Egyptian banks' assets, reserves abroad jump 90% in 7 months
The Egyptian banks' assets and reserves abroad jumped 90% by the end of November to record $19.2 billion compared to…
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Five key stages for developing the tourism sector across the Middle East
Despite the disruption of the Covid-19 pandemic, tourism remains a significant long-term opportunity for the GCC countries and Egypt. …
Citigroup appoints first female head of Middle East and North Africa operations
Citi has announced that Elissar Farah Antonios as Head of the MENA Cluster. As MENA Cluster Head, Elissar will assume…
Bahraini ministry plans to replace expats by 2024
Bahrain’s Ministry of Works and Municipality Affairs plans to replace its foreign employees with citizens by 2024, a senior official…
Egypt promotes comprehensive plan to confront overpopulation
Egypt has recently adopted a comprehensive strategy to control the population growth that poses huge pressure on the country’s resources…
Cyber risk is new threat to financial stability: IMF
The number of cyberattacks worldwide has tripled over the last decade and financial services continue to be the most targeted…
Is Bahrain the next big Middle East advice market?
There is a vast sum of wealth in the Middle East and, subsequently, a need for a strong financial advice…
ADIA looks to Africa for new investment opportunities
Abu Dhabi Investment Authority, Abu Dhabi, is exploring opportunities for investment in Africa and continues to view China and India…
Sanguinity
Global Macro and Equities As Covid19 vaccine inches closer to reality for millions of people, it feels like normalcy…
Is 'buy now, pay later' the future for Gulf digital payments?
Tabby, the UAE and Saudi-based fintech provider, has announced that it has raised Series A financing of $23 million in…
Under threat from digital challengers, Middle East banks revamp processing platforms
Cash is fading in the Middle East, and traditional banks are turning to fintechs to expedite upgrades before challenger banks…
Global Islamic Finance Assets Expected to Hit $ 3.69 trillion in 2024
Malaysia, Indonesia, Bahrain, UAE and Saudi Arabia ranked as the top five developed countries globally in Islamic Finance; Indonesia jumped…