Uncategorized Archives - Page 1927 of 3971 - Managers of Wealth Middle East

Intellect limited joins hands with Bahrain Bank for digitising banking business

February 21, 2019

City-based Intellect Design Arena Ltd, has been selected by BBK, to implement a comprehensive digital transformation of its banking business. …

FinTech

A Tiny Gulf Nation Is Opening Its Doors to Crypto

February 21, 2019

Bahrain, once the Middle East’s hub for financial industries, is attempting to regain its footing by allowing companies using cryptocurrency…

Hedge Funds & Alternative Investments

Bahrain's Mumtalakat set to raise $600 mln in sukuk

February 21, 2019

Bahrain’s sovereign wealth fund Mumtalakat is set to raise $600 million in sukuk, or Islamic bonds, with a 5.625 percent…

FinTech

UAE-based blockchain platform for trade finance distribution goes live with 25 banks

February 21, 2019

TradeAssets, is now live with 25 banks. The first transaction was completed on February 6, and the onboarded banks…

Executive Moves

Lebanon nominates Ziad Hayek for World Bank boss

February 21, 2019

To Highlight unfair hiring practices, some campaigners carry out sting operations on unsuspecting firms. They submit two applications with…

Awards and Recognition

Bahrain ranks 6th for ownership of bank notes by nationality

February 21, 2019

Jordan Security Depository Center (Edaa) ranks the Kingdom of Bahrain 6th for ownership of banknotes by nationality in January 2019.…

Fraud & Ethics

Updated anti-money laundering laws in UAE to face some challenges

February 21, 2019

As long ago as 2008, the Financial Action Task Force reviewed the legal measures the UAE had implemented to counter…

Regulation, Risk & Compliance

QIB lays strong foundation for digital banking lead: Sheikh Jassim

February 21, 2019

QIB shareholders have given approval to amend the bank’s Articles of Association to comply with the listing condition of dividing…

FinTech

BBK Partners with Intellect's Digital Transaction Banking for Digital Transformation of its Transaction Banking Business

February 21, 2019

BBK has selected Intellect Global Transaction Banking to implement a comprehensive digital transformation of its transaction banking business, thus equipping…

Financial Results

Emirates NBD approval for debt, equity funding renewed

February 21, 2019

Emirates NBD’s general assembly meeting on Wednesday reviewed the banking group’s financial results and approved the directors’ report. The…

Hedge Funds & Alternative Investments

Traders bullish as DFM index breaches critical level

February 21, 2019

Traders were left brimming with confidence after the Dubai Financial Market (DFM) general index breached the critical 2,570 level on…

Hedge Funds & Alternative Investments

Abraaj close to selling major assets

February 21, 2019

The Abraaj Group, once the largest private equity firm in the Middle East, is close to reaching a key milestone…

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