Rania Nashar wins Distinguished Arab Woman Award in the field of economics and banking
Arab Women Authority announced its choice of Ms. Rania Nashar for the Distinguished Arab Woman Award in the field of…
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Abu Dhabi in talks with banks for new international bond deal, sources say
The government of Abu Dhabi is in talks with banks for a new international bond issue, sources said, having already…
UAE: National Banks’ Assets Soar to $816 Billion in H1 2020
Total assets of the 18 listed national banks in the UAE rose to around AED3 trillion ($816 billion) in H1-2020,…
CCB lists $1.2b green bonds on Nasdaq Dubai
China Construction Bank Corp celebrated the listing of two green bonds of $700 million and $500 million, totaling $1.2 billion,…
Ex-Guardian Wealth Qatar CEO hit with fine and ban
The QFC Regulatory Authority has announced that it had taken disciplinary action against the former CEO of Guardian Wealth Management…
Open Banking Is Increasingly Being Adopted by Fintech Sector in Bahrain and the MENA Region
Bahrain introduced its first Open Banking product for the MENA region during December of last year. The central bank…
First Abu Dhabi Bank extends Dh3.97b as rebates to small businesses
The First Abu Dhabi Bank (FAB) is extending nearly Dh4 million in rebates to merchants as part of Abu Dhabi’s…
Rising provisions take toll on Saudi bank profits in first half of 2020
Rising loan loss provisions adversely impacted profits of Saudi Arabia’s banks in the first half of 2020 despite an improvement…
Al Salam Bank-Bahrain launches new mobile application
Al Salam Bank-Bahrain last week marked the beginning of an exciting new chapter in its ongoing journey towards digitisation with…
QPay witnesses more than 4-fold jump in transactions in 2019
QPay, Qatar's e-commerce payment gateway, has witnessed a "remarkable" more than four-fold jump in transactions in 2019 and the direct…
UAE residents flying back to Dubai still require GDRFA approval
UAE residents flying back to Dubai continue to require approval from the General Directorate of Residency and Foreign Affairs (GDRFA)…
Fintech industry growing by 18% annually in Saudi Arabia: report
The value of fintech transactions in Saudi Arabia increased at a rate of over 18 per cent each year between…