Saudi developer Jabal Omar to settle $1.4bn debt owed to Alinma RE fund
Jabal Omar Development Co.’s shareholders have approved a capital hike plan aimed at reducing the company’s liabilities by SR5.3 billion…
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NBI becomes first Iraqi bank to start operations in Saudi Arabia
The National Bank of Iraq has opened its first branch in Saudi Arabia, becoming the first Iraqi lender to engage…
Generation Start-up: how neobank Zywa aims to improve Gen Z's money skills
When Alok Kumar noticed his 15-year-old brother experiencing the same struggles he faced a decade ago when using cash or…
United Arab Emirates celebrates Emirati Women’s Day
Some 66% of the workforce in the United Arab Emirates are women, while the number of women working in the…
QFC supports career exploration programme of QFBA
The Qatar Financial Centre, a leading onshore financial and business centre in the region, has sponsored a summer programme designed…
Doha Bank launches Doha Pay
Doha Bank has collaborated with all major platforms to offer seamless and convenient payments to customers using both IOS and…
Bank ABC Islamic wins the MENA Islamic Finance Bank of the Year award by MEED
Bank ABC Islamic, the Shari’a compliant arm of MENA’s leading international bank, was named the ‘MENA Islamic Finance Bank of…
Number of users affected by spyware in the Middle East decreases in the second quarter of 2022
According to Kaspersky Security Network data for corporate users in the Middle East, in Q2 2022 the number of users…
How UAE banks can ride the digital wave to a new era of peerless service
The financial services and insurance (FSI) industry in the UAE has been in digitisation mode for some time. Traditionally,…
Saudi Central Bank allows Lean Tech and Mod5r to regulatory sandbox
The new entrants are Open Banking solutions providers. The new additions bring the total number of permitted fintech companies operating…
Foreign funds' buying interests lift QSE; M-cap gains QR6bn
An across the board buying, especially in the industrials, yesterday lifted the Qatar Stock Exchange more than 96 points and…
Egypt Central Bank increases cash withdrawal limits
Egypt's central bank on Thursday increased the maximum amount of cash customers are allowed to withdraw from their bank accounts…