Provenir expands into Turkey with Gini Finance partnership
Provenir, has announced a new partnership with Istanbul-based consultancy firm, Gini Finance, to support further market expansion in Turkey. …
Regulation, Risk & Compliance
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Bahrain, Israel Ink New Cooperation Agreements
The Kingdom of Bahrain and the State of Israel signed three Memorandum of Understanding and a joint declaration, covering technical…
The UAE’s Wages Protection System (WPS) explained
In 2009, the UAE introduced the Wages Protection System (WPS), a mechanism that ensures that those working in companies in…
Why Do Saudi Arabia and UAE Want a Common Digital Currency?
Such an experiment with the creation of a single digital currency between states would be the first in the world.…
KPMG: Saudi banks on the journey of customer endurance based on strong capital and liquidity base
KPMG, has published the latest edition of its “Banking Pulse,” a quarterly report series, highlighting the latest developments in the…
Lebanon central bank can keep subsidies for only two more months, says governor
Lebanon's central bank can keep basic subsidies for only two more months and the state should come up with a…
QFC is ideal entryway for US firms to access Qatar innovation ecosystem: Al-Jaida
Qatar offers a range of new business expansion and innovation opportunities to companies from around the world, especially those from…
Saudi central bank governor expects more competition, growth in fintech
The Saudi Central Bank (SAMA) expects more competition and growth in the new sectors such as financial technology (fintech), as…
DIFC Fintech Hive Signs Landmark Agreement with Israel’s Fintech-Aviv
DIFC FinTech Hive, the largest financial technology hub in the Middle East, Africa and South Asia (MEASA) region, part of…
Lebanon's Blom Bank enters new talks to sell Egypt business to ABC Bahrain
Lebanon's Blom Bank on Wednesday announced that it has entered into exclusive discussions with Arab Banking Corporation (Bahrain) to potentially…
Climate change – The low-carbon transition
Tackling the next emergency As the global economy recovers from the worst of Covid-19, world leaders are renewing efforts…
Investors in GCC Bank Additional Tier 1 Capital Face Contrasting Prospects
Decisions by two banks in Oman not to call their Additional Tier 1 (AT1) capital securities since the onset of…