Egypt's parliament considering banking system draft law
According to Egyptian parliamentarians who spoke with Al-Monitor, the Egyptian parliament is currently considering the Central Bank of Egypt draft…
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EIBank names Imad Bou Khouzam Interim CEO
Emirates Investment Bank pjsc (“EIBank”), an independent private bank based in the UAE (DFM: EIBank), announced today the appointment of…
UAE enhances cooperation with Cyprus and Belgium
Obaid Humaid Al Tayer, Minister of State for Financial Affairs, met with his counterpart Harris Georgiades, Minister of Finance of…
Al Baraka Banking Group & Eazy financial Services inks MoU
Al Baraka Banking Group have signed a Memorandum of Understanding paving the way to conduct a feasibility study for deploying…
QIB bags three global awards
The Banker Magazine has named QIB the 'Best Islamic Bank Middle East, 'Best Islamic Bank Qatar, and 'Best Islamic Bank…
Volante Technologies launches SEPA instant payments as a service on Microsoft Azure for RT1 and TIPS
Volante Technologies has announced that it is providing end-to-end SEPA (Single Euro Payments Area) instant payments processing as an on-demand…
RBS expects capital boost from Saudi bank merger
Royal Bank of Scotland Group PLC said Monday that the completed merger of Alawwal Bank (1040.SA) and Saudi British Bank…
Cabinet restructures Emirates Development Bank board
As part of its plan to modernise work mechanisms in the federal government, the UAE Cabinet has restructured the Board…
Sabb completes merger with Alawwal Bank creating third-largest Saudi lender
Saudi Arabia’s Alawwal Bank formally merged on Sunday with Saudi British Bank (Sabb) to create the third-biggest lender by assets…
UAE ranked 27th globally in terms of its ability to attract FDI
The United Nations Conference on Trade and Development's World Investment Report 2019 has ranked the UAE 27th globally in terms…
UAE, Hong Kong sign agreement on the mutual promotion and protection of investments
The Ministry of Finance has signed an agreement to encourage and protect investments between the UAE and the Government of…
Bank of Sharjah reports 51% drop in profits for 2018
Bank of Sharjah revised on Sunday its earnings figures for 2018, reporting a 51 per cent year-on-year drop in its…