Saudi borrowers fuel MENA syndicated loan boom
Newly published league tables from Bloomberg show that regional loans increased by more than half last year, surpassing the previous…
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Fifty-year Charter for a progressive Dubai: VP
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has announced the “The…
BisB appoints new CFO
Bahrain Islamic Bank has appointed Ameer Abdul Ghani Dairi as its chief financial officer. Hassan Jarrar, chief executive officer…
Turkey’s bank regulator to take over debts of football clubs
Turkey’s Banking Regulation and Supervision Agency (BDDK) and the Turkish Football Federation (TFF), along with the presidents of the country’s…
Investors aghast after jailed CEO denies taking money from them
Heera Group investors in the UAE and other parts of the region have been left aghast after its CEO denied…
Citi's Israeli Innovation Ensures Bank Stays Ahead of Rivals
American banking giant Citi prides itself on its business activities across more than 160 countries, yet much of its fintech…
All types of loans reached $1.1 b last year, says Kuwait Credit Bank
Kuwait Credit Bank said on Saturday that the total of all types of loans reached KD 336.3 million ($1.1 billion)…
Doha Bank, StockHolding join hands to offer India investment solutions
Doha Bank has signed a memorandum of understanding (MoU) with Stock Holding Corporation of India Limited (StockHolding), India’s premier custodian…
CEO of Saudi Arabia’s newest technology investment fund STV shoots for the moon
"We pursue the moonshots,” said Abdulrahman Tarabzouni, but he was not taking about the space industry. Tarabzouni is the…
Mideast interest-free payment platform developed in Turkey
Blockchain-based payment platform MenaPay, developed in Turkey, will be launched in the whole region on Jan. 15, 2019, as an…
QNB revamps payments systems with Infosys Finacle
Qatar National Bank has implemented Infosys’ Finacle Payments Hub as part of the bank’s digital transformation strategy. QNB operates…
More changes to UAE residency laws expected, says Al Mulla
Further changes to the UAE’s residency law are expected in the coming year, as the UAE cabinet begins the implementation…