Commercial Bank ranks at the top in 2022 Euromoney Digital Rankings
Euromoney publication has ranked Commercial Bank as a Leader in Qatar in Digital Solutions, Corporate Banking, and Corporate Social Responsibility…
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Qatar central bank grants first digital payments license
The Qatar Central Bank has granted the first digital payment license to two companies that offer electronic payment services: iPay…
Egypt issues first Islamic micro-financing license
Egypt’s Financial Regulatory Authority has issued the country’s first license to an institution engaged in Shariah-compliant financing of micro-enterprises. …
UAE central bank launches digital portal amid effort to be ‘among top central banks globally’
The Central Bank of the UAE (CBUAE) has announced the launch of a new corporate website with various interactive digital…
HSBC Bahrain switches to recycled plastic payment cards
The transition will reduce global CO2 emissions by 161 tonnes a year, and save 73 tonnes of plastic per year…
Realty, banking blue chips continue to drive UAE markets
The UAE financial markets posted gains of around AED4.1 billion in market cap fueled by continued upbeat sentiments at the…
Gulf firms' earnings reach a new record level in Q2, 2022: Kamco Invest
Earnings reported by the Gulf Co-operation Council listed companies reached a new record level during the second quarter (Q2) of…
EBRD provides US$ 127 million loan to Turkey’s Isbank
US$ 127 million financing to Isbank for on-lending to local businesses Facilitating green investments and supporting women-led SMEs Additional risk-sharing,…
Raqmiyat partners Codebase Technologies in UAE and KSA
Raqmiyat has partnered with Codebase Technologies. The partnership will accelerate digital banking transformation in UAE & KSA, with Raqmiyat…
Emirates Development Bank to approve loans of up to Dhs5m to SMEs, startups within five days
Emirates Development Bank has announced a new lending feature that allows SMEs and startups to apply for loans of up…
Rothschild & Co launches a Wealth Management representative office in Israel
Rothschild & Co has announced the opening of a new representative office in Israel for its Wealth Management business. …
Seven Kuwaiti banks among 1000 largest banks in world
Kuwait - The Secretary-General of the Union of Arab Banks, Dr. Wissam Fattouh, stated that according to an analytical study…