All Articles

Environment and Sustainable Investments

Expo Dubai: Mozambique Bets on Sustainability and Wants to Expand Economic Relations with the Emirates

November 24, 2021

Sustainability is the theme of Mozambique’s participation in Expo Dubai, and the country intends to take advantage of its presence…

Read More

FinTech

Active.Ai powers ‘Zaki’, Qatar Islamic Bank (QIB) ‘first-of-a-kind’ AI virtual assistant available in Arabic and English

November 24, 2021

Qatar Islamic Bank (QIB) has introduced new features to its AI virtual assistant, ‘Zaki’, offering customers, as well as non-customers,…

Read More

Comment & Analysis

Saudi Arabia Islamic Finance Market to be Dominated by Islamic Banking through 2026 – TechSci Research

November 24, 2021

The growing FinTech industry and presence of tech-savvy youth population are driving the growth of Saudi Arabia Islamic Finance Market…

Read More

Regulation, Risk & Compliance

Dubai Bank Pays $100 Million to Resolve Sanctions Violations with DFS, OFAC and Federal Reserve

November 24, 2021

Mashreqbank, based in Dubai, agreed to pay $100 million to the New York Department of Financial Services, the Federal Reserve,…

Read More

Hedge Funds & Alternative Investments

Saudi Arabia to double investments in Sudan to $2bln

November 24, 2021

Saudi Arabia aims to double investment in Sudan from SR4 billion ($1 billion) to SR8 billion, Saudi-Sudanese Business Council Chairman…

Read More

Regulation, Risk & Compliance

Banks in UAE waive over $272mln debts of 4,511 Emiratis

November 24, 2021

The Non-performing Debt Relief Fund announced on Wednesday that 20 banks and financial institutions had waived the debts of 4,511…

Read More

FinTech

Arab Federation for Digital Economy, Union of Arab Banks launch 'Huma Wealth' programme in cooperation with GCEL

November 24, 2021

The Arab Federation for Digital Economy and the Union of Arab Banks, operating under the umbrella of the Arab League,…

Read More

Comment & Analysis

Initial results from IMA study shows room for improvement on diversity, equity & inclusion in finance and accounting in MENA

November 24, 2021

IMA® (Institute of Management Accountants), an association focused exclusively on advancing the management accounting profession, revealed key findings from an…

Read More

FinTech

NBB upgrades digital banking app

November 24, 2021

The National Bank of Bahrain has upgraded its digital banking app to feature further enhancements that aim to simplify customers’…

Read More

Comment & Analysis

UAE Development Bank to pump $8bn into industry

November 24, 2021

Emirates Development Bank plans to pump 30 billion dirhams ($8 billion) across its domestic markets by 2025, to support the…

Read More

Executive Moves

McKinsey & Company appoints 11 new partners in the Middle East

November 24, 2021

Global strategy consulting firm McKinsey & Company has appointed 11 new partners in the Middle East.   The US-headquartered company…

Read More

Comment & Analysis

Dubai Financial Market's trading value surges to $4.2bln in 3 weeks

November 24, 2021

The Dubai Financial Market’s  trading value has surged by 270 percent in less than a month since Sheikh Maktoum bin…

Read More