All Articles

FinTech

Dubai’s Alabbar Expands Online Foray With Yoox Net-a-Porter Deal

November 30, 2016

Dubai-based business-tycoon Mohamed Alabbar formed a 130 million euro ($138 million) joint venture with Milan-based online retailer Yoox Net-a-Porter to…

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Hedge Funds & Alternative Investments

Saudi Sovereign Wealth Fund to Invest in Alabbar-Led Company

November 30, 2016

Saudi Arabia’s sovereign-wealth fund said Monday that it will acquire a 50% stake in an investment company led by Emirati…

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Comment & Analysis

Interest remerging in MENA banks, especially Egypt, UAE, Saudi Arabia: HSBC Global Research report

November 29, 2016

A report released by HSBC Global Research on Tuesday titled “Middle East/Africa Banks US marketing feedback: what the buy-side thinks”…

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Awards and Recognition

Payfort Receives Doha Bank Partners Award

November 29, 2016

Payfort, the leading online payment service provider in the Arab world, has received the Doha Bank Partners Award in recognition…

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FinTech

Youth presents immense growth opportunity for cashless economy

November 29, 2016

Khalid Elgibali is division president Middle East and North Africa at Mastercard, a leading global payments and technology company.  …

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FinTech

Infosys Finacle partners with Emirates NBD and ICICI Bank to Launch First Blockchain Pilot Network

November 29, 2016

Emirates NBD is the first in UAE and ICICI Bank is the first bank in India to pilot blockchain-based network…

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Executive Moves

New identity and new MD for Alawwal Bank, previously Saudi Hollandi

November 28, 2016

Nikolajsen’s appointment follows the resignation of Dr. Bernd van Linder as Managing Director, which had been announced on 12 October. …

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Awards and Recognition

National Bank of Fujairah scoops ‘Best New Islamic Window – UAE’ Award at the Islamic Business & Finance Awards 2016

November 28, 2016

National Bank of Fujairah PJSC announced today that it was awarded the “Best New Islamic Window – UAE” at the…

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Awards and Recognition

Noor Bank wins ‘Best Priority Banking Award’ at Islamic Business & Finance Awards 2016

November 28, 2016

Noor Bank announced today that it won the ‘Best Priority Banking – UAE’ award from the Islamic Business & Finance…

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Comment & Analysis

Amundi assets under management exceed $1 trillion

November 28, 2016

The growth was driven by net inflows of $43.7 billion, positive market effects, and the acquisition of KBI Global Investors.…

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Regulation, Risk & Compliance

Kuwait's Al Ahli Bank rebrands subsidiary in Egypt

November 28, 2016

Al Ahli Bank of Kuwait (ABK) has rebranded Sunday its subsidiary in Egypt, Piraeus Bank Egypt, under the new name…

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Islamic Finance

Sohar Islamic launches offers on auto and construction & housing finance solutions

November 28, 2016

Sohar Islamic, Bank Sohar’s dedicated Islamic banking window, in commemoration of the sultanate’s 46th National Day is offering attractive auto…

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