2022 outlook: Middle East customers will go more digital in brand engagement
Consumers in the Middle East are more likely to engage with companies using digital channels in 2022, with 67 percent…
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Global open banking market set to hit $43.15bn by 2026
The global open banking market is projected to reach $43.15 billion by 2026, up from $7.3 billion in 2018, according…
Turkey names new finance minister as lira slides
Turkish President Recep Tayyip Erdogan appointed Nureddin Nebati as minister of treasury and finance on Thursday after the resignation of…
Turkey Fast-Tracks Sustainable Finance
The Ministry of Treasury and Finance ("Ministry") published the Sustainable Finance Framework ("Framework") setting the standards for green, social and…
I2c teams with BEYON Money, in mobile payments
The app will develop card issuing and processing functions through i2c’s banking and payments platform. The BEYON Money app was…
Turkish banks will support new low-rates economic model, association head says
Turkish banks will support a "new economic model" based on low interest rates championed by President Tayyip Erdogan, Turkish Banks…
Batelco reveals 'BEYON Money' the company's new financial services brand
Batelco took a major step forward has introduced its new BEYON Money brand, in line with its strategy to move…
Global hires drive change at Mashreq Bank
When Abdul Aziz Al Ghurair asked Ahmed Abdelaal take the reins as chief executive of Dubai-based Mashreq Bank in October…
Qatar completes first merger of two publicly listed banking giants; Masraf Al Rayan has QR182b in assets
Qatar’s banking sector has completed the first merger of two of its publicly listed entities. With the legal process…
LGT Poaches Middle East Expert From Amundi
The investment arm of the Liechtenstein bank is hiring a Middle East expert to drive its business in the region. …
Qatar – Online transactions surge over 90 percent in Commercial Bank
The digital transformation drive by the Commercial Bank has become a huge success. More than 90 percent of Commercial Bank's…
GCC banking sector net profits show increase
GCC banking sector net profits showed a q-o-q increase almost equivalent to the decline in loan loss provision (LLP) during…