Retail Banking

Awards and Recognition

Bank Muscat and Newgen Software Win Award for the Best Lending Implementation in the Middle East

December 7, 2020

Bank Muscat, have recognized for the 'Best Lending Implementation in the Middle East' at The Asian Banker Middle East and…

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Regulation, Risk & Compliance

Commercial Bank signs agreement with ECGC

December 7, 2020

The Commercial Bank has entered into a partnership agreement with the Education City Golf Club (ECGC), which is also the…

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FinTech

Codebase unveils Digibanc SaaS to fast track digital banking adoption

December 4, 2020

Dubai-based Codebase Technologies, a digital banking solutions provider, announced today the launch of its Digital Banking as a Service platform…

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Hedge Funds & Alternative Investments

Saudi PIF seeks investment flexibility with $5 billion-plus loan

December 4, 2020

The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, is in talks with bankers to raise a loan of between…

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Regulation, Risk & Compliance

Saudi Arabia and UAE Declare Central Bank Digital Currency Pilot a Success

December 4, 2020

The Saudi Central Bank and the Central Bank of the United Arab Emirates say a dual Saudi and UAE central…

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FinTech

Emirates Payment Services launches payment and credit app Empay in Dubai

December 4, 2020

The Emirates Payment Services has announced the launch in Dubai of Empay, a contactless instant credit and payment service.  …

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Awards and Recognition

The Banker’s Bank of the Year Awards 2020

December 3, 2020

2020 has been an incredibly tough year, as the Covid-19 pandemic brought the world to a standstill. The difficult operating…

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Hedge Funds & Alternative Investments

Trust is a rare asset for Iraqi banks

December 3, 2020

The bustling streets of Iraq’s biggest cities are lined with private and public banks that promise investment and credit. But…

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Executive Moves

Barwa appoints Saleh al-Sharafi as acting CEO of Waseef Company

December 3, 2020

Barwa Real Estate Group has announced the appointment of Engineer Saleh Abdullah al-Sharafi as acting CEO of Waseef Asset Management…

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Property & Real Estate

Saudi Arabia: Real Estate Loans to Individuals Reach 73% in 10 Months

December 3, 2020

The Saudi Central Bank said on Tuesday that private banks have provided nearly 97 percent of the value of real…

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Awards and Recognition

QIB recognised as ‘Bank of The Year: Qatar’ for second time

December 3, 2020

Qatar Islamic Bank (QIB), the largest private lender in the country, has been recognised for the second time as the…

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FinTech

Why Do Saudi Arabia and UAE Want a Common Digital Currency?

December 3, 2020

Such an experiment with the creation of a single digital currency between states would be the first in the world.…

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