UBF explores adoption of blockchain in banks
The CEOs Advisory Council of the UAE Banks Federation on Monday discussed the adoption of blockchain to enhance know-your-customer processes…
Uncategorized
47651 articles found
China's plans to invest $20 billion in Egypt collapse
Talks between Egypt and China on the development of a new capital city area worth $20 million have halted following…
Shuaa Capital begins consolidation after buying Kuwait’s Amwal
The Dubai-based financial services firm Shuaa Capital has started “consolidation efforts” following its acquisition of the Kuwait-based Amwal International Investment…
Turkish lender, African bank sign $1B agreement
Turkey's private-lender Aktif Bank and African Export-Import Bank (Afreximbank) signed a $1 billion agreement, the Turkish bank announced on Monday.…
Central Bank of Egypt (CBE) to Explore Digital Currency Issuance Options
Banks all over the world are interested in creating cryptos. Now, the central bank of Egypt has decided to start…
Global's OGM elects the new board of directors
Global Investment House held today its Ordinary General Meeting and elected a new board of directors for the coming three…
Arab economies’ diversification to unlock new wealth
Arab countries are moving beyond the oil and gas industries to diversify and innovate their economies, and this is where…
Project for digitising customer data verification to be implemented soon
The first phase of the national eKYC project, a groundbreaking initiative to digitise customer data verification, will be implemented next…
Banque Misr hires 3 financial market experts for Misr Financial Investments’ restructuring
Banque Misr appointed a number of financial and investment experts to undertake the restructuring of Misr Financial Investment, a company…
Ripple to Launch Blockchain Remittances to Asia with Major UAE Exchange
Ripple recently announced about a new partnership with United Arab Emirates-based UAE Exchange platform. According to the announcement, passed…
NBK Capital to be coordinator of largest bond issue in Kuwait for Burgan Bank
Faisal Al-Hamad said that the company has a new strategy for the next three years. It follows the needs…
Saudi startups win big with business incubator Oqal
An up-and-coming Saudi business incubator recently launched a new incentive program aimed at keeping the young and budding entrepreneurs it…