Saudi Arabia: 95 bank branches close in last year
Saudi banks closed 95 branches in various regions of the Kingdom in the last year, according to Saudi Central Bank.…
Regulation, Risk & Compliance
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Matrix launches first Abu Dhabi-regulated virtual assets trading platform
Matrix, a virtual assets trading platform serving investors around the world, launches as the first regulated virtual asset Multilateral Trading…
Bank Alfalah posted market leading growth in deposits and consumer lending – profit up by 24%
The Board of Directors of Bank Alfalah Limited in its meeting held on August 25, 2021, approved the Bank’s unaudited…
As Artificial Intelligence becomes more mainstream, ESG considerations are a key part of ensuring responsible adoption
ACCA (the Association of Chartered Certified Accountants) and Chartered Accountants Australia and New Zealand have revealed in a new report…
Jordan gov’t acquaints banking sector with economic recovery priorities
The government on Wednesday presented its priorities for economic recovery between 2021 and 2023 to members of the banking sector…
LE 2.7M stolen from clients of Banque Misr
Clients of Banque Misr were subjected to 13 incidents of theft by unknown persons, with a total value of LE…
Emirates NBD collaborates with DMCC to boost Dubai diamond industry finance
Emirates NBD has announced plans to increase financing available to the Dubai diamond industry and double its diamond financing book…
Net-zero emissions and financial industry dilemmas
With the clamor for a net-zero global emission to be implemented quickly, pity the financial sector players who find themselves…
EBRD appoints new Head of Lebanon
The European Bank for Reconstruction and Development (EBRD) has appointed Khalil Dinguizli as the new head of the Bank’s operations…
World Government Summit and Strategy& launch Urban Resilience Tool
The World Government Summit (WGS) has teamed up with Strategy& in the Middle East to develop the ‘Urban Resilience Tool’,…
Introspect Capital appoints Shariyah Review Bureau
DIFC (Dubai) based Introspect Capital has received approval from the DFSA to conduct Financial Services through an Islamic Window. Introspect…
Mubasher Capital targets EGX listing within 3 years: Vice Chairperson
Ehab Rashad, Vice Chairperson of Mubasher Capital, told Daily News Egypt that the company planned to debut on the Egyptian…