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Retail Banking

Emirates Development Bank Partners with Commercial Bank of Dubai to Bolster International Trade

June 18, 2024

Emirates Development Bank, the financial engine of UAE economic development and industrial advancement, and Commercial Bank of Dubai, the UAE-based…

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Regulation, Risk & Compliance

Turkey’s Central Bank prepares to distribute newly minted five-lira coin

June 17, 2024

In an Official Gazette notice, the Turkish Treasury and Finance Ministry stated that the minting of new coinage worth five…

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Retail Banking

Dh13.8 billion in new savings via bank deposits during Q1

June 17, 2024

Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted about Dh13.8 billion during the first quarter of this…

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Hedge Funds & Alternative Investments

14 Qatari firms on Forbes top 100 listed companies 2024

June 17, 2024

Fourteen Qatari firms were featured in the list of Top 100 Listed Companies in the Middle East during the year…

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Retail Banking

Doha Bank and Mastercard Collaborate to Strengthen Digital Payment Services

June 17, 2024

Doha Bank and Mastercard have formed a major long-term partnership to boost the commercial bank’s payment solutions and support Qatar’s…

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Regulation, Risk & Compliance

Central Bank of Kuwait Adds New Firms to E-Payment Services Providers, Systems Operators Register

June 17, 2024

The Central Bank of Kuwait  has added 2 new companies to e-payment services providers, e-Money services providers and e-payment systems…

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Hedge Funds & Alternative Investments

Saudi Arabia leads Middle Eastern banking growth amid favorable conditions: Fitch

June 17, 2024

High oil prices and interest rates are creating favorable operating conditions for banks across the Middle East, despite regional tensions,…

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Uncategorized

Fisher Sells Stake of Up to $3 Billion to Advent, Abu Dhabi Fund

June 17, 2024

Private equity firm Advent International and a unit of the Abu Dhabi Investment Authority are buying a minority stake in…

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Awards and Recognition

Emirates NBD and Emirates NBD Capital awarded top honours for Green Financing and Sukuk Leadership

June 14, 2024

Emirates NBD has won the ‘Financial Institutions Bond Deal of the Year’ at the Bonds, Loans & Sukuk Middle East…

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FinTech

Aspen Digital receives in-principle approval for a financial services permission

June 14, 2024

Aspen Digital will establish its financial services headquarters in Abu Dhabi to directly provide financial services to its clients. Subject…

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Awards and Recognition

Weyay Bank wins "Most Innovative App for Young People" Award at The Innovators 2024 from Global Finance

June 14, 2024

Weyay Bank, Kuwait's first digital bank, has been honored with the prestigious "Most Innovative App for Young People" award at…

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Hedge Funds & Alternative Investments

Bajaj Allianz Life focuses on enhancing UAE’s customers experience

June 14, 2024

Bajaj Allianz Life, one of the leaders in private life insurance, commemorates its first anniversary of its representative office in…

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