Mastercard, QDB partner to accelerate innovation among Qatar fintech community
Mastercard has partnered with Qatar Development Bank to support the development of the fintech industry through the Qatar Fintech Hub…
Regulation, Risk & Compliance
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Funding boost for Turkish businesses as EBRD lends to Isbank
Loan of US$ 54 million to boost bank lending to Turkish businesses amid volatility Greater access to finance helps companies…
Egypt to establish $2bn investment fund for financial services, digital transformation
The Egyptian government has announced plans to establish a $2 billion investment fund to help boost the non-banking financial services…
Central Bank of Egypt: Inflation continues to decline
Central Bank of Egypt Governor Tarek Amer affirmed in a meeting with Egyptian Prime Minister Moustafa Madbouly that the country…
WAIPA and World Bank Join Forces for Stronger Investment Promotion Agencies
Fahad Al Gergawi, President of the World Association of Investment Promotion Agencies and CEO of Dubai FDI, an agency of…
Lebanon central bank head says he won’t quit despite rumors amid crisis
Lebanon’s central bank governor, who has been in the post since 1993, said he had no plan to resign despite…
UAE launches smart anti-money laundering system 'Fawri Tick'
The UAE has launched ‘Fawri Tick’ - a smart anti-money laundering tool. The system integrates and aggregates various Anti-Money…
UAE public-sector lending gains, private sector contracts
Public-sector credit growth remains dominant, according to UAE monetary statistics for June, with funding support flowing primarily to the government…
Consolidation of the Saudi financial sector in the post-coronavirus era
The financial sector in Saudi Arabia has four segments — banks, insurance companies, finance companies, and authorized persons. The…
FAB may restart talks on Bank Audi's Egypt unit
First Abu Dhabi Bank (FAB), the UAE's largest lender by assets, may restart talks to acquire the Egyptian business of…
Sultan Al Jaber named chairman of Emirates Development Bank
The UAE Cabinet, headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE…
Kuwait's KIB denies takeover rumours
Kuwait International Bank (KIB) has denied claims that it is to be imminently taken over, saying the rumours are ‘incorrect…