADSS – which recently rebranded from ADS Securities – has announced that it is…
Size matters as Gulf banks continue to seal takeover, merger deals
After a long lull, deals between Gulf banks are kicking up a gear. Lenders across the region are undergoing their…