Egypt’s new IMF deal aims to reduce government debt: Cabinet
The International Monetary Fund's new $3 billion financial support package for Egypt aims to reduce government debt to less than…
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Middle East Becomes IPO Oasis Amid Cooling Financial Markets
The Middle East has become a bright spot among financial markets as IPO activity declines. Initial public offerings (IPOs)…
National Bank of Fujairah welcomes the latest group of Management Training Programme participants
National Bank of Fujairah has welcomed the eleventh group of 26 participants in its annual Management Training Programme (MTP), supporting…
Temenos and NdcTech sign partnership to expand market reach in Bahrain, Kuwait, Oman, Pakistan, Qatar, Saudi Arabia, and UAE
Temenos has announced that it has signed an agreement to grant license rights to NdcTech, a wholly owned subsidiary of…
Wipro Announces the Launch of Capco in the Middle East
Wipro Limited, a leading technology services and consulting company, today announced the launch of a new Middle East financial services…
Majid Al Futtaim and Standard Chartered launch the region’s first sustainable supply chain finance programme
Majid Al Futtaim Retail, operator of the Carrefour franchise in the Middle East, Africa and Asia, and Standard Chartered Bank…
Turkish bank goes live with Murex system & other news
In other news, BNP Paribas creates ‘Private Assets,’ Cboe Clear Digital achieves a key certification & Credit Suisse trades tokenized…
Dubai IPO boom sees banks target more Middle East deals in 2023
Dubai, the UAE in general and Saudi Arabia are defying the worst slump in IPOs since the financial crisis as…
Central Bank of Bahrain increases key interest rates
The Central Bank of Bahrain (CBB) has decided to raise its key policy interest rate in light of international financial…
The UAE participates in the first G20 Finance and Central Bank Deputies Meeting
The UAE participated in the first G20 Finance and Central Bank Deputies Meeting, which was held on the 13th and…
Saudi Arabia on course to reverse debt burden: Moody’s
Saudi Arabia looks set to reverse most of the 2020 increase in its debt burden over the next several years…
BisB Launches Tejoori Activation at City Centre Bahrain
Bahrain Islamic Bank has announced the launch of an exclusive campaign for its Tejoori account, with a total amount of…