Dubai Debuts Nationwide Data Platform Powered by Blockchain
This platform is set to become a nationwide system for exchanging verified customer data. Dubai’s Department of Economic Development,…
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MENA fund managers to increase Saudi investments with eye to recovery
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, according to a Reuters poll,…
Oman Insurance completes 100% acquisition of subsidiary Dubai Starr Sigorta
Oman Insurance Company has completed 100 percent acquisition of its subsidiary Dubai Starr Sigorta. Dubai Starr Sigorta is an…
UAE Islamic insurance in throes of consolidation
The takaful market is on course for even more M&A deals, with Shariah-compliant products set to receive greater acceptance following…
Sherif Farouk appointed as Egypt Post Chairperson
Prime Minister Mostafa Madbouly has issued the decision appointing Sherif Farouk as Chairperson of Egypt Post for a period of…
The National Bank acquires the Palestine branch of the Jordan Commercial Bank
The Ramallah-based National Bank has announced the completion of the acquisition of the assets and obligations of the Palestine branch…
Qatar- QIB announces new features to its award-winning Mobile App
As part of QIB''s ongoing efforts to provide innovative digital solutions to empower its customers, Qatar Islamic Bank recently released…
Higher for longer gold prices
Highlights Risk of inflating away debt and currency debasement worries should keep gold as a "haven" asset of choice…
Abu Dhabi Commercial Bank Q2 net profit falls 15% as impairments rise
Abu Dhabi Commercial Bank ADCB.AD posted a 15% drop in second-quarter net profit due to higher impairment costs, including to…
Walkers Advises The Commercial Bank (P.S.Q.C) of Qatar
Walkers advised Commercial Bank, a leading Qatari financial institution, on Bermuda law aspects in connection with the update to its…
Spain’s BBVA underscores support for Erdoğan lending boom
Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) underlined its support for Turkey’s efforts to revive economic growth through a lending…
Digital transformation in the time of COVID-19: The case of MENA
Digital connectivity in the time of COVID-19 is no longer about traditional communication and the search for information; it has…