Saudi Payments and Discover sign network alliance agreement
Discover and Saudi Payments signed a strategic agreement that will increase the global acceptance footprint for both organizations. The…
Retail Banking
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A deep dive into Turkey’s latest credit boom
Turkey’s credit boom that started towards the end of last year has been turbocharged in recent months and this should…
Real estate payments using Bitcoin on the rise in Dubai
The use of Bitcoin for real estate transactions is rising in Dubai, but it takes a complex system of middlemen…
Al Salam Bank-Bahrain announces its virtual internship programme
An intensive career planning and development session, in partnership with the Bahrain Institute of Banking and Finance, is the…
Saudi banks witnessed improving profitability in Q1 2020 – A&M
Profitability at Saudi Arabia’s top banks improved during the first quarter of the year. However, the sector will face challenges…
FAB Partners With Mohre to Deliver a Unified Payment Solution for UAE Domestic Workers Fully Integrated With Payit
First Abu Dhabi Bank, the UAE’s largest bank and one of the world’s safest financial institutions, has signed an agreement…
UAE banks can withstand shocks of any size, says regulator
The United Arab Emirates Central Bank said on Tuesday the country’s banking sector can withstand any scale of shock as…
Kuwait banks warn of millions in losses as loan repayments are delayed
A number of Kuwaiti banks have warned of millions of dollars in losses due to delays of repayments of loans…
Islamic Development Bank Group to respond to COVID-19 with USD 2.3 Billion package and to launch three supportive and robust initiatives in partnership with UAE Ministry of Economy and AIM
A crowd of over 1000+ engaged participants comprising of exceptional entities, seasonal practitioners, Government officials, individual investors, business associations, entrepreneurs,…
GCC banks’ profitability to decline by 20% this year: Moody’s
Twin challenges from the coronavirus outbreak and the drop in oil prices will severely dent profits of GCC banks this…
UAE central bank to launch overnight deposit facility
The United Arab Emirates Central Bank will introduce a new overnight deposit facility as of July 12, it said on…
Wirecard Probe Expands with Arrest of Head of Dubai-Based Subsidiary
German prosecutors said on Monday they had arrested the head of a Dubai-based subsidiary of Wirecard, widening the circle of…