UAE’s loan growth and liquidity pick up pace in Q3-2020
Total credit in the UAE increased 0.8 per cent quarter-on-quarter, reaching Dh1.8 trillion at the end of September. On an…
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A roundup of BCG's Middle East CEO and Leaders Forums
The invitation-only event was opened by Joerg Hildebrandt, a German-origin senior partner at Boston Consulting Group and Head of the…
KPMG leaders on Saudi's Q3 banking sector performance
Despite the Covid-19 induced downturn, the lending space in the Saudi banking sector has continued to book growth, in particular…
Stantec names Anas Kassem as Head of Middle East team
Anas Kassem joins the Canada-listed firm from rival WSP, where he spent over three decades across a range of roles…
New regulation ensures financial sustainability for insurance companies
The Capital Market Authority (CMA) has issued a new organisational regulation to organise the investment of the insurance companies’ assets…
How will COVID-19 change the GCC small business landscape?
We look at three aspects of the COVID-19 crisis that impact SMEs. Salesforce recently published the fourth edition of…
Turkish banking industry loans shrink slightly after central bank rate hikes
Turkish banks’ total loans shrunk slightly in the week ending Dec. 4 after the central bank hiked interest rates and…
Afro-Asian insurers federation selects Medmark as 'Best Customer Service Provider' of the year
Medmark has been recognised as 'Best Customer Service Provider' of the year by the Federation of Afro-Asian Insurers & Reinsurers…
Investcorp appoints head of private wealth
Investcorp has appointed Yusef Al Yusef as the head of Private Wealth business in the GCC, progressing from his previous…
Global Islamic finance assets expected to reach $3.69 trillion in 2024
Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released…
Emirates Islamic launches digital banking platform
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched “businessONLINE” a digital business banking platform,…
BNY Mellon Wins Global Custodian of the Year at the Global Investor MENA Awards
BNY Mellon was named Global Custodian of the Year at the Global Investor MENA Awards 2020. The awards, in…