UAE banks target Lebanese peers' units in growing Egyptian market for M&A
Lebanon's ailing banks must sell their prized Egyptian subsidiaries, with Gulf lenders the most likely buyers as they seek to…
Comment & Analysis
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Abu Dhabi's Khalifa Fund launches 'SME Rating' classification
The Khalifa Fund for Enterprise on Development has come up with a digital classification system that will provide SMEs with…
Managing the evolving compliance landscape facing multinationals
Find out how global and local trends in rules, regulations and penalties affect your business We take a closer…
Abu Dhabi Commercial Bank to exit operations in China
Abu Dhabi Commercial Bank will exit its operations in China, as the China Banking and Insurance Regulatory Commission has approved…
UAE consumers expect a cashless society by 2030
Almost two-thirds of people in the UAE (64% in the UAE and 64% globally) expect the country to go fully…
Reg BI and Beyond: Your September Update
The UAE is on a fast track in adopting digital banking and cashless payments with the pandemic accelerating the digital…
Fintech Professional Claims that Digitization of the UAE Economy is Being Led by Individual Consumers, Not Service Providers
Sridhar Iyer, the Executive Vice President and Head of Mashreq Neo (the digital banking division launched in 2017), recently noted…
Open Banking set to transform finance in the GCC
Open Banking is a series of reforms that drive competitiveness in the banking sector. By driving change in how…
DIFC FinTech Hive rolls out AccelerateHer programme to back women in finance sector
Dubai International Financial Centre’s FinTech Hive, the region's first and largest financial technology accelerator, has begun the second edition of…
Sidra Capital's Mutajara USD Fund continues to show strong performance
Sidra Capital’s US dollar-denominated Mutajara Fund has been successfully achieving its targets and is on course to deliver returns in…
Saudi Arabia's Arbah Capital buys US portfolio
Arbah Capital has acquired a $43 million diversified portfolio of five US industrial assets in partnership with Brennan Investment Group…
Italian group Intesa Sanpaolo increases stake in Bank of Alexandria to 80%
The Bank of Alexandria has said its Italian majority owner, the Intesa Sanpaolo banking group, has re-acquired shares previously owned…