All Articles

FinTech

Egypt's MIDBANK Selects Temenos to Power its Digital Transformation

November 2, 2021

Temenos has announced that MIDBANK, a universal bank in Egypt providing retail, corporate, and investment banking services, has selected Temenos' open…

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Financial Results

Boursa Kuwait announces profits of KD 11.7mln for the period ended 30 September 2021

November 2, 2021

Adjusted net profit recorded a robust organic growth of approximately 36%. The increase is derived by excluding the one-time “gain…

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Awards and Recognition

QNB Named Best Private Bank in Middle East

November 2, 2021

QNB Group, the largest financial institution in the Middle East and Africa, had been named ‘The Best Private Bank Qatar…

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Hedge Funds & Alternative Investments

Saudi Arabia appoints financial advisers for a planned green debt issuance

November 2, 2021

Saudi Arabia has appointed financial advisers for a planned green debt issuance but has yet to decide on the format,…

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Regulation, Risk & Compliance

Dubai regulator fines former financial services firm director

November 2, 2021

The Dubai Financial Services Authority (DFSA) has handed Gilles Rollet a $175,000 (£128,092, €151,267) penalty.   He was senior executive…

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Comment & Analysis

GCC markets gain in October on strong banking sector earnings

November 2, 2021

GCC equity markets witnessed gains for the 12th consecutive month supported by a broad -based rally across exchanges in the…

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Comment & Analysis

Is There A Mini-Tantrum Brewing

November 2, 2021

The divergence between the Fed’s view and the market’s view on rates is growing Higher yields have not hindered a…

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Comment & Analysis

2021 Global Climate Survey

November 2, 2021

In 2020, the outbreak of Covid-19 shook the world to its core. It was also the wake-up call the world…

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FinTech

Firm foundations and digital transformation put Qatar’s banking sector on recovery path

November 1, 2021

A new COVID-19 Response Report (CRR), produced by global and research advisory firm Oxford Business Group (OBG) in partnership with…

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Regulation, Risk & Compliance

Saudi deposits $3 bln in Egypt's central bank

November 1, 2021

The Saudi finance ministry said on Sunday the Kingdom had deposited $3 billion with Egypt's central bank and extended the…

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Environment and Sustainable Investments

Bahrain details fiscal balance plan as zero-deficit target delayed to 2024

November 1, 2021

Bahrain on Sunday gave details of a new economic growth and fiscal balance plan that pushes a zero-deficit target back…

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Executive Moves

UAE-based Global Advocates further consolidates its presence in the region

November 1, 2021

Global Advocates, one of the leading regional law firms in the Middle East, with offices in the UAE, Oman, and…

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