Market sell-off is structural by Gary Dugan
The market sell-off is about the growing realisation of structural challenges that policy makers remain too weak to address. Core…
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Burgan Bank issues $328m bonds in Kuwait market
Burgan Bank, the second largest local conventional bank by assets size in Kuwait, has announced that it has successfully issued…
Sharjah enhances offer for Invest Bank, shareholders to vote on January 8
The Government of Sharjah has made an enhanced offer to invest in struggling Invest Bank and the bank’s shareholders will…
Qatar’s fiscal position strengthens on oil, gas revenues: EIU
The risk of capital outflows induced by the regional blockade on Qatar has largely subsided with the “recovery of foreign…
Lebanon faces financial crisis, says minister
Lebanon’s finance minister has said the heavily indebted country is in a state of economic crisis and warned it faces…
UAE’s banking sector profitability to remain strong in 2019
The UAE’s banking sector maintained steady asset growth, improved profitability and asset quality in 2018 and is expected to deliver…
Former UAE banker, trade body chairman to receive OBE
UAE-based British businessman and executive Richard Oliver is to be awarded an OBE, in the New Year’s Honours list announced…
Israel Is Undergoing A Female Banking Revolution, Russak-Aminoach Leads The Way
Rakefet Russak-Aminoach smiles broadly. “I was recently sitting having dinner with a senior representative from a Chinese fund, a…
Digital banking gains momentum in Egypt
In the embrace of new technology, every step counts in Egypt's digital transformation, according to Jacques-Emmanuel Blanchet CEO, HSBC Egypt.…
GCC banks lenders unite to be leaner and efficient in tough conditions
Financial institutions in the region, home to one-third of the world’s proven oil reserves, are consolidating like never before. …
Blockchain Cross-Border Payments Service Launched By National Bank Of Kuwait
The National Bank of Kuwait (NBK) has rolled out a new blockchain-based service for instantaneous money transfers. The NBK…
Largest Bank in Kuwait Integrates with Ripple for blockchain Cross-Border Payments
The National Bank of Kuwait which is the first bank in Kuwait has announced its intention to incorporate RippleNet blockchain…