Here’s what you need to know about SIFI treatment
Saudi Arabia's Cabinet has recently approved the law on treatment of systemically important financial institutions (SIFIs), which stipulates the effective…
Comment & Analysis
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London analysts say ‘it’s time to bank on Dubai’ again
Now is the time to bet on a rebound in Dubai’s tourism sector, say two top equity analysts out of…
EBRD and Cairo Amman Bank boost small businesses in Jordan
EBRD US$ 30 million loan to Cairo Amman Bank under Solidarity Package Liquidity line to provide finance to small businesses…
Rules for Sharia-compliant transactions announced
Rules that govern Sharia-compliant Waad (promise), Khiyar (option) and Tahawwut (hedging) transactions for Islamic financial institutions have been put in…
Are sceptics wrong at panning Bitcoin that hit a record $24,000 high?
Bitcoin hit an all-time high at noon on Saturday, surpassing $24,000 briefly, in its dizzying rally that has seen it…
Saudi Arabia 2021 budget expansionary; renews focus on healthcare, tourism: analysts
Saudi Arabia’s 2021 budget is estimated to be expansionary as government-controlled funds are expected to compensate for previous budget cuts…
5 steps to assess customer credit risk in the UAE
When Ahmed opened his design business in Dubai last year, he was delighted to land an ambitious client straight away.…
The Future of Work
In the new normal, people matter more than ever. Remote work was gaining ground even before the pandemic hit.…
Why Middle East investors should consider Northern Ireland’s fintech sector
Financial technology (fintech) has rapidly emerged as one of the most attractive sectors worldwide and also specifically in this region…
Just One Third of Global Asset Managers Have Completed Their Digital Transformation Projects
Fenergo has announced the findings from its global asset management research, which uncovered that while most firms feel that it’s…
Bahrain, UAE and Saudi Arabia ranked in world's top five Islamic finance economies by the Islamic Development Bank
Eighth consecutive first-place ranking for Bahrain based on robust and supportive regulation and increases in number of Islamic Banking Assets…
COVID-19 sees 36,447 new online stores launched in Saudi Arabia
The number of electronic or online stores in Saudi Arabia has increased 171 percent compared to last year as consumers…