Aramex appoints acting Chief Operating Officer
Aramex has announced the appointment of Othman Aljeda as the Company’s Acting Chief Operating Officer, replacing Iyad Kamal, who will…
Retail Banking
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Let’s speed up digital change at banks
While our current global economic situation has been expressed — both metaphorically and visually — as akin to falling off…
Beirut’s bank chief comes under fire over crisis
Touted as the guardian of Lebanon’s monetary stability, he has steered the country’s finances for nearly three decades through post-war…
Banks in Saudi, emerging markets will see spike in bad loans- S&P
Banks in Saudi Arabia and more than a dozen other countries are likely going to see their profits deteriorate and…
Banks need to focus on sustainability, ESG amid COVID-19 – study
Banks should use the COVID-19 lockdown to refocus their strategies on sustainability including environmental, social, and governance (ESG), a recent…
Legal fraternity in Qatar advocate increased Pro Bono hours to keep businesses afloat
Legal fraternity in Qatar has thrown its weight behind the government as they advocate increased Pro Bono hours to keep…
ANALYSIS-Turkish coronavirus slump could prompt private bank retreat
Financial fallout from the coronavirus crisis could hasten mergers or retreats by some of Turkey's private and foreign-owned banks, ceding…
Egyptian government prepares new economic stimulus package
The Egypt government has introduced a new economic stimulus package in light of the economic setbacks caused by the coronavirus…
Dubai is building a city just for online shopping
E-commerce is the future of all things retails. And those he did not believe in the former now stand corrected…
Leumi Reports First Quarter 2020 Results
Net loss in the first quarter of 2020 totaled NIS 232 million ($65 million). The loss stems from a substantial…
Fitch revises Burgan Bank Turkey's outlook to negative
Fitch Ratings has revised the outlook on the long-term foreign-currency issuer default ratings (LTFC IDRs) of nine Turkish foreign-owned banks,…
Sheikh Saleh Abdullah Kamel, Chairman and Founder of Al Baraka Banking Group (“ABG”), passed away
Sheikh Saleh is widely acknowledged and revered internationally as a pioneer of Islamic banking & finance and Participation banking. He…