Saudi Vision 2030: roadmap to financial services innovation
The banking and financial services industry has always been a pillar of the Kingdom of Saudi Arabia’s economy—enjoying strong levels…
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Chinese banks active in UAE to spur regional growth
China's biggest banks have recently made a spate of significant financial moves in the United Arab Emirates, in a sign…
Oman launches debit card e-payment gateway project
Oman’s apex bank Central Bank of Oman has launched a national debit card payment gateway infrastructure for e-commerce transactions, which…
Large Saudi bank cuts money quote; rates may fall back below repo
Saudi Arabia's biggest commercial bank cut its quote for three-month money in the interbank market on Sunday in a signal…
ASBB unveils special offer for Bahrain housing projects
Al Salam Bank-Bahrain, a major Shari’a-compliant bank, has launched a new finance scheme for its customers buying properties in two…
Talal Al Zain to head new Islamic investment bank in Abu Dhabi
ADCorp, the newly formed Islamic investment bank, has named Talal Al Zain as its chief executive. Its two main…
Cyber protection focus of Qatar Central Bank governor's speech
The cyber security of Qatar’s financial sector is the focus of the governor of Qatar Central Bank, Sheikh Abdulla Al-Thani. …
External audits is the way forward for Islamic finance
Wider acceptance and adoption external Sharia audits across the Islamic finance industry will go a long way in preserving the…
Qatar to hike interest rates next year in line with US Fed – report
Qatar could see an increase in interest rates next year as the central bank follows the US in its “gradual…
Golden strategy for 2017: buy on the dips
For investors who have bought gold, don’t get scared by the $60 an ounce drop in prices just after the…
Al-Mal Investment wins ‘Most Innovative Financial Product’ Award for Takharoj
Al-Mal Investment has announced yesterday that it has been awarded the “Most Innovative Financial Product” award for Takharoj from The…
Takaud partnership expands Kuwait’s Ahli Capital client offerings
TAKAUD, the specialist provider of savings, investment, and pension solutions for the MENA region, and Ahli Capital Investment Company K.S.C.C.,…