UAE banks improve profitability on lower costs and higher margins
‘Cautious optimism’ and ‘resilience’ were the favourite phrases of UAE bankers and banking sector analysts in 2017. Early bank…
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GFH share contracts start Nasdaq Dubai trading
Bahrain-based GFH Financial Group has announced that the single stock futures contracts on the group’s shares have begun trading on…
Al Hilal Bank receives Best CSR in Islamic Banking UAE Award
Al Hilal Bank was awarded the "Best CSR in Islamic Banking UAE" Award for its Child Safety CSR Campaign by…
British asset manager to Open Tel Aviv Offices
One of Britain’s largest investment management firms, Schroders plc, has announced that it is opening offices in Tel Aviv in…
Safwa Islamic Bank, MEPS ink co-op agreement
Jordan's Safwa Islamic Bank said it has signed a co-operation agreement with Middle East Payment Services, a leading, innovative payment…
Dubai is charting a unique story in fintech
Dubai has been taking a lead in the Middle East and North Africa (Mena) region on the Blockchain agenda via…
GCC financial advisors positive about robo-advice
Forty-nine per cent of financial advisors in the GCC were upbeat about the prospects for robo-advice, even if only 35…
SEC signs $2.6bn international syndicated bridge facility with global banks
Saudi Electricity Company (SEC) has signed a $2.6 billion international syndicated bridge facility with eight major global banks to fund…
DIB named Fastest Growing Bank in the UAE
Dubai Islamic Bank, DIB, has been recognised as the Fastest Growing Bank in the country at this year’s International Finance…
CBB and DFSA sign MOU
The Dubai Financial Services Authority (DFSA) and the Central Bank of Bahrain signed a Memorandum of Understanding (MoU) last week…
CBI appoints head of Retail Banking
Commercial Bank International (CBI), a UAE bank headquartered in Dubai, has announced the appointment of Shaker Zainal as the head…
UAE residents' investment pick is property
Property remains the preferred investment asset of UAE residents, with 40 per cent of residents planning to invest in property…