Saudi central bank ready for any Aramco-related liquidity squeeze
Saudi Arabia’s central bank is ready for any liquidity squeeze from Saudi Aramco’s initial public offering and is closely monitoring…
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High-tech facility opens in Kizad, to provide quality testing services
A high-tech facility at Khalifa Industrial Zone Abu Dhabi (Kizad) was launched on Tuesday, set out to provide a full…
Dubai bankers club seeks turnaround after membership dwindles
Dubai financial district's members-only business club is seeking money to turnaround the exclusive meeting spot once-favoured by the city's top…
Avoiding rags to riches in three generations: family governance in the Middle East
How can clients and their advisers ensure that family businesses can survive and prosper in the region? Family owned…
Why P2P Could Soon Play A Leading Role In Middle East FinTech B
When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have…
ADIB launches "Smartbanking" digital proposition for millennial customers
Abu Dhabi Islamic Bank has launched a new digital banking proposition targeting millennials called Smartbanking. Smartbanking features digital onboarding…
Dubai economy to grow at 3.2% in 2020, media office says
Dubai's economy will grow 3.2% in 2020, accelerating from expansion of 2.1% in 2019, the Department of Economic Development was…
ICICI Bank unveils new center in Bahrain with retail, corporate banking facilities
ICICI Bank has unveiled its new centre in Bahrain with retail and corporate banking facilities.India’s Ambassador to Bahrain Alok Kumar…
NBB takes the lead as the first bank in the MENA region to launch open banking solutions
National Bank of Bahrain has set a significant benchmark in the region’s financial sector by becoming the first Bank in…
Saudi central bank sets minimum capital limit for microfinance firms
Saudi Arabia's central bank, the Saudi Arabian Monetary Authority, has set minimum capital limits for companies looking to offer small…
US investment bank Stifel announces opening of Israel office
Stifel Financial Corp., a leading American multinational brokerage and investment banking firm, announced the opening of its first office in…
Cloud computing surges in the UAE in 2019
The past 12 months has seen a rapid growth of cloud computing in the United Arab Emirates as suppliers race…