UAE merges Insurance Authority with Central Bank
The sudden merger, which took many in the insurance sector by surprise, was confirmed via Twitter by Dubai's ruler, Sheikh…
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MENA’s open banking platform, Tarabut Gateway, launches in UAE
Tarabut Gateway, the MENA region’s first and largest regulated open banking platform, has launched in the UAE. The company…
Qatar-Owned Quintet Builds Family Office Unit With Key Hires
Qatar-owned Quintet Private Bank SA has made key hires from rival banks as it builds out a business to manage…
BENEFIT strategic partner of Bahrain central bank’s digital lab
BENEFIT, Bahrain’s innovator and leading company in Fintech and electronic financial transactions services, has announced its strategic partnership with FinHub973:…
Egyptian bank CIB says chairman stepping down
Commercial International Bank Chairman Hisham Ezz al-Arab is stepping down with immediate effect under orders from the central bank, which…
QDB launches "KHOTWA" programme to support retirees projects
Qatar Development Bank, in co-operation with the General Retirement and Social Insurance Authority launched the 5th edition of "KHOTWA" programme,…
Dubai logistics sector is key focus of emirate's new $136m support package
Logistics companies operating in Dubai are set to benefit from renewed financial support from the government after Sheikh Mohammed bin…
Saudi Arabia's STC hires banks for IPO of subsidiary -sources
Saudi Telecom Co has hired banks to arrange a potential initial sale of shares in its products and services development…
Saudi's Al Rajhi Bank reports 3% drop in third-quarter profit
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 3% drop in third-quarter net profit on Sunday, but…
Standard Chartered Named Best Renminbi Bank In The UAE For The Second Consecutive Year
Standard Chartered has been named the ‘Best Renminbi Bank’ in The UAE for the second year in a row by…
EY: MENA finance leaders agree that accelerating digital transformation is key to implementing agile finance operating models
According to the EY MENA Financial Accounting Advisory Services survey report, ‘As CFOs safeguard now, how can they reframe beyond?,…
Arab world’s lone growth outpost lures debt investors back
Foreign debt investors have flocked back to Egypt, reversing billions of dollars of outflows in spring sparked by the coronavirus…