BBK: Financial results for the year ended 31st December
BBK (trading code BBKB.BH) announces its financial results for the year ended 31st December 2021 with a net profit attributable…
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Lebanon central bank extends unlimited sale of dollars to banks until end-March
Lebanon's central bank on Wednesday extended a circular allowing banks to purchase dollars with no ceiling via the bank's Sayrafa…
UAE banks: Staying one step ahead of fraudsters
According to the UAE Banks Federation (UBF) Annual Report 2020, “In light of the rapid changes witnessed in 2020, remote…
Walkers advises Pyypl
Walkers has advised Dubai-based blockchain start-up, Pyypl, on the successful raising of US$ 11 million in funding for its Series…
Andersen Global Enters Collaboration Agreement with Bahrain-Based Law Firm
Andersen Global continues to expand the breadth of its Middle Eastern platform with the addition of collaborating firm Almoayed Chambers…
Kamco completes 22 banking deals worth $4.8bn in 2021
Kamco Invest, a regional non-banking financial powerhouse, completed 22 investment banking transactions in 2021 worth $4.8 billion in all three…
Why Middle East clients are turning to Guernsey for philanthropy
Charitable giving is deeply rooted in Middle Eastern culture, and Middle Eastern clients are turning to Guernsey for its range…
Brookfield negotiating with First Abu Dhabi Bank to buy $1bn payments arm
Brookfield Asset Management is negotiating with First Abu Dhabi Bank to buy its payment arm, according to Bloomberg. According…
The Middle East already has a crypto hub, and it's not Dubai
When the world's biggest cryptocurrency exchange decided in December to set up an advisory body in Dubai, local bitcoin enthusiasts…
First Abu Dhabi Bank takes orders for $500mln sukuk
First Abu Dhabi Bank, the United Arab Emirates' largest lender, is expected to sell $500 million in Islamic bonds on…
Finastra partners with DataGear to help corporate banks in Egypt optimize core processes
Finastra has announced its partnership with DataGear to enable corporate banks to rationalize core operations, automate compliance and reduce costs.…
Egypt HR tech start-up SAmAS Gamify raises $125,000 in pre-seed round
Egyptian HR tech start-up SAmAS Gamify, which specialises in psychometric assessment, recently raised $125,000 in a pre-seed funding round led…