Cash in circulation outside UAE banks rises by $4.4bln in 2020
The volume of cash circulating outside the UAE banks increased by AED 16.5 billion in 2020, bringing the cumulative balance…
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Open banking can transform payments scene in Saudi Arabia
With open banking going into effect next year in Saudi Arabia, incumbent banks may lose their tight control of customer…
Who’s Who: Tareq Al-Sadhan, CEO of Riyad Bank
Tareq Al-Sadhan has been president and CEO of Riyad Bank since April 2019. Before that, he served as the bank’s…
Growing Digital Divide in the Workplace is Forcing Employers to Rethink the Ways They Communicate with Employees
In March 2020, the COVID-19 global pandemic forced countless employers around the globe to send their non-essential employees home. Few…
Dukhan bank enhances its corporate digital services
Remote Deposit Capture (RDC) terminals Online trade system services Dukhan Bank has continues to pursue its efforts to enhance its…
UAE market liquidity up $362mln as upbeat investors look past COVID-19
Liquidity rush saw UAE's trading volumes exceed AED1.33 bn by the end of Tuesday's session, with Abu Dhabi and Dubai…
Islamic finance to continue rising in 2021: Moody's
Islamic banking, bonds and insurance are set to benefit from supportive government policies in many countries, as well as strong…
PIF’s Sanabil Investments to launch Saudi startup program
Sanabil Investments, a Riyadh-based investment firm wholly owned by the Public Investment Fund, has entered into partnership with Californian venture…
Roland Berger promotes 35 consultants in the Middle East
Global strategy consulting firm Roland Berger has announced a record number of promotions in the Middle East. With 2,400…
OABC hosts key session for senior executives in Oman
In line with its mission to update, inform, and connect Oman's business community, the Oman American Business Centre hosted 'Workforce…
Middle East's M&A market bucks global trend to grow by 6%
Despite a 9% contraction in global merger & acquisition (M&A) activity last year, the Middle East remained resilient to clock…
UAE BaaS provider NymCard launches fully public APIs for MENA
NymCard, funding, Abu Dhabi, APIs, MENA, open bankingAbu Dhabi-based banking-as-a-service (BaaS) FinTech NymCard, has announced the launch of its new…