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FinTech

Bank Muscat Advances Its Procurement Operations With BravoSolution

November 6, 2017

Bank Muscat, the flagship financial services provider in Oman, currently manages its tendering activities through BravoSolution’s strategic procurement platform BravoAdvantage…

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Hedge Funds & Alternative Investments

Kuwait plans to build $112.5bln ‘gold city’

November 5, 2017

The Ministry of Commerce and Industry asked Kuwait Municipality to allocate a plot to build a special ‘gold and jewelry…

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Regulation, Risk & Compliance

UAE Banks Federation Chairman hosts US Treasury Secretary, US Ambassador to the UAE in Abu Dhabi

November 5, 2017

Abdul Aziz Al Ghurair, Chairman of the UAE Banks Federation, UBF, a professional representative body comprising 48 member banks operating…

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Comment & Analysis

Qatar Banking System Stabilisation Seen Favourable: Markaz

November 5, 2017

Efforts to stabilise Qatar’s banking system has been “viewed favourably”, Kuwait Financial Centre has said and noted the “pressure” on…

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FinTech

Bahrain Hosts Largest Regional FinTech Hub

November 5, 2017

The Bahrain Economic Development Board and FinTech Consortium announced today the launch of "Bahrain FinTech Bay", the largest dedicated FinTech…

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Comment & Analysis

The New Roles Of The Modern Banker

November 5, 2017

Banks all over the world are striving to strengthen themselves by making significant investments in technology and creating partnerships with…

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Comment & Analysis

Abu Dhabi’s ADNOC Expected To Sign $6BN Loan This Week

November 5, 2017

Abu Dhabi National Oil Co, the United Arab Emirates oil giant, is expected to sign by the end of this…

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Awards and Recognition

Boubyan Receives ‘Best Islamic Digital Bank Award Worldwide

November 5, 2017

Boubyan Bank continues to make new achievements in the digital banking domain by winning the Best Islamic Digital Bank Award…

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Retail Banking

Kuwait’s Burgan Bank in early talks for $350 mln loan refinancing – sources

November 5, 2017

Kuwait’s Burgan Bank, the country’s third largest lender by assets, is in early discussions with banks for the refinancing of…

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Islamic Finance

Al Rajhi Bank Launches Exclusive Payment Services Solution in Collaboration With Accenture

November 5, 2017

Al Rajhi Bank has set a major milestone in its ongoing modernization efforts by implementing a fully dedicated payment service…

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Comment & Analysis

Diamond in the rough: Ex-Barclays boss targets Africa

November 5, 2017

Bob Diamond says the big banking opportunities in Africa are for regional players, not big, global brands.   The former…

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Extremely Wealthy

Billionaire Saudi prince arrested in corruption crackdown

November 5, 2017

A senior member of the Saudi royal family who ranks among the world’s richest businessmen was arrested last night as…

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