Turkish banks may hit profit milestone in 2021 on market-friendly policies
A key measure of Turkish bank profits could grow more rapidly than inflation next year for the first time since…
Regulation, Risk & Compliance
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How Dh50 billion Central Bank stimulus extension will boost UAE economy
The Central Bank of UAE’s decision to extend the duration of the Zero Cost Facility (ZCF) (funds given to banks…
Default Resolution Regimes Untested in Most Islamic Finance Markets
The economic volatility caused by the coronavirus pandemic highlights the need for an effective bankruptcy resolution system in most Islamic…
COVID-19 speeds up Middle East banks’ technology transformation
Banks in the Middle East and around the world have been racing to catch up with the ever-evolving technological trends…
UAE central bank extends stimulus scheme to stem COVID-19 impact
The United Arab Emirates central bank said on Monday it had extended to June 2021 the applicability period of key…
Digital wealth firm launches in the UAE
Singapore-based Stashaway has launched in the Dubai International Financial Centre after receiving an asset management licence from the Dubai Financial…
CIB’s financial position unaffected by initial audit report: Chairperson
Sherif Sami, Chairperson of the Commercial International Bank – Egypt, affirmed that the bank’s financial position remained unaffected by the…
Reinforce Financial Policies To Tackle COVID-19 Repercussions Says Egyptian President
Egyptian President Abdel Fattah El-Sisi on Monday said financial measures should be strengthened to deal with the economic repercussions of…
Saudi government signs supply chain finance agreements with three banks
Saudi Arabia’s finance ministry signed supply chain finance agreements with three commercial banks, Saudi state news agency SPA said on…
Digital transformation and cloud security top of mind for enterprise
In the era of the coronavirus pandemic, digital transformation and cloud security are the chart-topping topics enterprises want to know…
ACCA and Al Tamimi & Co. sign a formal partnership agreement
ACCA (the Association of Chartered Certified Accountants) and Al Tamimi & Co have signed a formal partnership agreement which signals…
KPMG: Saudi Arabia ‘the next frontier’ for F&B operators
An upcoming “generational shift” means that Saudi Arabia “is still the next frontier in the region for F&B operators”, according…