Saudi Arabia's STCPay reveals new board of directors
The new board of directors will be headed by Khalid Bin Sulaiman Al Jasser, supported by six experts in banking…
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Green bonds rose 40 per cent in the first quarter backed by corporate issuance
Green bond issuance rose 40 per cent to $47.2 billion globally in the first quarter of 2019 backed by strong…
Dubai's Nimai Capital's Dh550.5m fund to invest in Asia, Africa
Investment banking advisory firm Nimai Capital has launched $150 million (Dh550.5 million) fund in partnership with Kenya's Victoria Commercial bank…
Emirates chief commercial officer resigns after airline's profit dives
Emirates Chief Commercial Officer Thierry Antinori has resigned, a spokeswoman said on Sunday, days after the Gulf airline announced its…
Bahrain’s IT market to hit $185.64m
Future government and digital transformation are driving Bahrain’s IT market to reach a record-high of BHD 70 million ($185.64 million)…
Egypt- EALB launches new retail banking package for first time in its history
The Egyptian Arab Land Bank (EALB) has launched a wide range of retail banking services for the first time in…
Bahrain Is Set to Receive $2.3 Billion From Allies in 2019
Bahrain said it will receive about $2.3 billion this year from a five-year support package provided by its Gulf Arab…
Emirates reports 69% profit drop as high oil prices, strong dollar hit earnings
Dubai-based Emirates airline reported a 69 per cent drop in full-year profit on Thursday, blaming higher oil prices, a strong…
UAE and KSA brand dominance leaves little room for other country players
Brand valuation and strategy consultancy Brand Finance has revealed its most valuable Middle Eastern brands for 2019 – with those…
Some gaps still need filling up in Islamic finance
Over the decades, the Islamic finance industry has seen significant growth and is now estimated to have crossed $2 trillion…
Goldman, Bain, EBRD meet Turkish banks about problem loans -sources
Goldman Sachs, Bain Capital and the European Bank for Reconstruction and Development met on Thursday with Turkish bankers and investors,…
Ripple XRP Boosting News: Major Banks In The Middle East Are Willing To Use Ripple’s xRapid Technology
As reported in our XRP news yesterday, Ripple, xRapid and XRP have continued to gain global recognition as the future…