Impact of new reporting standards on Gulf banks has been 'manageable', says S&P
The impact of GCC banks adopting International Financial Reporting Standards 9 has been “manageable” in the year since they were…
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Qatar resists bank merger
Deutsche Bank is facing resistance from top Qatari shareholders to its planned merger with Commerzbank. The investors are concerned…
Global investor services provider SGG Group rebrands as IQ-EQ
SGG Group unites under a powerful new brand SGG Group, the world’s 4th largest investor services group, has announced a…
Objectway's Financial Chatbot at the CINI National Conference on Artificial Intelligence
Objectway presented the contribution "A Financial Chatbot for the Unified Wealth Management Platform Project" during the workshop "AI for Finance,…
Deutsche Replaces Investment Boss
Deutsche Bank is revamping its investment advice for wealthy clients in Europe, the Middle East, and Africa, finews.com has learned.…
Middle East: The Gulf's banks improve their Asia focus
Trade between the Middle East and Asia grows and becomes more complex, integrated and interdependent with each passing year. An…
Turkish investors dumping low-yield lira deposits drove up dollar
Turkish individual investors who switched to foreign currency savings to avoid low-interest returns on Turkish lira deposits played a major…
S&P affirms QIB’s rating at ‘A-/A-2’ with stable outlook
Standard & Poor’s has affirmed Qatar Islamic Bank’s issuer credit rating at ‘A-/A-2’ with a stable outlook. S&P, one…
BFC trusted name for remittances since 1917
On the occasion of Bangladesh’s Independence Day, the Bahrain Financing Company highlights its remittance service offerings. As one of…
AUB AGM approves a cash dividend of 15 fils per share
Chairman of Ahli United Bank, Dr Anwar Al-Mudhaf assured that “during the year 2018, the Bank continued to achieve good…
ABK receives ‘Best Retail Bank in Kuwait’ for fourth straight year
Al-Ahli Bank of Kuwait received two prominent awards in the Asian Banker Excellence in Retail Financial Services Awards 2019, with…
Bahrain tries to limit expat contracts as Dubai keeps doors open
Bahrain is reviewing a change in the law, which would limit expat contracts in the public sector to a maximum…