All Articles

Comment & Analysis

Saudi central bank extends guaranteed funding programme for small businesses

March 13, 2022

Saudi Central Bank (SAMA) has announced an extension of its guaranteed financing programme for micro, small, and medium enterprises (MSMEs)…

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Comment & Analysis

Central bankers face balancing act amid rising inflation, war and slower growth

March 13, 2022

Central bankers around the world are facing a double whammy of faster inflation and the prospects of slower growth, only…

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Financial Results

Kuwaiti Islamic banks post 4th best growth rate in financing operations

March 11, 2022

According to the data issued by Moody’s Agency for Investors Services from 2019 to the third quarter of 2021, shows…

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Comment & Analysis

Dubai a favorite destination as some Moscow-based bankers beat path to exit

March 11, 2022

In the scramble by some bankers and financial industry executives to leave Moscow, Dubai is turning out to be a…

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Regulation, Risk & Compliance

Al Rajhi Bank gets CMA nod for 60% capital raise to $11bn

March 11, 2022

Al Rajhi Bank, which is Saudi Arabia’s largest valued bank, was approved by the Capital Market Authority for a capital…

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Financial Results

Dubai Investments board proposes $139mln dividend for 2021

March 11, 2022

UAE-based Dubai Investments has proposed a total cash dividend of AED 510 million ($139 million) for 2021 after profits more…

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Hedge Funds & Alternative Investments

APBEF-UBA: A new agreement on settlement of disputes between banks

March 11, 2022

As part of strengthening cooperation between Tunisian banks and financial institutions and the Arab banking sector, the Tunisian Professional Association…

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New Investment Products & Services

FAB to expand MENA footprint, strengthen regional trade links with Iraq

March 11, 2022

First Abu Dhabi Bank (FAB) will be expanding its regional footprint with the opening of a representative office in Iraq,…

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Executive Moves

Banque Saudi Fransi’s CEO resigns

March 11, 2022

Banque Saudi Fransi has announced the resignation of Rayan Mohammed Fayez from his position as the bank’s Managing Director and…

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Regulation, Risk & Compliance

DFSA decisions to penalise Dalma Capital Management Limited and Zachary Cefaratti referred to Financial Markets Tribunal

March 11, 2022

The Dubai Financial Services Authority has  published two Decision Notices concerning action the DFSA has decided to take against Dalma…

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FinTech

National Finance introduces WhatsApp with real time automated messaging

March 11, 2022

Oman’s leading finance company, National Finance, recently introduced an automated WhatsApp service to cater to its clients’ various requirements.   …

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FinTech

Abu Dhabi Islamic Bank enhances its digital banking ecosystem

March 11, 2022

Abu Dhabi Islamic Bank (ADIB) has announced that it will continue to develop its digital banking ecosystem and be at…

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