UniCredit wins Turkish regulator approval to sell Yapı Kredi stake
Italy’s UniCredit won approval from Turkey’s banking regulator to sell its remaining stake in local bank Yapı Kredi to partner…
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UAE's weekend change: Banks and insurance companies set to be among first to switch
The UAE’s banking and insurance sectors should be among the first to move to the new workday and weekend change…
Middle East Banks' Earnings Pressure Unlikely to Abate Before 2023
Fitch Ratings' 2022 sector outlook for Middle East (ME) banks is neutral, reflecting a modest expected economic recovery. Credit growth…
Stable capital at GCC Islamic banks in 2022: Fitch
The 2022 sector outlook for GCC Islamic banks is neutral, reflecting a modest economic recovery and higher oil prices, said…
UAE working week changes to create ‘steady influx of new wealth’
The United Arab Emirates will transition to a four-and-a-half-day working week, with Friday afternoon, Saturday and Sunday forming the new…
ADIB's Amwali Youth Bank elevates customers' experiences with chat banking services
Abu Dhabi Islamic Bank has announced the introduction of Amwali’s AI Chat bot. Through automated responses, Amwali Chat Banking will provide…
Battle of the UAE advice sectors – Abu Dhabi vs Dubai
The UAE celebrated its golden jubilee last week – having come a long way in a very short time, from…
Dubai regulator fines Emirates REIT fund manager $210,000 for 'misleading statements'
The Dubai Financial Services Authority (DFSA) has slammed a penalty of $210,000 (AED 771,225) on Equitativa and accepted an Enforceable…
Bahrain’s ESG landscape and sustainable financing discussed
The importance and benefits of the ESG ecosystem as well as the relevance of sustainability in the financial sector came…
Kamco Invest commits to the Women Empowerment Principles in support of the UN sustainability goals
Kamco Invest has participated in the “Driving Women’s Empowerment Forward: Women’s Empowerment Principles and the Role of Business to Accelerate…
UAE Banks Are Prioritising Profits Over Growth in Q3 Finds Alvarez & Marsal
The UAE Banking Pulse for Q3 2021 has been released by Alvarez & Marsal (A&M), the global professional services firm.…
Michele Carriero joins Ankura’s Data & Technology practice
Appointed a Senior Director, the Italian-origin professional brings around a decade of experience to the global consulting firm. Carriero is…