All Articles

Hedge Funds & Alternative Investments

Saudi SAMA: Insurance companies must settle third party claims within 5 days if amount is below $534

July 27, 2022

The Saudi Central Bank (SAMA) has instructed that it is mandatory for all insurance companies to settle insurance claims for…

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Uncategorized

Exclusive health insurance for UAE Golden Visa holders

July 27, 2022

Golden visa holders in the UAE can avail exclusive health insurance policies dedicated to them, with premiums starting from as…

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Hedge Funds & Alternative Investments

IMF says Egypt needs progress on fiscal and structural reform

July 27, 2022

The International Monetary Fund said on Tuesday that Egypt needed to make "decisive progress" on fiscal and structural reform as…

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Hedge Funds & Alternative Investments

Saudi Arabia received $5.5bln in Chinese BRI investments in H1-2022

July 27, 2022

Saudi Arabia was the single largest recipient of China's Belt and Road Initiative (BRI) investments, with about $5.5 billion in…

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Financial Results

Ahlibank H1 net profit up 7.2% to QR330.7mn

July 26, 2022

Ahlibank announced a net profit of QR330.7mn for the first half of the year that ended on June 30, 2022,…

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Regulation, Risk & Compliance

Saudi Central Bank launches Joint Operations Center to combat financial fraud

July 26, 2022

Saudi Central Bank has launched the Joint Operations Center for banks to follow up and monitor cases of financial fraud,…

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Financial Results

QIIB announces its results for the first half of 2022

July 26, 2022

Net profit reaches QR 571 million, reflecting a growth of 5%   Total assets stood at QR 63.2 billion, while…

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Environment and Sustainable Investments

Citi and Etihad sign on First Sustainable Deposit Solution

July 26, 2022

Etihad Airways has become the first client to sign on to Citi ADGM’s Sustainable Deposit Solution. Citi’s newly launched deposit…

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Awards and Recognition

NBK wins “The Social work Pioneer Project Award” from the GCC Council of Ministers of Social Affairs and Labor

July 26, 2022

National Bank of Kuwait (NBK) was awarded “The Social work Pioneer Project Award” from the GCC Council of Ministers of…

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Executive Moves

SABB appoints Al-Gheshayan to lead retail, wealth management

July 26, 2022

The Saudi British Bank (SABB) has appointed Bandar Al-Gheshayan as Chief Retail Banking and Wealth Management Officer to lead the…

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FinTech

Abu Dhabi judiciary raises awareness of the dangers of cybercrime on society

July 26, 2022

As part of its continuous efforts to promote the dissemination of legal awareness among all segments of society, and in…

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Retail Banking

Ifza partners with CBD for exclusive banking solutions

July 26, 2022

Ifza Dubai, a top free zone in the UAE, has partnered with the Commercial Bank of Dubai (CBD) to provide…

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