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Comment & Analysis

Digital transformation: What are the key challenges that regional banks continue to face?

January 10, 2021

Banking in the Middle East is undergoing a digital transformation. Today, businesses are increasingly expecting faster, more streamlined and efficient…

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Regulation, Risk & Compliance

Alexbank inks MoU for Upper Egypt farmers

January 8, 2021

Alexbank signed a memorandum of understanding (MoU) with the United Nations World Food Programme (WFP) to support small-scale farmers in…

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Legal

Ashurst advises on SAR 2 billion (USD 540 million) acquisition finance for the privatisation of Saudi Arabia's First Milling Company

January 8, 2021

Global law firm Ashurst has advised on the SAR 2 billion (USD 540 million) Shariah compliant financing provided by Alinma…

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Comment & Analysis

ABC Bahrain generates over 1.6 million business referrals during 2020

January 8, 2021

The portal, which has now established itself as the leading business reference resource for anyone looking for contact and business…

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Comment & Analysis

Qatar banks' funding, liquidity profiles to get boost from end to blockade: Fitch

January 8, 2021

Qatari banks' funding and liquidity profiles are expected to benefit from the end to the blockade on Qatar, according to…

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Hedge Funds & Alternative Investments

Abu Dhabi’s Top Bank Follows Dubai Rival to Dollar Bond Market

January 8, 2021

First Abu Dhabi Bank PJSC followed its Dubai rival to the debt market by starting to market dollar-denominated Islamic bonds…

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Islamic Finance

Central Bank of Bahrain Sukuk Al-Ijara oversubscribed

January 8, 2021

The Central Bank of Bahrain has announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has…

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Hedge Funds & Alternative Investments

Egypt’s forex reserves hit 9-month high

January 8, 2021

Egypt’s net foreign reserves rose to $40 billion in December 2020, the largest since the outbreak of the coronavirus disease…

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Hedge Funds & Alternative Investments

Oman Banks Get More Flexibility in Financing Stock Investments

January 8, 2021

Oman’s central bank said it approved a recommendation that would provide more flexibility for banks in financing stock market investments.…

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Hedge Funds & Alternative Investments

Oman to float OMR150mn worth of bonds

January 8, 2021

Oman’s central bank has announced issue of government development bonds to the tune of OMR100 million. The issue, which will…

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Comment & Analysis

Fitch sees Qatar banks benefiting from Saudi Arabia fund inflows

January 8, 2021

Saudi Arabian clients are expected to start shifting some of their funds back to Qatar after four Arab states agreed…

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FinTech

Ovamba & Singularity launch TradeTech partnership in Egypt

January 8, 2021

TradeTech innovator, Ovamba Solutions and financial services provider, Singularity Finance have partnered to deliver financial inclusion and growth capital to…

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