Abu Dhabi's ADQ lines up banks for $1 bln Louis Dreyfus acquisition loan – sources
Abu Dhabi's state-owned ADQ haslined up a small group of banks for a loan of about $1 billionto back its…
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Qatar fintechs offer innovative solutions to customers
Innovative and cutting-edge fintech ideas by startups and entrepreneurs in Qatar are playing a key role in cementing Qatar’s position…
BBK records $34.48m profit for Q4
Bahrain's BBK bank achieved a net profit attributable to the owners of BD13 million ($34.48 million) for the fourth quarter…
Consortium of companies to establish Saudi digital bank
One of the companies listed in the Saudi stock market announced that it would be a founding shareholder as part…
FAB acquires Egypt FRA custody license
First Abu Dhabi Bank has obtained a custody license in Egypt from the Financial Regulatory Authority, Egypt’s Capital Market regulator. …
Qatar Islamic Bank, HSBC sign $100mln deal
Qatar Islamic Bank, the country’s largest sharia-compliant lender by assets, has signed an Islamic trade facility worth $100 million with…
HSBC completes first Islamic trade facility in Menat at $100m with QIB
HSBC Bank Middle East has completed its first Islamic trade facility in the Middle East, North Africa, and Turkey (Menat)…
Another milestone for FinTech Saudi
As we head towards a completely digitized, transparent and decentralized financial system, soon Saudi Arabia will implement inter-bank instant money…
Commercial Bank of Dubai goes live on UAE KYC Blockchain Platform
Commercial Bank of Dubai has announced that it is now live on the UAE KYC Blockchain Platform. Launched in…
National Bank of Bahrain announces launch of ‘Joint Housing’ product with Eskan Bank
In support of the Kingdom of Bahrain’s strategic direction to provide housing solutions for its citizens, the National Bank of…
Saudi Central Bank to launch new 24/7 instant payments system
The Saudi Central Bank (SAMA) on Thursday announced the launch date for a new electronic instant payments system designed to…
Qatar's 55% consumers willing to live more sustainably: Report
Public awareness concerning the mounting challenges stemming from global warming is reassuringly high in Qatar as the government, organizations, and…