Egyptian pound recovers closer to EGP 50/$1 at Wednesday’s COB
Banks in Egypt will be closed on Thursday, 27 August, an official public holiday to mark Moulid El-Nabi. The…
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KARTY Secures Visa FinTech Innovation Award for Advancing Digital Payments in Qatar
KARTY LLC has received Visa’s FinTech Innovation Award, marking a significant milestone for the Qatari digital wallet as it transitions…
UAE banks tighten access controls for apps and online shopping, with new security measures
Banks in the country have begun tightening security measures for digital banking services by enhancing customer identity verification methods when…
UAE banks roll out easier financing options for off-plan homebuyers
UAE homebuyers are getting more options to finance off-plan properties during the construction phase, with banks expanding products that allow…
Qatar Central Bank issues Government Ijarah Sukuk worth over $1.37bln
Qatar Central Bank (QCB) issued Government Ijarah Sukuk on behalf of the Ministry of Finance on Tuesday. The total allocated…
Strategy consultancy Roland Berger promotes Jawad Shaikh to Senior Partner
Global strategy consulting firm Roland Berger has promoted Jawad Shaikh to Senior Partner, making him one of the most senior…
HSBC launches UAE’s first immediately international bank account
HSBC in the UAE today became the first market in HSBC’s global network to launch the upgrade to its Global…
BNP Paribas receives Saudi regional headquarters licence
BNP Paribas has received a regional headquarters licence in Saudi Arabia, Saudi state news agency SPA reported on Tuesday, as…
Adoption and awareness of international wealth insurance rise in Asia and the Middle East as annual sales grow to nearly £10bn
International wealth insurance becoming increasingly established in Asia and appetite growing among advisers to recommend these solutions Market growth in…
How Hong Kong and the UAE are shaping international wealth planning
As wealthy families become increasingly international, decisions around residence, investments and wealth structuring are becoming more complex. Rather than…
NBK Becomes First Kuwait Bank to Offer Fully Digital Onboarding for Children’s Accounts
National Bank of Kuwait (NBK) continues to reinforce its leadership in digital innovation and advanced banking services with the introduction…
TerraPay partners with Deutsche Bank on global payments
TerraPay has partnered with Deutsche Bank to expand global payment connectivity by accessing the bank’s correspondent banking network, payments capabilities…