Deposit decline begins to hurt Saudi banking sector liquidity
Saudi Arabia’s banking sector is expected to face further squeeze on liquidity as banks face sustained decline in deposits aggravated…
Regulation, Risk & Compliance
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Dubai’s Residential Real Estate Market: Risks And Rewards
Dubai’s residential real estate market continues to face a number of headwinds. These headwinds include oil prices well below recent…
Look Out For The Little Guys After Big Abu Dhabi Banks Merge
The merger of National Bank of Abu Dhabi and its closest rival in town, FGB, may be a great thing…
Six UAE and global business stories to keep an eye on this year
A chance to take a breath mid-way through 2016 and it feels like it has been an unprecedented six months. …
News from around the EMEA region, July 7.
Hotel industry and travel news from around the Europe, Middle East & African region: Impact of BREXIT on the European…
UAE, Russia, Egypt agree details of $500m investment fund
The first phase of a Russian-Egyptian-UAE investment fund will be seeded with $500 million following an agreement between the parties,…
Paladion partners with Noor Bank for ISO certifications
Paladion, a specialized information risk-management provider, announced that the company has partnered Noor Bank, A leading Shariah-compliant bank in…
Burgan Bank picks five for bond
HSBC, Emirates NBD, National Bank of Abu Dhabi, Standard Chartered Bank and Société Générale will manage the deal, according to…
World Bank and AFDB reports put CRCICA in line with international standards
An official at the Cairo Regional Centre for International Commercial Arbitration said that two confidential reports from the World Bank…
Bok International in Bahrain goes live with iMAL Islamic core banking system
The Islamic core banking system iMAL, which was chosen over competitors’ systems, will now launch and accelerate the growth of…
Egyptian pound facing another devaluation as dollar shortage persists
Egypt’s central bank Governor Tarek Amer said the focus on defending the pound over the past five years was a…
Commercial Bank of Dubai closes $450 million loan
Commercial Bank of Dubai has closed a $450 million loan that will be used for general business purposes, the lender…