Morocco's Attijariwafa Sees Egypt Unit as Major Driver of Growth
Attijariwafa Bank, Morocco’s biggest lender, expects its recently acquired Egyptian unit to be the company’s major driver of growth in…
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Avaya Commits to Support Digital Transformation in Bahrain
Avaya has announced the opening of its new office in Bahrain as part of its strategy to support Bahrain’s digital…
GCC-India corridor offers huge investment opportunities, says report
A new research report outlines the robust economic cooperation between the Gulf Cooperation Council and India and analyses the trend…
Bahrain issues new regulations for Islamic banks
The Central Bank of Bahrain has announced new Shariah governance regulations applicable to wholesale and retail Islamic banks in Bahrain.…
Dubai developer repays $300m loan ahead of schedule
FIVE Holdings, the Dubai-based developer, said on Tuesday it has repaid its AED1.1 billion ($300 million) syndicated finance package 13…
Citi names European trade heads
Citigroup has named co-heads of a key unit within its $8bn treasury and trade solutions business, one of the biggest…
Ultra-luxury mega project nearing completion
Dubai-based ultra-luxury property developer, Forum Group, has announced it is on course to complete its first residential project, XXII Carat,…
Emerico launches virtual smart machine with self-service banking in Middle East
The launch was announced at the seventh Middle East Banking Innovation Summit, the region’s largest banking technology and innovation event,…
UAE Central Bank ramps up clampdown on banks mis-selling consumer and investment products
The Central Bank of the UAE has stepped up action against banks following complaints of mis-selling on consumer and investment…
CBE announces new BoD of state-owned banks beginning of next week
The Central Bank of Egypt will announce at the beginning of next week the final formation of the boards of…
Qatar Insurance Says Abu Dhabi License Process Is Still Underway
Qatar Insurance Co. still has an active license in Abu Dhabi and the renewal process is underway, said Salem Khalaf…
Path Solutions gains new core banking tech client in Sudan
Sudan Financial Services Company has signed to implement the iMAL solution from Path Solutions for its investment activities. SFSC…