COVID-19, low oil prices set to trigger new wave of GCC bank mergers
A new wave of banking sector mergers is in the offing in the GCC with banks seeking ways to combat…
Comment & Analysis
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Alvarez & Marsal to administrate NMC Healthcare in UAE
Alvarez & Marsal’s involvement in the NMC Healthcare case continues, as the firm is handed administration responsibilities for 36 of…
GCC banks to see a wave of mergers amid pandemic-driven economic slowdown, Moody's says
Banks in the Gulf region will increase merger and acquisition activity as they look to gain scale to offset the…
How banks and insurers in Saudi Arabia are faring during Covid
While Covid-19 has understandably had a significant impact on Saudi Arabia’s financial services industry, the banking and insurance sectors have…
Egypt’s banks brace for change
As Gulf banks grapple with squeezed margins, low interest rates and over-banking, Egypt offers the opposite: high interest rates, low…
Cutting Through the Noise
Covid continues to dominate headlines and mind space for most of us albeit in different ways. India continues to tread…
Saudi Arabia introduces Arab world's first plastic banknote
Saudi Arabia has become the first Arab country to make and circulate plastic banknotes. The Saudi Arabian Monetary Agency announced…
Majority of UAE bank customers will switch banks for better offers
Majority of bank customers in the UAE are willing to switch to banks that meet their needs according to a…
NBK Sponsors LOYAC’s “Career Ready” Program
As part of NBK’s strategic partnership with LOYAC and continuous interest in the development of the youth, NBK sponsors LOYAC’s…
Stakeholder capitalism – what is it, and how can it help the Middle East and North Africa?
Even before COVID-19 there was a growing buzz around stakeholder capitalism - the idea that a wide group of people,…
Why the rich and the famous invest in the UAE
The UAE, especially Dubai, continued to woo high net worth individuals (HNWIs) as another 1,300 millionaires made the emirate their…
What’s the number one priority of the Great Wealth Transfer for millennials?
Topping up pension pots is the number one priority for millennials – who will be the beneficiaries of the greatest…