All Articles

Comment & Analysis

UAB calls upon banks, Arab financial institutions to exert greater efforts to spread fintech, curb risks

May 3, 2018

The Union of Arab Banks (UAB) called upon banks and Arab financial institutions to develop legal frameworks for electronic payment…

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FinTech

IBM opens Innovation & Industry Client Centre in Abu Dhabi

May 3, 2018

IBM has launched a new Innovation and Industry Client Center in Abu Dhabi.   The centre aims to fast track…

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Comment & Analysis

GCC banks resilient in the face of political and economic challenges: KPMG GCC listed banks report

May 3, 2018

KPMG has released the findings from the third edition of its annual GCC listed banks results report, which analyses the…

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Islamic Finance

Al Baraka Banking Group and the Bank of London & The Middle East (BLME) sign a Memorandum of Understanding

May 2, 2018

Al Baraka Banking Group, B.S.C (ABG), the leading Bahrain-based banking group, has signed a Memorandum of Understanding (MoU) with the…

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Investment Banking

Mashreq closes $100m facility for Stanbic Kenya

May 2, 2018

Mashreq bank, a leading financial institution in the UAE, recently closed S$ 100 million dual tranche syndicated term facility for…

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Hedge Funds & Alternative Investments

Billionaire Shetty said to hire Evercore on Finablr IPO

May 2, 2018

Dubai-based billionaire Bavaguthu Raghuram Shetty hired Evercore to advise on a potential initial public offering for his financial-services company, according…

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Hedge Funds & Alternative Investments

Valuation woes hit Saudi, DSI hurt Dubai

May 2, 2018

Saudi stocks slid 0.6 per cent yesterday as concerns grew about rich valuations for blue-chip stocks after the region’s biggest…

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Regulation, Risk & Compliance

Citi considering full banking licence in Saudi Arabia

May 2, 2018

Citigroup  is considering seeking a full banking license in Saudi Arabia, the president and chief executive of the bank’s institutional…

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Investment Banking

Banks Forced Into Qatar-Saudi Feud

May 2, 2018

Bankers have tried to stay neutral in the diplomatic fight between Qatar and its neighbors, Saudi Arabia and the United…

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Comment & Analysis

QDB signs deal with 5 global VC firms for QR100mn SME fund

May 2, 2018

Qatar Development Bank (QDB) signed agreements yesterday with five international venture capital firms that would provide more than QR100mn worth…

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Comment & Analysis

Regional liquidity can get a boost from oil surge amid Fed meeting

May 2, 2018

In Qatar, lending growth is close to 3% in 1st Quarter of 2018, with real estate and government sector being…

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Comment & Analysis

Kuwait owns 6% of Islamic banking assets: Central Bank

May 2, 2018

Kuwait accounts for around six percent of all Islamic banking assets in the world, the Central Bank of Kuwait’s (CBK)…

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