Israel’s third largest bank chooses Temenos
Tefahot has chosen Temenos T24 Transact from Temenos to replace its capital market systems. Temenos T24 Transact will replace…
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Deutsche Bank hired another whole team of people here
Deutsche Bank may be making 18,000 job cuts, but this doesn't mean that it's stopped hiring. On the contrary, it…
Anglo-Gulf Trade Bank partners with Publicis Sapient and Microsoft to launch world's first end to end digital trade finance bank
Publicis Sapient has announced their partnership supporting the launch of the world’s first end to end digital trade bank, Anglo-Gulf…
Dubai’s Noor Bank launches 3.2 mln dirham waqf fund with Ajman Uni to benefit Islamic banking and finance
Dubai-based Noor Bank has launched a 3.2 million dirhams ($871,000) waqf fund with Ajman University to benefit Islamic banking and…
Credit Suisse names Saudi Arabia CEO
Credit Suisse has hired Khalid Al Ghamdi, the current managing director at Mizuho Saudi Arabia, as the bank's new Saudi…
Ajman Bank Q2 2019 profit flat year-on-year
UAE’s Ajman Bank reported a rise in profit of 0.17 per cent for the three months ending June 30 compared…
$2.3bn worth of Afreximbank investments in Egypt, says official
The African Export-Import Bank is investing some 2.3 billion dollars in Egypt, said Global Head of Advisory & Capital Markets…
CBI reports $11.16mln net profit in H1 2019
Commercial Bank International, CBI, today announced its financial results for the first half of 2019. The bank's net profit reached…
Seema Arora appointed Head of Execution Sales for EMEA
Instinet has announced the appointment of Seema Arora as Head of Execution Sales for EMEA. In this newly created…
Bahrain's sovereign wealth fund appoints new CEO
The board of the Bahrain Mumtalakat Holding Company, the country's sovereign wealth fund, has appointed Khalid Al Rumaihi as CEO.…
RAKBANK partners with City Properties Real Estate to offer property management and monitoring services to business banking customers
The National Bank of Ras Al Khaimah had entered into a Memorandum of Understanding with City Properties Real Estate. …
Ajman University, Noor Bank launch Noor Fund to promote Islamic banking, finance
Ajman University and Noor Bank have launched the first of its kind waqf initiative in the UAE with a capital…