Egypt launches NBK EG Wallet
Egypt launched its new “NBK EG Wallet” application, available in both Arabic and English for IOS and Android smart phone…
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HSBC Private Banking issues market outlook for Q3 2019
While the current investment landscape is more complex than in the years before 2018, there are still many investment opportunities,…
Gulf of Oman tensions cloud Saudi Arabia's potential euro bond sale
Saudi Arabia is considering selling its first euro-denominated bonds, a government official said on Tuesday, although bankers have warned Middle…
More UAE banks to merge, KPMG predicts
More consolidation is likely in the financial services sector in the United Arab Emirates over the next four years, especially…
Cryptocurrency platform HAYVN approved by Abu Dhabi regulator
Cryptocurrency platform HAYVN has announced it has received an in-principle approval from the Financial Services Regulatory Authority, the regulatory body…
QF launches new funding initiative to support private sector
Qatar Foundation Research, Development, and Innovation has marked the launch of its new funding initiative, 'Innovation Coupon', by signing an…
Moody's warns of 'funding squeeze' in Oman
Growth in Oman’s bank deposits is expected to lag in the next 12 to 18 months as lower oil prices…
UBS brings machines into credit derivatives to boost trading
UBS Group AG is pushing further into automated trading by programming its robots to handle derivatives and exchange-traded funds tied…
Bank ABC partners with Jumio
Jumio has announced a partnership with Bank ABC, the MENA (Middle East and North Africa) region’s leading international bank. …
UAE's FAB to close Qatar operations
First Abu Dhabi Bank on Wednesday announced that it will close its Qatar operations following baseless allegations by Qatari regulatory…
Dubai suspends licence of company in DIFC
The Dubai Financial Services Authority – the independent regulator of financial services conducted in or from the Dubai International Financial…
Boutique Firm Led by Ex-UBS Banker to Bid for Abraaj Funds
A boutique investment firm founded by former UBS Group AG banker Yassine Bouhara is bidding to buy funds managed by…