JCB in pact with Riyad Bank to expand in Saudi Arabia
JCB International has entered an acquiring partnership with Riyad Bank to enable acceptance of JCB cards at merchant terminals and…
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FAB posts Q3 net profit up 4% at $680m
First Abu Dhabi Bank has reported a net profit of AED2.5 billion ($680 million) for the third quarter (Q3) of…
Who is funding startups in the UAE and region?
Have a good business idea and can back it up with a well-devised plan? It is then likely you will…
Amazon consultancy Podean launches in the Middle East
From its Dubai headquarters, Podean will help brands across the Middle East make the most of the world’s biggest ecommerce…
Inas Abdel Moneim named Managing Director of 138 Pyramids fund
Abdel Moneim is to spearhead the company’s service expansion, and help portfolio startups connect to corporates for further growth. …
Despite Covid-19, why is M&A booming in these regions?
During the third quarter of the year more than $1trn of M&A transactions were conducted globally, according to statistics from…
Here’s how European private bank LLB is looking to grow in the GCC
One of the oldest financial institutions in Europe, Liechtensteinische Landesbank (LLB) has been in business for almost 160 years. …
Major overhaul of UAE financial services regulatory framework announced
The powers and responsibilities of the Insurance Authority in the United Arab Emirates (UAE) have been assumed by the country's…
UAE's largest bank sees profits dip amid 'unprecedented' market conditions
First Abu Dhabi Bank (FAB), the UAE's largest lender, has reported net profits of AED2.5 billion ($682 million) for the…
NBB reports $37.1m Q3 net profit
National Bank of Bahrain (NBB) has reported a 12.5% decrease in its net profit attributable to equity shareholders to BD14…
Report indicates an increase in banking fraud in Africa and Middle East region
Back in August, Kaspersky reported an increase in targeted phishing attacks in the African region with over 2 Million detected…
Gartner Says Finance Leaders Who Avoid Four Cost Management Mistakes Will Help Their Organizations Emerge Stronger From the COVID-19 Crisis
Many finance leaders are currently at a high risk of making four common mistakes that could negatively impact their ability…