Saudi Arabia's ICD to introduce blockchain-based Islamic banking solutions
The Saudi-based Islamic Corporation for the Development of the Private Sector has penned an agreement with a Tunis-based fintech company…
Regulation, Risk & Compliance
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Emirates NBD's Liv. signs long-term innovation services deal with Australian payments Fintech, Verrency
Global payments innovation service Verrency is enabling payments innovation for the fastest growing bank in the United Arab Emirates, Liv.…
Dismal: Newbie lenders struggle as loss streak continues
New entrants into the banking sector are struggling to get a footing in the Kenyan market as they continue with…
Abraaj fall from grace prompts investors to sharpen due diligence
Investing in emerging market private equity is about to become that bit tougher. Abraaj, once the largest private equity…
Saudi's AHAB turns to new bankruptcy law to settle with creditors
Conglomerate Ahmad Hamad Algosaibi and Brothers (AHAB) has become the first company to file for a settlement under Saudi Arabia’s…
StanChart likely to axe Dubai, Singapore jobs amid cost reductions
Standard Chartered Plc is cutting jobs in Dubai and key markets including Singapore as it looks to curb expenses, people…
QCB not to interfere in local banks' merger talks: Governor
Qatar Central Bank will not “interfere” in the negotiations between local banks for their possible merger, said HE the QCB…
Qatar-UK talks commit to boosting trade
The second session of the Qatar-UK Joint Ministerial Commission on Economic, Commercial and Technical Cooperation kicked off here yesterday, to…
The asset quality of GCC banks is quite sound: Al-Marzouq
Kuwait Finance House KFH’s Chairman Hamad Al-Marzouq said that the overall financial position of the GCC banks is positive with…
Qatar seeks to strengthen trade ties with UK
Qatar is seeking to strengthen the "special" ties with the UK to bolster bilateral trade and investments and enhance co-operation…
Latest UAE visa shake-up opens window for wealthy investors
Investors as well as investment advisers are going to have a wider scope in the United Arab Emirates with the…
QFC honours exceptional firms at inaugural ‘Qatar Business Awards’
The Qatar Financial Centre has hosted its 17th annual networking event and the inaugural ‘Qatar Business Awards’ that brought together…