All Articles

Comment & Analysis

JP Morgan and Rothschild & Co top M&A financial advisers by value and volume in Middle East & Africa for 2021, finds GlobalData

January 19, 2022

JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the Middle East &…

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FinTech

FAB goes live with Arab Monetary Fund’s Buna system

January 19, 2022

First Abu Dhabi Bank  has enhanced regional cross-border payments capabilities by going live with the Arab Monetary Fund’s Buna system.…

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Investment Banking

Ex-Citi Banker Says He Lost Job Over ‘Toxic’ Dubai Claims

January 19, 2022

An ex-Citigroup Inc. banker is fighting to get his job back after he alleged that he was fired for blowing…

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Executive Moves

HSBC hires new commercial banking head for Mena and Turkey

January 19, 2022

HSBC has appointed Patricia Gomes as regional head of commercial banking for the Middle East, North Africa and Turkey (Menat).…

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FinTech

Gulf Data International implements FaceTec’s leading 3D face authentication software at First Abu Dhabi Bank (FAB)

January 19, 2022

Gulf Data International (gDi) has been a trusted MENA tech integrator and solutions provider for nearly 40 years, and now,…

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Legal

Lebanese judge freezes assets of central bank governor

January 19, 2022

An investigating judge in Beirut on Tuesday froze some assets belonging to the country’s central bank governor, who is accused…

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Legal

Qatar settles $100 million currency manipulation lawsuit against the UAE

January 19, 2022

Several Abu Dhabi-based banks orchestrated attacks on Doha’s economy during the 2017 Gulf Cooperation Council (GCC) crisis in hopes of…

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Islamic Finance

Oman c.bank approves due diligence for Sohar Int'l Bank, Bank Nizwa merger

January 19, 2022

Oman’s Sohar International Bank on Wednesday said it had received an approval from the central bank to go ahead with…

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Comment & Analysis

Dubai issues 72,152 new business licences in 2021, a growth of 69% compared to 2020

January 19, 2022

Dubai issued 72,152 new business licences in 2021, a growth of 69 % compared to 2020 when 42,729 licenses were…

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FinTech

QIIB brings Apple Pay to customers

January 19, 2022

QIIB has brought its customers Appe Pay, a safer, more secure and private way to pay that helps customers avoid…

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Awards and Recognition

HSBC reclaims bond crown in Mideast

January 19, 2022

HSBC Holdings, which last year was the top arranger for bond sales in the Middle East for the first time…

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Executive Moves

Norton Rose Fulbright appoints head of banking and finance, Europe, Middle East and Asia

January 18, 2022

Norton Rose Fulbright has appointed Madhavi Gosavi as head of banking and finance for Europe, Middle East and Asia (EMEA),…

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