More GCC banking mergers, PE investment deals looming, says expert
The GCC region is expected to see another round of bank mergers in the coming months, even as many private…
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Islamic Corporation for the Development of the Private Sector Completes Pricing for a 5-Year USD 600 Million Sukuk Issuance
The Islamic Corporation for the Development of the Private Sector, has announces successful completion of the pricing of a five-year…
Dubai based Fintech Rise Launches New Platform for Affordable Remittance or Cross-Border Payments
Dubai-based Fintech firm Rise has launched a new platform that allows expatriate workers to make low-cost or affordable remittance payments.…
Barwa Bank rebrands into Dukhan Bank, eyes ambitious business and digital transformation
Barwa Bank, has announced its rebranding into Dukhan Bank, effective October 2020. The announcement that was made on October…
UAE's listed companies are keeping close tabs on their expenses
In the view of tumultuous corporate climate in the UAE, investors should make more of an effort to scrutinize the…
SMEs, COVID-19 and impact investment for digitalization
“COVID-19 has put a lot of strain on our society and on economies around the globe. To help small…
Oman’s top banks see 34.2% decline in H1 profits: Report
A majority of Oman’s banks are feeling the impact of tightening operating conditions, according to a report by multinational professional…
Fitch revises Bank ABC’s outlook to stable
Bank ABC said that Fitch Ratings has revised its outlook to stable from negative, while affirming the Long-Term Issuer Default…
Latham & Watkins helps spin out Egypt’s new banking law
As part of the Republic of Egypt’s ongoing economic reform, the Central Bank of Egypt (CBE) has established new banking…
Fintech Saudi launches accelerator program
As part of its ongoing commitment to supporting Saudi Arabia’s fintech industry, Fintech Saudi has launched the Fintech Accelerator, a…
Developing an educational platform for banking in “Abu Dhabi Global”
The Human Resources Authority of the Emirate of Abu Dhabi, the Abu Dhabi Global Market Academy and Abu Dhabi Commercial…
GCC's e-commerce sector surging ahead thanks to Covid-19
Kearney – a global strategic consulting firm – started tracking the region’s e-commerce landscape from 2015 onwards. A sparkling growth…