World’s first digital Islamic bank launched
The Zurich Capital Funds Group has announces the launch of a digital Islamic bank compatible with Islamic law, which provides…
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Bank of Cairo announces new expansion step on the continent
Bank of Cairo is planning to expand part of its activities in Africa and the Middle East, according to local…
NBK-Egypt launches new corporate banking solution
The NBK was founded in 1952 as the first indigenous bank and the first joint-stock company in Kuwait and the…
Dubai-based Oman Insurance gets 'positive' rating from S&P
Dubai-based Oman Insurance (OIC) has gained a "positive" outlook rating from S&P following a positive performance. The rating could…
Sharjah Insurance's shareholders approve 7% dividends for 2020
The ordinary general meeting (OGM) of Sharjah Insurance Co has approved distributing cash dividends, equivalent to 7% of the paid…
Sharjah Islamic Bank records 7% higher profits in Q1-21
Sharjah Islamic Bank (SIB) reported a 6.8% increase in net profits attributable to the shareholders to AED 164.2 million during…
UAE's first fully-integrated digital bank forms founding committee
Al Maryah Community Bank, UAE first fully integrated Digital Bank, has announced today the formation of its founding steering committee…
Citigroup to exit retail banking in 13 markets, including Bahrain
Citigroup plans to exit retail banking in 13 markets across Asia and the Europe, Middle East and Africa region. …
Four reasons why investing is for everyone
The Covid-19 pandemic has seen a massive shift in our outlook towards wealth. While people were affected by jobs losses…
UAE’s strong economy supports banking sector outlook
The UAE has a wealthy economy with strong fiscal and external positions that supports the fundamentals of its baking sector,…
Consolidation spree in the Saudi insurance sector continues
It has been over a year since I addressed this important trend in the Saudi insurance sector. Since then, companies…
Emirates NBD and Etihad Credit Insurance sign agreement to ease bank's businesses access to trade finance
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and Emirates NBD have signed an agreement that will improve…