New banking regulations threaten press freedom in Turkey
The Turkish media have come under increasing pressure in recent years as dozens of journalists remain behind bars and the…
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Saudi fintech Geidea begins beta testing of new digital product range
Leading Saudi fintech company, Geidea has officially launched its BETA testing for a host of new state of the art…
ICD reports Dh25 billion net profit, up 16.9% in 2019
Investment Corporation of Dubai, the principal investment arm of the Government of Dubai, on Wednesday reported a net profit of…
BNP Paribas’ FX Prime Brokerage Unit Halts Turkish Lira Trades
BNP Paribas has reportedly decided to suspend Turkish lira transactions over its FX prime brokerage unit, Bloomberg reports. The decision…
Turkey exempts Euroclear, Clearstream from trade limit
Turkey’s banking watchdog on Wednesday gave exemptions to two foreign institutions -- Euroclear Bank and Clearstream Banking -- from its…
Turkish state owned Vakifbank obtains banking licence from Qatar
A Turkish state bank has obtained a licence to carry out financial operations in Qatar, in a sign of growing…
ADQ launches Dh1.1 billion venture fund
ADQ, one of the region’s largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu…
Instant protection for your family through the QIB mobile app
Qatar Islamic Bank’s announced yesterday its Family Shield Takaful policy is designed to provide both nationals and residents financial security…
Mashreq: Contactless payments are on the rise due to COVID-19
As the world faces the challenges of the COVID-19 pandemic, trends that existed before have been exacerbated in the world…
Kuwait among emerging markets but some negativity seen
A report published by the ‘Global Finance’ magazine ranks Kuwait among the regions for emerging markets that enjoy investment opportunities,…
Axa partners with UAE insurtech firm on affordable protection
Insurance provider Axa has joined forces with UAE-based technology firm Democrance to improve financial inclusion and boost the development of…
Don’t allow mismanagement to disrupt rebuilding
The handling of the coronavirus-created economic crisis has varied from one country to another, and this is based on the…