NBK supports “Let’s Be Aware” Campaign for the second year in a row
In line with its commitment to support the initiatives aiming to raise community awareness and to actively participate in promoting…
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Some Goldman Sachs employees moving out of Russia to Dubai -Bloomberg News
Goldman Sachs Group is shifting some of its Moscow-based employees to Dubai as its staff seeks to work from a…
Egypt’s banking system processed 1 bln electronic transactions in 2021: CBE
Egypt’s banking system processed 1 bln electronic transactions in 2021 with a total value of EGP 2.8 trillion, according to…
HBL appoints head of wealth management in UAE
HBL has appointed Danial Hashmi as head of wealth management in the UAE. Hashmi joined the bank in July…
Qatar’s insurance penetration may remain stable until 2026: Alpen Capital
Qatar’s insurance penetration is expected to remain stable at 0.9% over the five-year period (from 2021) with density expected to…
National Bank of Oman Earns Fifth Citibank STP Excellence Award
Continuing to set benchmarks in the payments sphere, National Bank of Oman has won Citibank’s Straight Through Processing (STP) Excellence…
Saudi Financial Sector Sees Remarkable Development
Saudi Finance Minister Mohammed Al-Jadaan said that work was underway to develop the financial sector in order to keep pace…
UAE central bank wins top award
The Central Bank of the UAE has won a top federal entity award for best performance improvement in the sixth…
Islamic banking plays key role in Qatar’s diversification drive
Banks are exploring new ways of delivering banking services to customers with rise in fintech innovations in Qatar. They are…
Islamic banking in Egypt amounts to EGP 429bn in 2021: Eifa
The volume of Islamic banking in Egypt amounted to about EGP 429bn in 2021, representing about 5% of the total…
New rules boost Dubai’s international arbitration credentials
The modernisation of arbitration rules for the Dubai International Arbitration Centre can help Dubai become a leading hub for international…
UAE banking sector on path to recovery: S&P Global
Further deterioration of UAE banks' asset-quality indicators will remain contained as the economy improves and corporate activity recovers, said S&P…