Islamic banking gains prominence in the UAE
Islamic banking is gaining traction in the UAE in terms of progress, penetration and perception according to the latest Islamic…
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Saudi banks’ outlook hurt by difficult operating environment
Faced with tough economic conditions following the sharp fall in oil prices and coronavirus-related economic disruptions, leading Saudi banks are…
Islamic banks urged to push digital services as UAE demand dips
Islamic banks in the UAE are being urged to double up on their digital transformation plans as the demand for…
New Research: Over 40% of Companies in MENA Facing Regulatory Investigations Due to Poor Integration of Technology
A landmark survey of more than 1500 compliance leaders around the world including 300 in the Middle East and North…
RAK Finance Department, Emirates Auction strengthen cooperation in organizing online auctions
The RAK Finance Department recently signed a partnership with the Emirates Auction, the leading company in the field of management…
Bahrain awards US $2.7 billion worth of contracts in first nine months of 2020
Continued high value of tenders in the construction sector indicative of Government focus on multi-billion dollar infrastructure project pipeline …
Business Excellence Awards: RAK Bank's Al Hamra Branch wins coveted recognition
Rakbank has been recognised yet again under the Dubai Economic Department’s excellence programme, Dubai Service Excellence Scheme (DSES). The much…
ADIB Securities reports strong US share trading amid market volatility
ADIB Securities, has reported strong transaction volumes on its US trading platform during the first 9 months of 2020 compared…
DIFC FinTech Hive continues to lead the innovation agenda in financial services through its latest digital cohort
DIFC FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region…
UAE banks' assets up 7.6% at Dh3.25T
Total assets of banks operating in the UAE increased by 7.6 per cent year-on-year at the end of September and…
Outlook 2021: Challenging outlook offers varied picture for GCC banks
As we are heading towards the end of a whirlwind year, GCC banks still have a long way to go…
The Arab Monetary Fund reveals vision on the future of open banking
The Arab Monetary Fund (AMF), in collaboration with the Arab Regional Fintech Working Group, published a report titled “A Vision…